Score of 88.4/100 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 20 | 82% | 18% | 0% | 12% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 23 | 70% | 30% | 0% | 19% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 14 | 93% | 7% | 0% | 13% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 14 | 97% | 3% | 0% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 12 | 97% | 2% | 1% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 13 | 97% | 2% | 1% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 16 | 97% | 1% | 2% | 18% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 14 | 95% | 4% | 1% | 10% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 8 | 88% | 11% | 1% | 22% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 13 | 86% | 12% | 2% | 23% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 25 | 67% | 25% | 8% | 42% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 26 | 63% | 31% | 6% | 47% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms vary depending on the type of supplier. 2nd tier and transport suppliers are typically on 14 day terms whereas other suppliers are 30-60 day terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The company operates a mid month and end of month. Invoices will be paid on the next payment run after falling due.
Maximum contractual payment period agreed
60
Disputes are resolved on a case by case basis by the purchase ledger team with input from the appropriate approving manager.
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
BRIGHTWORK LIMITED is a leading company in the field of sustainability, offering a range of products and services to help businesses and individuals reduce their environmental impact. The company was founded in 2005 and is based in London, with a registered office address at 25 Threadneedle Street, London EC2R 8AY.
The company's sustainability program is at the heart of its business, with a mission to create a more sustainable future for all. BRIGHTWORK LIMITED offers consulting services to businesses, helping them develop and implement sustainable practices, reduce waste and increase efficiency. They also offer training and workshops to educate individuals on sustainable living and provide guidance on how to incorporate it into their daily lives.
One of the key people behind BRIGHTWORK LIMITED is its founder and CEO, Sarah Jones, who has a passion for sustainability and has been recognized for her work in the field. The company also has a team of experienced sustainability experts who work closely with clients to develop tailored solutions.
BRIGHTWORK LIMITED offers a range of sustainable products, including eco-friendly cleaning and personal care products, as well as reusable and biodegradable packaging options. They also partner with other sustainable businesses to offer a wider range of environmentally-friendly products.
The company is committed to its own sustainability practices, using renewable energy sources and implementing waste reduction measures in their operations. They also have a strong focus on giving back to the community through various charitable initiatives.
To learn more about BRIGHTWORK LIMITED and their sustainability efforts, visit their website at www.brightwork.co.uk or contact them at info@brightwork.co.uk. With their dedication to sustainability and their innovative products and services, BRIGHTWORK LIMITED is making a positive impact on the environment and helping to create a more sustainable world.
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