GOV.UK
BCA VEHICLE SERVICES LIMITED
Company number: 04031608
Reporting period:
30 September 2019
to 29 March 2020
This report was filed on 28 April 2020
and approved by Steve Tallon
Payment statistics
Average time taken to pay invoices: 35 days
Invoices paid:
- within 30 days: 39%
- in 31 to 60 days: 56%
- in 61 days or more: 5%
Invoices due but not paid within agreed terms: 61 %
Payment terms
Shortest standard payment period
0 days
Longest standard payment period
90 days
Standard payment terms
Standard payment terms are 30 days end of month. Payment terms with specific suppliers may vary from immediate payment up to net 75, dependant on the underlying good or service.
The Company makes payments on a weekly basis. As a result, payments may be received by the supplier shortly after the due date.
In order for payments to be made in line with payment terms, invoices must include the purchase order number, and all other required documents must also be provided.
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
Disputes should be raised in the first instance with the Accounts Payable (AP) team by telephone or e-mail. Queries will be considered and resolved by the AP team in the first instance, through discussion and agreement with 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.
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