BANNER BUSINESS SOLUTIONS LIMITED
Company Information
- Company Number
- 02405637
- Registered Address
- Newland House, Tuscany Way, Normanton, England, WF6 2TZ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 18 July 1989
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- Yorkshire
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
BANNER BUSINESS SOLUTIONS LIMITED demonstrates an exceptionally strong payment trend, with an average payment time of just 2 days and 97% of invoices settled within 30 days. This indicates a consistent practice of prompt settlements, with virtually no delays extending beyond the immediate term. The trajectory clearly shows a commitment to rapid financial processing.
Volatility Analysis
The payment behavior of BANNER BUSINESS SOLUTIONS LIMITED exhibits very low volatility, with only 2% of payments classified as late and just 3% falling into the 31-60 day bracket. This provides high predictability for suppliers, as nearly all invoices are settled well within standard terms. The absence of any payments extending beyond 60 days signifies an extremely low credit risk profile.
Summary Analysis
Overall, BANNER BUSINESS SOLUTIONS LIMITED presents an extremely favorable payment profile, characterized by an average payment time of 2 days and 97% on-time settlement. Suppliers can confidently expect reliable and prompt payments, making this company an ideal business partner with minimal payment risk. No significant risk mitigation strategies are necessary beyond standard business practices, given their consistently strong performance.
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 Jan 2025 - 30 Jun 2025 | 05 Aug 2025 | 2 | 97% | 3% | 0% | 2% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 5 | 92% | 7% | 1% | 1% |
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
There is No Single Standard Set of Terms. Terms vary depending on the type of product or service provided.
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
108
Dispute Resolution Process
All Payment queries are managed by our accounts payable team in accordance with our internal processes and dealt with as quickly as possible. Reasons for not being able to pay based on terms include receiving late or non compliant invoices or invoices that are in dispute.
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
BANNER BUSINESS SOLUTIONS LIMITED is an active private limited company
Its name indicates it provides business solutions, focusing on addressing various operational or strategic requirements for organisations
The company was incorporated on 18 July 1989, operating from Yorkshire
Its registered office is located at Newland House, Tuscany Way, Normanton, England, WF6 2TZ, and its company number is 02405637
Companies operating under the 'Business Solutions' designation in the UK typically offer a diverse range of services
These can include IT services, operational consultancy, human resources support, marketing solutions, or supply chain optimisation, all aimed at enhancing business performance and efficiency
