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Company number: 00948402

Reporting period:
1 July 2023 to 31 December 2023

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

This report was filed on 29 January 2024

and approved by M Scott

Payment statistics

Average time taken to pay invoices: 20 days

Invoices paid:

Invoices due but not paid within agreed terms: 24 %

Payment terms

Shortest standard payment period

7 days

Longest standard payment period

60 days

Standard payment terms

Purchase invoice payment terms
Wilson Bowden Developments Ltd’s standard supplier
payment terms are ’30 days EOM’, which requires payment to be made to the supplier on last day of the month following the one in which the invoice is dated.

If Wilson Bowden Developments Ltd has not been correctly invoiced, payment shall be made on the last Working Day of the month following the month in which Wilson Bowden Developments Ltd has been correctly invoiced.

Subcontract order payment terms
The Contractor shall be entitled to interim payments during the course of the Works either on a monthly or bimonthly basis as set out in the Order. In the event that the basis is not set out in the Order the interim payments shall be on a monthly basis.

Payment of any amount ascertained in accordance with the Contract under an Interim Application (if any) to the
Contractor shall become due 24 days after the Application Date ("Payment Due Date").

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


Maximum contractual payment period agreed

60 days

Any other information about payment terms


Dispute resolution process

If a dispute arises between the parties, the parties will attempt, in good faith, to reach settlement as soon as possible between the Wilson Bowden Contact and the Supplier Contact (who shall be authorised to settle
such a dispute).

This dispute resolution procedure will be followed prior to commencing any legal proceedings.

The Supplier agrees that it is only permitted to contact Wilson Bowden Contacts.

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?