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Company number: 04251409

Reporting period:
1 January 2022 to 30 June 2022

Warning This information is as reported by the business, and responses are in their own words.

This report was filed on 28 July 2022

and approved by Rachel Anne Patton

Payment statistics

Average time taken to pay invoices: 22 days

Invoices paid:

Invoices due but not paid within agreed terms: 22 %

Payment terms

Shortest standard payment period

14 days

Longest standard payment period

42 days

Standard payment terms

30 days from Invoice date unless invoice was provided incorrectly then we go from 30 days from the date we received the corrected invoice.

Were there any changes to the standard payment terms in the reporting period?


Maximum contractual payment period agreed

30 days

Any other information about payment terms


Dispute resolution process

Upon placing an order with our supplier we send them a purchase order, this mentions the correct way of providing BDL with their invoice to ensure a smooth payment process and timely payment.
If an invoice is incorrectly set up or provided to wrong e-mail inbox we send a response with below text.
Dear Sir Madam,

We would like to inform you on the intended changes to be implemented in the BritNed Development Limited (BDL) Accounts Payable (AP) Process.

First time supply of your Sales Invoice.
A newly introduced recognition software will pick up your sales invoices and add them to
the BDL Accounts Payable Process.
The below mentioned email Address has been selected for new pdf invoices only.

We ask you keep sending your future invoices to this email address.
Keeping in mind these few simple guidelines to ensure a smoot AP Process.
- in PDF format
- multiple invoices in separate pdf files can be provided to this email address in one email.
- invoice and its attachments need to be combined however before you provide them.
- Invoice will have to mention your companies bank details
- Invoice should always mention the correct BDL Purchase order number, please get in touch with your BDL OPS contact to obtain it.

Any other contact with BDL Finance Department.

When you have any other reason to contact the BDL Financial Department, for instance to:
- inquire about a payment date (pre or post reminder),
- or to provide us with additional information,
- or when you wish to resend an invoice,
- or any other possible reason.

Please send that email/document to:

We kindly request to add the second email address to your customer details and help us optimize our AP process.

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.


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.


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.


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?


During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?