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COMMSCOPE CONNECTIVITY UK LIMITED

Company number: 03107702

Reporting period:
1 January 2024 to 30 June 2024


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

This report was filed on 27 July 2024

and approved by Alisdair More

Payment statistics

Average time taken to pay invoices: 59 days

Invoices paid:

  • within 30 days: 18%
  • in 31 to 60 days: 34%
  • in 61 days or more: 48%

Invoices due but not paid within agreed terms: 82%

Payment terms

Shortest standard payment periods

0 days

Longest standard payment period

105 days

Standard payment terms

CommScope Connectivity UK Ltd.'s standard payment terms are generally the starting point for supplier negotiations, and vary depending on the supplier, the negotiation and the circumstances (eg. Leases are immediate). Overall, CommScope Connectivity UK Ltd.'s standard payment term is 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. This sometimes results in payments being made a few days late.

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