BT MANAGED SERVICES LIMITED
Company Information
- Company Number
- 06423121
- Registered Address
- 55 Baker Street, London, W1U 7EU
- Status
- Dissolved
- Employee Count
- 0
- Turnover
- £80,307,000
- EBITDA
- £9,918,000
Additional Details
- Website
- https://www.btplc.com
- Company Type
- Private limited Company
- Incorporated On
- 9 November 2007
- Nature of Business
- 61900 - Other telecommunications activities
- Industries
- Telecommunications
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The trend for BT MANAGED SERVICES LIMITED's average time to pay invoices has been decreasing over the past three periods, from 63 days in Apr 2018-Sept 2018, to 62 days in Apr 2019-Sept 2019, to 60 days in Oct 2019-Mar 2020. However, there was a slight increase in the most recent period, with an average time to pay of 67 days in Apr 2020-Sept 2020.
Volatility Analysis
The volatility in BT MANAGED SERVICES LIMITED's average time to pay invoices has been relatively low over the past three periods, with a range of only 7 days (from 60 days to 67 days).
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 2020 - 30 Sept 2020 | 29 Oct 2020 | 67 | 1% | 33% | 66% | 4% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 60 | 0% | 56% | 44% | 6% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Oct 2019 | 62 | 2% | 40% | 58% | 4% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 61 | 6% | 33% | 61% | 6% |
| 01 Apr 2018 - 30 Sept 2018 | 06 Aug 2019 | 63 | 5% | 34% | 61% | 40% |
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 Group, including BT Managed Services Limited, payment terms for contracted suppliers are 90 days from receipt of a valid invoice. Some suppliers have mutually agreed other terms.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
We offer Supplier Finance Facility to most suppliers. Refer https://groupextranet.bt.com/selling2bt/articles/accounts_payable/supplier_finance.html
Maximum contractual payment period agreed
90
Dispute Resolution Process
BT Group, including BT Managed Services Limited, 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
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 Managed Services Limited is a leading provider of sustainable and innovative solutions for businesses. They offer a wide range of products and services that help companies manage their operations efficiently and reduce their environmental impact.
Their sustainability program focuses on reducing carbon emissions, promoting renewable energy, and implementing sustainable practices in their operations. They have set ambitious targets to reduce their carbon footprint and have been recognized for their efforts in sustainability.
BT Managed Services Limited offers a variety of products and services, including managed IT services, cloud computing, network security, and data backup solutions. Their services are designed to help businesses of all sizes improve their productivity, efficiency, and security.
The key people at BT Managed Services Limited include their CEO, who is responsible for the company's overall strategy and direction, and their management team, who have extensive experience in the technology and sustainability industries.
For more information on their products and services, interested parties can visit their website at www.bt.com/managedservices. Their registered office address is at BT Centre, 81 Newgate Street, London, EC1A 7AJ. BT Managed Services Limited is committed to providing sustainable solutions to businesses and continues to innovate and improve their services to meet the evolving needs of their clients.
