Company number: 00670176
and approved by Keith Adey
Average time taken to pay invoices: 23 days
Invoices paid:
Invoices due but not paid within agreed terms: 35%
7 days
60 days
Subcontractors – subcontractors are required to make applications for payment within the applicable applications window. Subcontractors may make bi-monthly or monthly applications for payment as set out in the order. Where no frequency of applications is set out in the order, the subcontractor may only make monthly applications for payment. When the application for payment is received within the application window, payment will be made within 30 days of the date of receipt of the application. Suppliers/consultants – Payment of each invoice is either: • at the end of the calendar month after the month during which the relevant and properly prepared and submitted invoice is received by Bellway; or • 30 days from receipt by Bellway of a valid and properly submitted VAT invoice.
Answer not provided
N/A
60 days
No further comment provided
N/A
When there are queries or if a dispute arises between the parties, Bellway will attempt to resolve them as soon as possible with the other party. If a dispute is not being resolved in a timely manner this will be escalated by Bellway to ensure a fair resolution is achieved.
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
Yes, this business has signed up to: Prompt Payment Code
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
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
No
No