CPFC LIMITED
Company number: 07270793
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
2 February 2026
Approved by:
Richard Davidson
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? Yes
Payment statistics
Average time taken to pay invoices: 28 days
Total value paid:
- within 30 days: £34,387,527 (78%)
- in 31 to 60 days: £6,988,709 (16%)
- in 61 days or more: £2,770,542 (6%)
Invoices paid:
- within 30 days: 68%
- in 31 to 60 days: 28%
- in 61 days or more: 4%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £2,770,542
- payments due in the reporting period which have not been paid within the agreed period: 4%
- not made in the reporting period due to a dispute: 1%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
30 Days from invoice date
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
1,460 days
As a Football Club we have Player transfer agreements that have instalment plans spread over longer periods. The current longest agreement has a final payment due in July 2027, the original agreement was made in September 2023.
Any other information about payment terms
No further comment provided
Retention clauses
How does this business use retention clauses?
All construction contracts include retention clauses.
Does this business only use retention clauses in construction contracts above a specific contract sum?
No
Does this business use a standard percentage rate in retention clauses?
Yes: 5%
Does this business apply retention clause practices that are no more onerous than those applied to it on the same project?
Yes:
We do not have clients/customers relating to our contruction contracts
Releasing money under a retention clause
Process for releasing money this business has deducted or retained under a retention clause
Procurement manager confirms with our quantity surveyor and Chief Operating Officer and/or CEO if works have been complete and to the standard before informing accounts payable
Is the money released in stages?
Yes:
Depends on the contract agreed (it can be speficic dates agreed with each supplier or when certain project milestones have been reached/completed
Amount retained from suppliers in the reporting period
Amount retained stated as a percentage of the money retained from this business by its clients
100%
Amount retained stated as a percentage of the total construction payments made by this business
5%
Dispute resolution process
We require all invoices to be sent to our specified email address with a valid PO number.
If an invoice does not have a valid PO then the invoice is returned to the company until they have received one, this is to be clearly stated on the invoice.
If there is a query with the invoice it will not be processed for payment until the issue has been resolved. If the problem is with the supplier we will request a new invoice. If it is our issue we will endeavour to process payment as quickly as possible.
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 Fair 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.
No
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