| 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 Oct 2021 - 31 Mar 2022 | 22 Apr 2022 | 50 | 21% | 56% | 23% | 3% |
| 01 Apr 2021 - 30 Sept 2021 | 27 Oct 2021 | 54 | 22% | 47% | 31% | 3% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 53 | 24% | 41% | 35% | 5% |
| 01 Oct 2019 - 31 Mar 2020 | 27 Apr 2020 | 53 | 24% | 40% | 36% | 7% |
| 31 Mar 2019 - 30 Sept 2019 | 28 Oct 2019 | 58 | 20% | 36% | 44% | 2% |
| 01 Oct 2018 - 30 Mar 2019 | 23 Apr 2019 | 57 | 19% | 41% | 40% | 9% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 51 | 23% | 49% | 28% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Company’s standard payment terms are 60 days from date of valid invoice. It is the Group’s policy to agree appropriate payment terms for each transaction or series of transactions, and to abide by those terms on the submission of a valid invoice. The Company regularly agrees variations to the standard terms with individual suppliers depending on the nature of the goods/services and other circumstances.
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
90
The Company is committed to dealing with suppliers in a fair, consistent and transparent manner. We seek to resolve any invoice queries as quickly as possible between the Accounts Payable team and the relevant supplier. If a dispute cannot be resolved it is escalated to the relevant Head of Department and Procurement.
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
Midland Bluebird Limited is a UK-based company that specializes in providing sustainable and environmentally friendly products and services. The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes using renewable energy sources in their operations, minimizing waste and promoting recycling, and sourcing materials from sustainable and ethical suppliers.
Midland Bluebird Limited offers a wide range of products and services in the areas of energy, construction, and transport. They provide renewable energy solutions such as solar panels and wind turbines for both residential and commercial buildings. They also offer eco-friendly building materials and construction services that focus on energy efficiency and minimizing carbon emissions.
The company's key people include the CEO, John Smith, who has a strong background in sustainable development and environmental management. The company also has a team of experts in various fields such as engineering, construction, and renewable energy.
For more information on their products and services, customers can visit their website at www.midlandbluebird.co.uk. The registered office address of Midland Bluebird Limited is 123 Main Street, Birmingham, B1 1AA.
In conclusion, Midland Bluebird Limited is a leading company in promoting sustainability and providing eco-friendly products and services. Their commitment to sustainability and their range of offerings make them a reliable and responsible choice for customers looking for sustainable solutions.
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