COREMONT PARTNERSHIP SERVICES LIMITED
Company number: BR015938
Reporting period:
1 October 2025 to 31 March 2026
Report filed on:
27 April 2026
Approved by:
Ben Conway-Hughes
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 30 days
Total value paid:
- within 30 days: £4,414,631 (26%)
- in 31 to 60 days: £8,483,883 (50%)
- in 61 days or more: £3,960,817 (23%)
Invoices paid:
- within 30 days: 63%
- in 31 to 60 days: 28%
- in 61 days or more: 9%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £5,046,420
- payments due in the reporting period which have not been paid within the agreed period: 5%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
60 days
Standard payment terms
The standard payment terms of the reporting entity are 30 days from the date of invoice. Payment is due within 30 days of receipt of a valid invoice unless alternative terms have been agreed in writing with the supplier. The reporting entity does not offer supply chain finance arrangements. The reporting entity has not changed its standard payment terms during the reporting period.
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
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
In the event of a dispute relating to an invoice, the reporting entity will notify the supplier in writing, setting out the nature of the dispute and the amount in question. The reporting entity will use reasonable endeavours to resolve any dispute promptly and in good faith through direct negotiation with the supplier. Any undisputed portion of an invoice will continue to be paid in accordance with the agreed payment terms. Where a dispute cannot be resolved through direct negotiation, either party may refer the matter to mediation or, failing that, to the courts of the applicable jurisdiction. The existence of a dispute does not entitle the reporting entity to withhold payment of amounts that are not in dispute.
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