BT LIMITED
Company Information
- Company Number
- 02216369
- Registered Address
- 1 Braham Street, London, United Kingdom, E1 8EE
- Status
- Active
- Employee Count
- 1
- Turnover
- £20,032,000
- EBITDA
- £832,000
Additional Details
- Website
- https://home.bt.com/
- Company Type
- Private limited Company
- Incorporated On
- 2 February 1988
- Nature of Business
- 61900 - Other telecommunications activities
- Industries
- Information Technology,Telecommunications And Data,Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
Based on the data provided, there has been a consistent trend for BT LIMITED to pay invoices within an average of 24-30 days, with a slight increase in the average time to pay from 2018-2020 and a decrease from 2020-2022. The percentage of invoices paid within 30 days has also consistently been around 70-80%, with a high of 92% in 2022. However, there has been some fluctuation in the percentage of invoices paid between 31-60 days, with a low of 11% in 2021 and a high of 31% in 2020. The percentage of invoices paid later than 60 days has remained relatively low, with a high of 9% in 2020 and a low of 0% in 2021.
Volatility Analysis
Besides the fluctuation in the percentage of invoices paid between 31-60 days, there has also been some volatility in the percentage of invoices not paid within agreed terms. This percentage has ranged from 6-29%, with a decrease in volatility from 2020-2022. There has also been some volatility in the shortest (or only) standard payment period, which has ranged from 42-39 days.
Performance Reports History
| 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 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 19 | 92% | 7% | 1% | 6% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 19 | 89% | 11% | 0% | 6% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 30 | 77% | 14% | 9% | 22% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 29 | 64% | 31% | 5% | 15% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 24 | 83% | 16% | 1% | 12% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Oct 2019 | 27 | 76% | 20% | 4% | 17% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 24 | 80% | 18% | 2% | 26% |
| 01 Apr 2018 - 30 Sept 2018 | 12 Sept 2019 | 27 | 73% | 22% | 5% | 29% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
BT Limited operates on standard payment terms of 60 days.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
BT Group have standard dispute resolution process across all suppliers payments. First point of contact is Accounts Payable, through contact points on website see link.https://groupextranet.bt.com/selling2bt/accounts_payable.html (Link to BT Payment Practices)
Other Payment Information
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
Company Summary
BT Limited is a multinational telecommunications company headquartered in London, United Kingdom. The company offers a wide range of products and services, including fixed-line and mobile telephone services, broadband, digital TV, and IT services.
One of BT Limited's key initiatives is their sustainability program, which focuses on reducing the company's carbon footprint and promoting environmentally friendly practices. This includes investing in renewable energy sources, reducing waste and emissions, and promoting sustainable procurement.
BT Limited's product portfolio includes a variety of sustainable solutions, such as energy-efficient broadband routers and smart home technologies that help customers reduce their energy consumption. They also offer renewable energy options for their business customers.
The company is led by a team of key people, including Philip Jansen as the CEO and Jan du Plessis as the Chairman. They are committed to driving the company's sustainability efforts and ensuring responsible business practices.
For more information on BT Limited's products and services, as well as their sustainability program, customers can visit their website at www.bt.com. The company's registered office address is BT Centre, 81 Newgate Street, London, EC1A 7AJ, United Kingdom.
