| 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 |
|---|---|---|---|---|---|---|
| 31 Mar 2024 - 29 Sept 2024 | 12 Nov 2024 | 31 | 39% | 61% | 0% | 0% |
| 01 Apr 2022 - 30 Sept 2022 | 01 Nov 2022 | 28 | 54% | 46% | 0% | 0% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | 30 | 49% | 50% | 1% | 1% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 26 | 54% | 46% | 0% | 1% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 28 | 53% | 46% | 1% | 1% |
| 01 Apr 2020 - 30 Sept 2020 | 09 Oct 2020 | 33 | 47% | 43% | 10% | 4% |
| 01 Oct 2019 - 31 Mar 2020 | 21 Apr 2020 | 29 | 48% | 52% | 0% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 16 Oct 2019 | 28 | 54% | 45% | 1% | 0% |
| 01 Oct 2018 - 30 Mar 2019 | 12 Apr 2019 | 30 | 51% | 49% | 0% | 1% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 31 | 50% | 48% | 2% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Generally 30 days, but specific suppliers have specific agreements
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
Disputes are generally avoided by disclosure and negotiation. We have had no payment disputes in the 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.
❌
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
Nottingham City Transport Limited operates local bus services across Nottingham and the surrounding area, trading as NCT and via the NCTX Buses App. It runs a network of routes covering the city, university campuses and neighbouring towns, seven days a week, using a fleet including electric and bio-gas buses. Services include live bus times, a journey planner, mobile and smartcard ticketing, school and college travel passes, and Wi-Fi on board. The company describes itself as Nottingham's biggest transport operator, with a history dating back to 1878. It is registered at an address on Lower Parliament Street, Nottingham, and remains an active company incorporated in 1986.
Generated from the company's website and Companies House records. Sources: nctx.co.uk · nctx.co.uk