| 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 Mar 2019 - 31 Aug 2019 | 03 Oct 2019 | 30 | 59% | 33% | 8% | 47% |
| 01 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 20 | 81% | 15% | 4% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms range between 28 and 45 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
45
Our accounts payable team offer support and query resolution to all suppliers. The team can be contacted by email, letter or telephone.
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
BIMM Limited is registered for first-degree level higher education and, based at Hove, trades as BIMM Music Institute. It operates as a music college offering degree, masters, diploma and short courses in subjects including music performance, production, business, songwriting, event management and marketing. Courses are delivered across campuses in London, Brighton, Bristol, Manchester, Birmingham, Dublin and Berlin, plus online. The provider describes itself as the UK's leading music college, focusing on industry connections, employability and graduate careers through links with festivals, venues, studios and labels.
Generated from the company's website and Companies House records. Sources: bimmacademy.co.uk