| 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 2019 - 30 Jun 2019 | 30 Jul 2019 | 32 | 68% | 16% | 16% | 27% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 14 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
45 days from receipt of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
In the first instance disputes are to be taken up with the Barclays business contact stated on the PO. For general PO or payment queries e-mails should be sent to Procurementopssupport@barclays.com
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
Barclays Asset Management Limited is a company registered in London and is part of the wider Barclays group. Companies House records classify its business activity as financial intermediation, with an industry tag of wealth, asset and investment management. The supplied website evidence relates to Barclays Bank UK PLC's general personal banking services, including current accounts, mortgages, loans, credit cards, savings and investment products, rather than to this specific entity's own operations. No further detail about this particular company's distinct trading activities, services or clients is available in the evidence provided, though its classification suggests a role within the group's wealth and investment management functions.
Generated from the company's website and Companies House records. Sources: barclays.co.uk