Score of 85.3/100 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 Jan 2020 - 30 Jun 2020 | 05 Nov 2020 | 20 | 80% | 19% | 1% | 23% |
| 01 Jul 2019 - 31 Dec 2019 | 04 Feb 2020 | 15 | 96% | 4% | 0% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 08 Feb 2019 | 15 | 93% | 6% | 1% | 11% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 16 | 90% | 8% | 2% | 26% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The majority of suppliers are setup with payment terms of 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
60
All supplier queries are emailed directly to the Accounts Payable department who will resolve issues directly with suppliers.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Betfair Limited is a UK registered company with SIC code 92000, covering gambling and betting activities. Companies House records show it as an active private limited company, incorporated in 2004 and registered in Birmingham. No further first-party description of its trading operations, brands or services was found in the evidence supplied, beyond its classification as a betting and gambling business. It should be understood as operating within the wider betting and gambling industry rather than as a manufacturer or property owner. No additional detail on specific products, betting exchange operations or customer offerings 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