Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 90.1/100 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 Apr 2022 - 30 Sept 2022 | 24 Mar 2023 | 17 | 91% | 0% | 9% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We process a weekly payment run on a Wednesday to clear on the Friday, that captures all invoices due to the following Sunday. Given this timing period, some invoices may be paid outside of the payment terms by 1-7 days dependent on due dates when the payment run is compiled.
Maximum contractual payment period agreed
30
Escalated to relevant department head who procured
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
Brookson Solutions Limited, registered in Warrington, trades as Brookson and provides professional services to UK contractors, agencies and end clients. Its offering covers limited company accountancy, IR35 compliance support, umbrella employment payroll, Construction Industry Scheme (CIS) support, financial planning advice and employment law services. The company positions itself as a supply chain partner for recruitment agencies, helping them maintain compliance standards for contractor placements, and offers end clients off-payroll IR35 support and fee payer services. It states it has over 30 years of experience in accounting, payroll, legal and financial support, delivered through dedicated advisers and an online client portal.
Generated from the company's website and Companies House records. Sources: brookson.co.uk · brookson.co.uk