| 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 2018 - 30 Sept 2018 | 29 Oct 2018 | 33 | 34% | 50% | 16% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We have standard payment terms of 30 days from date of invoice for UK suppliers and 60 days fro suppliers abroad
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No
Maximum contractual payment period agreed
30
In any kind of invoice dispute the first point of contact is our Cash & Credit Manager, her contact details are claire.walsh@bt.com, Telephone: 0161 741 2262. Claire would speak to relevant departments and help and aid the process of invoice disputes.
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
BRITISH CABLES COMPANY LIMITED is an active private limited company, incorporated on 25 June 2012, based in the North West region. Registered business activity: Manufacture of other electronic and electric wires and cables.
From Companies House records.