Industry ranking
| 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 | 21 Jan 2025 | 57 | 8% | 66% | 26% | 25% |
| 01 Jan 2024 - 30 Jun 2024 | 17 Jul 2024 | 53 | 9% | 66% | 25% | 26% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 55 | 9% | 67% | 24% | 26% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 53 | 9% | 65% | 26% | 27% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 67 | 10% | 66% | 24% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Jul 2022 | 59 | 19% | 57% | 24% | 30% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 65 | 11% | 66% | 21% | 22% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 63 | 10% | 69% | 19% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Jul 2021 | 63 | 10% | 71% | 19% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 60 | 16% | 41% | 43% | 35% |
| 01 Jul 2019 - 31 Dec 2019 | 16 Jan 2020 | 47 | 18% | 67% | 15% | 36% |
| 01 Jan 2019 - 30 Jun 2019 | 20 Sept 2019 | 52 | 19% | 61% | 20% | 26% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 52 | 9% | 71% | 20% | 25% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 49 | 30% | 58% | 12% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company aims to pay suppliers in line with the agreed terms. Where there is no existing agreement we pay 30 days following the month of invoice and subject to no invoice dispute.
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
As soon as we are made aware of an invoice discrepancy we issue debit notes by email to the supplier credit controller or lodge a query on the suppliers online portal as per the suppliers preference. The supplier sends correspondence to our purchase ledger department by email to provide an appropriate solution. Once the query is resolved the invoice is approved for payment.
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
Builder Depot Limited trades as Builder Depot, a builders' merchant based in London, incorporated in 2001. It supplies timber, sheet materials, bricks, aggregates, insulation, plasterboard, decorating products and general building supplies to trade professionals and DIY customers, both online and through five warehouse branches along the North Circular in North and West London. Services include timber sheet cutting, paint mixing, K Rend mixing, brick matching, cable cutting and kitchen design, alongside trade accounts, nationwide delivery and click and collect. It describes itself as one of the UK's leading independent builders' merchants, holding a large timber stock at its flagship New Southgate branch.
Generated from the company's website and Companies House records. Sources: builderdepot.co.uk · builderdepot.co.uk