| 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 2019 - 30 Sept 2019 | 30 Oct 2019 | 30 | 100% | 0% | 0% | 0% |
| 01 Apr 2018 - 31 Mar 2019 | 30 Oct 2019 | 30 | 100% | 0% | 0% | 0% |
| 01 Apr 2017 - 31 Mar 2018 | 04 Mar 2019 | 30 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Company uses standard payment terms ranging from 7 to 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
30
Any complaints/concerns will be considered by finance and a response will be provided in usual timescales and resolved.
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.
❌
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
Bharat Forge International Limited is a UK-registered company based in Brentford, forming part of the Bharat Forge group, whose parent, Bharat Forge Limited, is an Indian forging and engineering company founded in 1960. The wider group manufactures forged and machined metal components used across automotive, railway, aerospace, marine, oil and gas, power, construction and mining sectors, operating design, tooling, forging, machining and testing facilities alongside numerous international subsidiaries. This UK entity's own registered activity is recorded as wholesale of motor vehicle parts and accessories, reflecting its function as part of the group's international trading and distribution structure rather than as a manufacturing site in its own right.
Generated from the company's website and Companies House records. Sources: bharatforge.com