UK PROGRAMME DISTRIBUTION LIMITED
Company number: 03323782
Reporting period:
1 April 2018
to 30 September 2018
This report was filed on 19 October 2018
and approved by Tom Fussell
Payment statistics
Average time taken to pay invoices: 20 days
Invoices paid:
- within 30 days: 100%
- in 31 to 60 days: 0%
- in 61 days or more: 0%
Invoices due but not paid within agreed terms: 0 %
Payment terms
Standard payment period for qualifying contracts
20 days
Standard payment terms
20 days from invoice date
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
20 days
Any other information about payment terms
N/A
Dispute resolution process
Suppliers disputing payment of invoices are advised to email or phone the BBC's business process outsource provider (IBM) accounts payables helpdesk where the call is logged and either resolved or passed onto the Accounts Payables team for resolution. There is also an escalation point (within the BBC) for those suppliers not satisfied with the progress of the relevant dispute.
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