UK PROGRAMME DISTRIBUTION LIMITED

Company number: 03323782

Reporting period:
1 October 2018 to 31 March 2019

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This report was filed on 18 April 2019

and approved by Tom Fussell

Payment statistics

Average time taken to pay invoices: 20 days

Invoices paid:

• within 30 days: 100%

Invoices due but not paid within agreed terms: 0%

Payment terms

Shortest standard payment periods

0 days

Longest standard payment period

Answer not provided

Standard payment terms

Invoices are paid 20 days later than the invoice is dated. An invoice dated 1/3/19 would be paid on 21/3/19

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

20 days

No further comment provided

Any other information about payment terms

N/A

Dispute resolution process

Vendors are directed towards the AP helpdesk manned by IBM (BBC Studios' business process outsource provider with phone/online chat/email helpdesk options available) who will investigate any disputes or complaints raised by the vendor. If resolution of their dispute or complaint is not satisfactory there is a further escalation process which suppliers can email and this will be investigated and resolved by a member of the BBC Studios Finance team.

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