GOV.UK
BROWN BROTHERS DISTRIBUTION LIMITED
Company number: 01438525
Reporting period:
1 July 2019
to 31 December 2019
This report was filed on 29 January 2020
and approved by David Heal
Payment statistics
Average time taken to pay invoices: 53 days
Invoices paid:
- within 30 days: 19%
- in 31 to 60 days: 53%
- in 61 days or more: 28%
Invoices due but not paid within agreed terms: 29 %
Payment terms
Shortest standard payment period
1 days
Longest standard payment period
90 days
Standard payment terms
All qualifying contracts can be categorised as follows;
Goods For Resale – 30 days from month end
(most frequently used payment term)
General Purchasing – 7 days from month end
(most frequently used payment term)
Services – 30 days from month end
(most frequently used payment term)
Intercompany – 30 days from month end
(most frequently used payment term)
Note :-
Std payment terms however do range within each category as based on individual agreements with suppliers and their payment terms.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
90 days
Any other information about payment terms
N/A
Dispute resolution process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. Our suppliers can contact AP department via email: bbdpayables@ppg.com and should receive reply within 2 working days. These contact details can be found on the purchase orders.
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
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