BNP PARIBAS REAL ESTATE ADVISORY & PROPERTY MANAGEMENT UK LIMITED
Company number: 04176965
Reporting period:
1 January 2018 to
30 June 2018
This report was filed on 31 July 2018
and approved by Andy Martin
Payment statistics
Average time taken to pay invoices: 41 days
Invoices paid:
- within 30 days: 41%
- in 31 to 60 days: 44%
- in 61 days or more: 15%
Invoices due but not paid within agreed terms: 4%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
60 days
Standard payment terms
BNP Paribas Real Estate’s default payment terms are 60 days or 30 days depending upon the types of goods or services acquired.
Were there any changes to the standard payment terms in the reporting period?
Answer not provided
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No further comment provided
Any other information about payment terms
N/A
Dispute resolution process
BNP Paribas Real Estate’s standard terms provide for disputes to be determined by the courts of England & Wales.
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 Prompt 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.
No
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