| 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 2018 - 31 Dec 2018 | 28 Jan 2019 | 27 | 77% | 4% | 19% | 44% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 16 | 67% | 18% | 15% | 48% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most frequently used payment terms are 30 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
60
All queries and disputes relating to payments are handled by our accounts payable teams. When opening an account with a supplier, we issue the supplier with the contact email address of their accounts payable contact. In the first instance, the supplier should contact their accounts payable contact via this email. The accounts payable contact would aim to deal promptly with the dispute.
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
Robert Bosch UK Holdings Limited is a UK-registered company whose stated business activity is 'activities of head offices', indicating it functions as a holding entity within the wider Bosch Group. The Bosch Group, described on its UK site as 'invented for life', operates across mobility, home products, and industry and trades, offering products and services in vehicle technology, home appliances, power tools, heating and climate systems, and industrial automation. This entity itself does not appear to trade directly with customers but sits within the corporate structure supporting Bosch's UK and Ireland operations. It was incorporated in 2010 and remains active, with its registered office in Denham, Buckinghamshire.
Generated from the company's website and Companies House records. Sources: bosch.co.uk · bosch.co.uk