| 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 Jan 2025 - 30 Jun 2025 | 18 Aug 2025 | 39 | 41% | 51% | 8% | 59% |
| 01 Jul 2024 - 31 Dec 2024 | 24 Jan 2025 | 36 | 35% | 64% | 1% | 65% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 40 | 31% | 66% | 3% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jan 2024 | 34 | 51% | 43% | 6% | 60% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 37 | 33% | 64% | 3% | 78% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jul 2023 | 36 | 28% | 71% | 1% | 83% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 36 | 29% | 68% | 3% | 71% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 36 | 28% | 69% | 3% | 83% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 38 | 27% | 70% | 3% | 73% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 46 | 19% | 73% | 8% | 91% |
| 01 Jul 2019 - 31 Dec 2019 | 17 Jan 2020 | 39 | 29% | 68% | 3% | 71% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Sept 2019 | 39 | 25% | 71% | 4% | 75% |
| 01 Jul 2018 - 31 Dec 2018 | 21 Jan 2019 | 40 | 22% | 75% | 3% | 78% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 39 | 24% | 70% | 6% | 83% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Brooks Bros (UK) Ltd doesn’t impose standard terms onto suppliers instead choosing to negotiate payment terms with each supplier separately. This results in a variety of payment terms from as little as 7 days from invoice date up to 90 days from invoice date. The two most common, representing nearly 60% of all suppliers, are Net Monthly Account i.e. payment is due on the last day of the month following the month of invoice and 30 days from date of invoice. The latter terms are the most common and are reported here as the company’s standard terms.
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
90
If there is a dispute about payment, the supplier should contact the Accounts Payable team. In many cases payment disputes are caused by basic errors such as sending invoices to the site that placed the purchase order rather than to the Accounts Payable team, not quoting purchase order numbers on invoices and failing to issue monthly statements which allow missing invoices to be identified. If there is a question around the price, quality or quantity of supplies made to Brooks Bros (UK) Ltd, it is likely that the supplier will have been contacted by the team that placed the original purchase order shortly after receipt of the goods or services. Resolution of these types of issues often depends on the speed that the supplier works at. Once the dispute is resolved, payment will be made on the next payment run.
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.
❌
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.
❌
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Brooks Bros. (UK) Limited is a British company that specializes in the production and distribution of sustainable timber and timber-related products. Their core values revolve around sustainability and responsible sourcing, making them a leader in the industry.
Their sustainability program focuses on promoting environmentally-friendly practices throughout their supply chain, from sourcing materials to manufacturing and distribution. They also prioritize ethical labor practices and have a strong commitment to supporting local communities where they operate.
The company offers a wide range of sustainable products, including timber, decking, cladding, fencing, and furniture. These products are all made from responsibly sourced timber and are certified by reputable organizations such as FSC and PEFC.
The key people at Brooks Bros. (UK) Limited include the managing director, Richard Brooks, who has over 30 years of experience in the timber industry, and the sustainability director, Sarah Peacock, who is dedicated to promoting sustainable practices within the company.
Their website address is www.brookstimber.com, where customers can browse their products and learn more about their sustainability efforts. The registered office address is 29-31 Telford Way, Kettering, Northamptonshire, NN16 8UN, United Kingdom.
In summary, Brooks Bros. (UK) Limited is a reputable and sustainable company that offers a wide range of timber products while prioritizing responsible sourcing and ethical practices. With a strong commitment to sustainability and a team of dedicated professionals, they continue to lead the way in the timber industry.
Proud of your payment record? Show your live score on your own site:
<iframe src="https://paymentcheck.co.uk/badge/01644146" width="240" height="72" style="border:0" title="PaymentCheck Score" loading="lazy"></iframe>