Company number: 05377252
and approved by David Seabridge
Average time taken to pay invoices: 34 days
Invoices paid:
Invoices due but not paid within agreed terms: 16%
5 days
60 days
Standard payment terms are either 30 days or 45 days end of month following the invoice date. Payment terms outside of standard terms may be agreed if this provides mutual commercial benefit. The Company makes payments on a weekly basis. As a result, payments may be received by the supplier shortly after the due date. If a payment falls due on a bank holiday or weekend, payments will be issued in the next payment cycle. For contracted labour, payments are made on 14 day terms due to nature of the service provided. There are a number of suppliers who are paid by regular direct debit.
Answer not provided
N/A
60 days
No further comment provided
N/A
Disputes should be raised in the first instance with the Accounts Payable team by email to BCAFS.PurchaseLedger@bca.com. The team will investigate within 5 working days and a response will then be issued to the supplier. Should this team be unable to resolve a dispute, they would refer to the supplier’s applicable contract, which will inform the procedure to be followed to resolve a dispute. Although the Company aims to resolve queries with suppliers in a timely manner, the actual timescale for resolution will vary depending on the underlying query.
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.
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
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
No
No