| 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 2018 - 30 Jun 2018 | 31 Jul 2018 | 48 | 31% | 33% | 36% | 67% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 days from month end on receipt of a correct, undisputed and properly due VAT invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We accommodate requests for terms of 30 days from month end from smaller businesses.
Maximum contractual payment period agreed
90
A dedicated Purchase Ledger team investigate any disputes alongside the Purchaser. We aim to resolve disputes within two weeks.
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
BRITISH CERAMIC TILE LIMITED is a dissolved private limited company, incorporated on 2 September 1996, based in the London region. Registered business activity: Manufacture of ceramic tiles and flags; Other business support service activities not elsewhere classified.
From Companies House records.