BÜHLER UK LIMITED
Company number: 00434274
Reporting period:
1 January 2021 to 30 June 2021
Report filed on:
29 July 2021
Approved by:
Claudia Gossweiler
Payment statistics
Average time taken to pay invoices: 35 days
Invoices paid:
- within 30 days: 45%
- in 31 to 60 days: 50%
- in 61 days or more: 5%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 1%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
60 days
Standard payment terms
Buhler UK ltd has several different payment terms with
our suppliers. The shortest payment term is
immediate and the longest payment term is 60
days end of month. This is dependent on the
type of supply. Immediate terms usually apply
to one off suppliers where we need to order
specific parts in a short space of time and for
Freight invoices where we have been charged
for VAT and duty. Usual standard term is 30
days as this is our most frequent term. We also
have 14 day payment terms which would apply
to services that are used frequently for flights
and hotel bookings.
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
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Supplier invoice disputes are handled by the accounts payables team with support from the purchasing team. The supplier will be
contacted after receipt of invoice to clarify the disputable invoice.
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.
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