EE LIMITED

Company number: 02382161

Reporting period:
1 April 2018 to 30 September 2018

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This report was filed on 30 October 2018

and approved by Stephen Harris

Payment statistics

Average time taken to pay invoices: 42 days

Invoices paid:

• within 30 days: 48%
• in 31 to 60 days: 20%
• in 61 days or more: 32%

Invoices due but not paid within agreed terms: 12%

Payment terms

Shortest standard payment periods

90 days

Longest standard payment period

Answer not provided

Standard payment terms

EE standard payment terms for contracted suppliers are 90 days from receipt of a valid invoice. Some suppliers have mutually agreed non standard longer terms (maximum 180 days) and others have agreed shorter non standard terms (e.g. Government contracts on 30 days).

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

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

180 days

A small number of suppliers in specialist industry categories e.g. devices, have mutually agreed to longer non standard payment terms than EE standard payment terms (90 days).

Any other information about payment terms

Intercompany payments are excluded from the reported results.  Financial Services suppliers are included in the DTR calculation, and there is minimal impact on the results from their inclusion Unpaid invoices outstanding are not included in the figures as they will not materially alter the results The agreed payment terms includes the period between the original system due date, and the next available payment run, dictated by the pay group. We offer Supplier Finance Facility to most suppliers. Refer https://groupextranet.bt.com/selling2bt/articles/accounts_payable/supplier_finance.html

Dispute resolution process

https://groupextranet.bt.com/selling2bt/accounts_payable.html (Link to BT Payment Practices) BT Group including EE have standard dispute resolution process across all suppliers payments. First point of contact is Accounts Payable, through contact points on website see link.

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.

Yes

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