FULHAM FOOTBALL CLUB LIMITED
Company number: 02114486
Reporting period:
1 July 2017 to 31 December 2017
Report filed on:
31 January 2018
Approved by:
Sean O'Loughlin
Payment statistics
Average time taken to pay invoices: 42 days
Invoices paid:
- within 30 days: 42%
- in 31 to 60 days: 44%
- in 61 days or more: 14%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £0
- payments due in the reporting period which have not been paid within the agreed period: 4%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
30 days from receipt of invoice
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
730 days
As we re a football club we have some transfer agreements that have agreed installments spread over longer periods. The current longest has the final payment due in August 2019 when the original agreement was made in August 2017
Any other information about payment terms
No further comment provided
Dispute resolution process
We require all invoices to be sent to our specified email address. Once they have been received they will be distributed to the correct department/approver. If there is a query with the invoice it will not be processed form payment until the issue has been resolved. If the problem is the suppliers fault we will request a new invoice, if it is ours we win endeavor 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.
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