Score of 85.53/100 qualifies for PaymentCheck Certification
| 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 2022 - 31 Dec 2022 | 30 Jan 2023 | 27 | 73% | 27% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 27 | 83% | 11% | 6% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 31 | 74% | 22% | 4% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 19 Jul 2021 | 27 | 80% | 19% | 1% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 26 | 80% | 19% | 1% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 26 | 79% | 21% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 31 | 72% | 26% | 2% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 30 | 81% | 18% | 1% | 2% |
| 01 Jul 2018 - 31 Dec 2018 | 15 Jan 2019 | 17 | 81% | 19% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Jul 2018 | 19 | 75% | 25% | 0% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our Standard Payment Terms are 60 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
In the event of an invoice is being disputed, payment will be withheld until the dispute is resolved. The Accounts Payable team shall first attempt to resolve the dispute with the supplier. Supplier may be required to provide missing information or update the invoice. If Accounts Payable team cannot resolve the dispute, the issue is then escalated to an appointed business handler who are then responsible for resolving any issues.
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
Huawei Global Finance (UK) Limited is a UK-registered private limited company, incorporated in September 2014 and based in London. Its name indicates a finance-related function within the wider Huawei group, and its registered nature of business is classified as other business support service activities. Companies House records show no operational website or further description of its trading activities, and its officers are associated with the Huawei group's UK operations. As a group finance entity, it appears to support broader Huawei corporate activities rather than trade independently in the market. No further detail on specific services, client base, or financial scale is available from the evidence supplied.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · lei.bloomberg.com