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NATIONAL FOOTBALL CENTRE LIMITED

Company number: 02523346

Reporting period:
1 February 2021 to 31 July 2021

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

This report was filed on 16 August 2021

and approved by mark burrows

Payment statistics

Average time taken to pay invoices: 31 days

Invoices paid:

• within 30 days: 47%
• in 31 to 60 days: 52%
• in 61 days or more: 1%

Invoices due but not paid within agreed terms: 1 %

Payment terms

Standard payment period for qualifying contracts

30 days

Standard payment terms

i. the business’ standard payment terms including:
a) the standard contractual length of time for payment of invoices Shortest: 30 days; longest: 60 days
The Company’s standard payment terms are that invoices are paid at the end of the month following the month of delivery of the invoice to the Company.

Certain significant contracts will be subject to specific payment terms as set out in and agree in the applicable contract

Were there any changes to the standard payment terms in the reporting period?

No

Maximum contractual payment period agreed

60 days

Any other information about payment terms

N/A

Dispute resolution process

Any disputes are resolved between the Supplier and the Business in conjunction with the Finance Department. Any dispute that cannot be resolved may be referred to the Company’s legal counsel.

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

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