BOX.COM (UK) LTD
Company number: 08097316
Reporting period:
1 August 2021 to 31 January 2022
Report filed on:
9 June 2022
Approved by:
Eliahu Berkovitch
Payment statistics
Average time taken to pay invoices: 34 days
Invoices paid:
- within 30 days: 51%
- in 31 to 60 days: 38%
- in 61 days or more: 12%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £0
- payments due in the reporting period which have not been paid within the agreed period: 12%
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
120 days
Standard payment terms
Standard payment terms are 60 days. Small businesses or sole traders have the opportunity to negotiate prepayments prior to contractual agreements.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
120 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
All EMEA disputes are handled and settled through a static AP mailbox (Ap.EMEA@box.com). Product/Service disputes can be settled through the purchaser. Alternatively the vendor can raise queries on our digital invoicing platform, assuming the vendor has elected to login and submit their own invoices. All invoices requiring manual processing must be sent to "INVOICES+EMEA@BOX.COUPAHOST.COM".
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
Yes
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No