Industry ranking
Score of 90.9/100 qualifies for PaymentCheck Certification
| 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 Jul 2025 - 31 Dec 2025 | 28 Jan 2026 | 17 | 87% | 11% | 2% | 13% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 17 | 86% | 12% | 2% | 14% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 18 | 86% | 12% | 2% | 14% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 18 | 85% | 13% | 2% | 15% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 18 | 86% | 12% | 2% | 14% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 19 | 84% | 13% | 3% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 19 | 86% | 11% | 3% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 20 | 86% | 12% | 2% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 17 | 87% | 10% | 3% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 15 | 89% | 10% | 1% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 12 | 93% | 4% | 3% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 21 Jan 2020 | 10 | 94% | 5% | 1% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 11 | 97% | 2% | 1% | 4% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 14 | 95% | 4% | 1% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 13 | 97% | 2% | 1% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
standard payment terms 30 days
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
30
Alphabet (GB) Limited has a dedicated accounts payable team that offers support and advice to our suppliers on payment practices. They work in close collaboration with other key stakeholders in the Alphabet business and around BMW Group UK who are involved with the supplier payment process, such as our Supplier Relationship Management Team. Our accounts payable team can be contacted between 8.30am and 5.15pm either by telephone or email. A member of the team takes responsibility for the investigation, co-ordination and resolution for each case and to ensure that all parties are kept up to date with the progress of the query. In addition, Alphabet provide an online remittance service which enables suppliers to self-service and view their payments from Alphabet online. This system is updated via an overnight process so all payments are visible within 24 hours of payment. Alphabet (GB) Limited is part of BMW Group UK and is authorised and regulated by the Financial Conduct Authority.
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
Alphabet (GB) Limited is a company registered in Farnborough, Hampshire, originally incorporated in 1996 under the name Ulttrade Limited before adopting its current name. Its Companies House classification covers financial leasing and credit granting by non-deposit taking finance houses and other specialist consumer credit grantors, indicating it provides vehicle or asset leasing and related finance arrangements rather than deposit banking. The company remains active, with regular accounts and confirmation statements filed. No further detail on specific products, customer base or trading relationships is available from the supplied evidence beyond its registered activity classification and corporate history.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk