| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 46 | 35% | 48% | 17% | 56% |
| 01 Jan 2020 - 30 Jun 2020 | 20 Aug 2020 | 39 | 44% | 46% | 10% | 48% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 38 | 39% | 52% | 9% | 35% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 45 | 40% | 46% | 14% | 35% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 34 | 44% | 49% | 7% | 38% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payments terms are 30 days after invoice date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Disputes are resolved through discussion and the investigation and presentation of relevant evidence. If this process failed to resolve a dispute the business would be prepared to submit to the decision of an agreed independent arbitrator, but this has not occurred during the Reporting Period.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
NoteMachine UK Limited trades as NoteMachine and is part of The Brink's Company group. It provides outsourced ATM and cash management services to financial institutions, retailers and corporate clients, operating and servicing a network of over 15,000 ATMs across the UK and Europe. Its services span the full ATM lifecycle, including installation, hardware maintenance, cash replenishment, transaction processing, monitoring and security, along with cash-in-transit logistics. The company offers fully managed, self-fill and through-the-wall ATM models, and works with major banking brands. Registered in Wales, the entity's role within the wider Brink's group is to deliver ATM outsourcing and cash management services rather than manufacturing, despite its registered SIC classification.
Generated from the company's website and Companies House records. Sources: notemachine.com · notemachine.com