NATIONAL FOOTBALL CENTRE LIMITED
Company number: 02523346
Reporting period:
1 February 2018
to 31 July 2018
This report was filed on 23 August 2018
and approved by MARK BURROWS
Payment statistics
Average time taken to pay invoices: 26 days
Invoices paid:
- within 30 days: 75%
- in 31 to 60 days: 24%
- in 61 days or more: 1%
Invoices due but not paid within agreed terms: 2 %
Payment terms
Shortest standard payment period
30 days
Longest standard payment period
60 days
Standard payment terms
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.
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
Certain significant contracts will be subject to specific payment terms as set out in and agree in the applicable contract
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 council
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