COMMSCOPE CONNECTIVITY UK LIMITED
Company number: 03107702
Reporting period:
1 July 2022 to
31 December 2022
This report was filed on 30 January 2023
and approved by A More
Payment statistics
Average time taken to pay invoices: 51 days
Invoices paid:
- within 30 days: 29%
- in 31 to 60 days: 37%
- in 61 days or more: 34%
Invoices due but not paid within agreed terms: 66%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
90 days
Standard payment terms
60 days
Were there any changes to the standard payment terms in the reporting period?
Payment terms of CommScope Connectivity UK 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?
CommScope Connectivity UK Ltd. always involves its suppliers in the course of changing their payment terms and all changes are documented.
Maximum contractual payment period agreed
90 days
No further comment provided
Any other information about payment terms
Payment runs occur on the first and third week of the month.
Dispute resolution process
CommScope Connectivity UK 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