| 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 | 59 | 14% | 43% | 43% | 11% |
| 01 Jan 2025 - 30 Jun 2025 | 12 Dec 2025 | 59 | 12% | 43% | 45% | 14% |
| 01 Jul 2024 - 31 Dec 2024 | 11 Dec 2025 | 55 | 16% | 47% | 37% | 12% |
| 01 Jan 2024 - 30 Jun 2024 | 10 Sept 2024 | 51 | 21% | 48% | 31% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 10 Jun 2024 | 45 | 30% | 65% | 5% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Nov 2023 | 45 | 7% | 65% | 28% | 7% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 60 days EOM.
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
75
Suppliers email SupplierQueries@briggsequipment.co.uk where the inbox is manned daily & all emails responded to for any query for Accounts Payable.
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
Briggs Equipment UK Limited supplies, hires and services materials handling and powered access equipment, including forklift trucks, scissor lifts and cleaning equipment. It is the exclusive national UK distributor for Hyster and Yale forklift ranges, offering new and used equipment sales, short and long term hire, engineering support, fleet management and operator training through regional service centres across the UK. The company forms part of the Briggs Group, which is wholly owned by IFM Investors, a global asset manager. Its registered office is in Cannock, Staffordshire. Customers include logistics, brewing, retail and port operators, supported by nationwide engineering and maintenance teams.
Generated from the company's website and Companies House records. Sources: briggsequipment.co.uk · briggsequipment.co.uk