BT SOLUTIONS LIMITED
Company Information
- Company Number
- 04573373
- Registered Address
- 1 Braham Street, London, United Kingdom, E1 8EE
- Status
- Active
- Employee Count
- 0
- Turnover
- £17,827,000
- EBITDA
- £2,098,000
Additional Details
- Website
- https://btplc.com
- Company Type
- Private limited Company
- Incorporated On
- 25 October 2002
- Nature of Business
- 61900 - Other telecommunications activities
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The trend for BT SOLUTIONS LIMITED over the past three periods has shown a decrease in the average time taken to pay invoices, with a significant drop in the most recent period. The percentage of invoices paid within 30 days has also increased, while the percentage of invoices paid later than 60 days has decreased. This suggests that the company is improving in terms of timely payments to suppliers.
Volatility Analysis
There is some volatility in the data for BT SOLUTIONS LIMITED, particularly in terms of the percentage of invoices paid within 30 days. This percentage has fluctuated between 8% and 46% over the past three periods, indicating that the company may not have a consistent approach to timely payments.
Summary Analysis
From the data, it can be seen that BT SOLUTIONS LIMITED has made improvements in their payment practices over the past three periods. The average time taken to pay invoices has decreased, and the percentage of invoices paid within 30 days has increased. However, there is still room for improvement as the percentage of invoices paid later than 60 days remains relatively high and the company has shown volatility in their payment practices.
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 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 86 | 13% | 63% | 24% | 50% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 58 | 23% | 59% | 18% | 41% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 44 | 25% | 75% | 0% | 13% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 35 | 46% | 54% | 0% | 8% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Oct 2019 | 52 | 21% | 62% | 17% | 43% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 48 | 8% | 82% | 10% | 32% |
| 01 Apr 2018 - 30 Sept 2018 | 07 Aug 2019 | 53 | 19% | 64% | 17% | 31% |
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
BT Solutions Limited operates on 60 day standard payment terms.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Dispute Resolution Process
BT Group have standard dispute resolution process across all suppliers payments. First point of contact is Accounts Payable, through contact points on website see link. https://groupextranet.bt.com/selling2bt/accounts_payable.html (Link to BT Payment Practices)
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
BT SOLUTIONS LIMITED is a technology solutions company based in the United Kingdom. The company offers a wide range of products and services, with a focus on sustainability.
Their sustainability program includes initiatives to reduce their carbon footprint, minimize waste, and promote eco-friendly practices. They also work to improve the sustainability of their products and services, such as using renewable energy sources and promoting energy efficiency.
BT SOLUTIONS LIMITED offers a variety of technology solutions for businesses, including network and IT services, cloud computing, and cybersecurity. They also provide communication services, such as broadband, mobile, and landline services.
The key people of BT SOLUTIONS LIMITED include the CEO, Gavin Patterson, and the Chairman, Jan du Plessis. They have a team of experienced professionals who are committed to delivering high-quality services to their clients.
The company's website is www.bt.com and their registered office address is BT Centre, 81 Newgate Street, London, EC1A 7AJ, United Kingdom. Customers can also contact them by phone at +44 (0)20 7356 5000 or by email at customer.service@bt.com.
In summary, BT SOLUTIONS LIMITED is a leading technology solutions company in the UK with a strong focus on sustainability. They offer a wide range of products and services and are led by a team of experienced professionals. Their commitment to sustainability sets them apart in the industry and makes them a top choice for businesses looking for eco-friendly technology solutions.
