Score of 86.15/100 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 2024 - 31 Dec 2024 | 03 Feb 2025 | 17 | 86% | 13% | 1% | 17% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 33 | 78% | 16% | 6% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 33 | 91% | 6% | 3% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 28 | 81% | 11% | 8% | 82% |
| 01 Jun 2022 - 31 Dec 2022 | 27 Jan 2023 | 24 | 82% | 16% | 2% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 22 | 81% | 15% | 3% | 16% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 19 | 83% | 16% | 1% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | 19 | 82% | 17% | 1% | 12% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 17 | 48% | 32% | 20% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 16 | 84% | 15% | 1% | 31% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 22 | 82% | 17% | 1% | 22% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 23 | 82% | 17% | 1% | 21% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 14 | 85% | 14% | 0% | 18% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms depend on the type product being purchased.
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
Invoices are logged on our central system. They must quote a valid purchase order number. Any disputes are raised with the buyer so that they may contact the seller directly to resolve.
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
BRS Limited is a private limited company registered at Wedgnock Industrial Estate in Warwick, the same site used by Volvo Group UK Limited. Companies House records its business activity as the renting and leasing of trucks and other heavy vehicles. The company was incorporated in January 1998, initially as Assuris Limited before adopting its current name later that month. Its registered address and officer correspondence details link it to the Volvo Group's UK operations, suggesting it operates as a vehicle rental and leasing entity within that group rather than as an independent trading business. No further detail on trading activity, customers or services offered is available from the evidence provided.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk