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BT GLOBAL SERVICES LIMITED

Company number: 02410810

Reporting period:
1 April 2024 to 30 September 2024


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

This report was filed on 30 October 2024

and approved by Adam Pfleger

Payment statistics

Average time taken to pay invoices: 45 days

Invoices paid:

  • within 30 days: 43%
  • in 31 to 60 days: 50%
  • in 61 days or more: 7%

Invoices due but not paid within agreed terms: 23%

Payment terms

Shortest standard payment periods

30 days

Longest standard payment period

42 days

Standard payment terms

BT Global Services Ltd standard payment terms for contracted suppliers are 30 days for smaller suppliers and 42 days for larger suppliers. Some suppliers have mutually agreed non-standard longer terms (maximum 60 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

60 days

No further comment provided

Any other information about payment terms

BT Global Services Ltd operates weekly payment run frequencies.

Dispute resolution process

BT Group have a standard dispute resolution process across all suppliers payments. First point of contact is Accounts Payable, through contact points on website see link.https://groupextranet.bt.com/selling2bt/accounts_payable.html

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