BEW ELECTRICAL DISTRIBUTORS LIMITED
Company number: 01703444
Reporting period:
1 May 2025 to 30 April 2026
Report filed on:
6 October 2026
Approved by:
David Shirt
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 64 days
Total value paid:
- within 30 days: £13,782,323 (10%)
- in 31 to 60 days: £53,323,128 (38%)
- in 61 days or more: £73,662,351 (52%)
Invoices paid:
- within 30 days: 5%
- in 31 to 60 days: 36%
- in 61 days or more: 59%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £10,702,922
- payments due in the reporting period which have not been paid within the agreed period: 5%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
120 days
Standard payment terms
Standard payment terms vary by supplier and contract. Payments may be due immediately or within 7, 10, 14, 15, 20, 21, 25, 28, 30 or 60 days of invoice receipt. The Agathos system also contains month-based supplier terms of up to four months. The applicable period is agreed with the supplier and recorded in the relevant supplier or contract terms.
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
The maximum period applies only where a four-month supplier term has been contractually agreed in the Agathos system. Most Sage transactions use terms of 30 days or fewer, with a small number at 60 days. The contractual term for each supplier takes precedence.
Any other information about payment terms
Payment periods vary by supplier and contractual arrangement. Immediate, short-day, 30-day, 60-day and month-based terms are used. Payment performance is measured from receipt of the invoice or other notice of the amount due, in line with the reporting guidance.
Dispute resolution process
Any invoice or payment discrepancies are investigated with the supplier. Queries are raised directly with the supplier and payments may be withheld pending resolution. Where a credit is due, a debit note is raised and a corresponding credit note is obtained from the supplier. Once the dispute has been resolved, the invoice is processed for payment in accordance with agreed payment terms.
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