ARRIS GLOBAL LTD.
Company number: 01672847
Reporting period:
1 July 2021 to 31 December 2021
Report filed on:
24 January 2022
Approved by:
Alisdair Saunders Lamb MORE
Payment statistics
Average time taken to pay invoices: 52 days
Invoices paid:
- within 30 days: 12%
- in 31 to 60 days: 67%
- in 61 days or more: 21%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 12%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
495 days
Standard payment terms
ARRIS Global Ltd. is one of the main trading entities for the international markets of Commscope. ARRIS Global Ltd.'s standard payment terms are generally the starting point for supplier negotiations, and vary depending on the supplier, the negotiation and the circumstances (eg. Leases are immediate). Overall, ARRIS Global Ltd.'s standard payment term is 60 days.
Were there any changes to the standard payment terms in the reporting period?
Payment terms of ARRIS Global Ltd. suppliers can change for various reasons such as new negotiations, new contracts, an acquisition or a merger of common suppliers, and alignment of vendor payment terms for all sites under a parent supplier.
Were suppliers notified or consulted about these changes before they were made?
ARRIS Global Ltd. always involves its suppliers in the course of changing their payment terms and all changes are documented.
Maximum contractual payment period agreed
180 days
No further comment provided
Any other information about payment terms
N/A
Dispute resolution process
ARRIS Global Ltd. endeavours to resolve all disputes in a fair and timely manner. Disputes are resolved by discussion and agreement with a supplier and are typically managed by dedicated accounts payable team with support from the in-house legal team if required.
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.
Yes
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