THE LIVERPOOL FOOTBALL CLUB AND ATHLETIC GROUNDS LIMITED
Company number: 00035668
Reporting period:
1 June 2024 to 30 November 2024
Report filed on:
10 January 2025
Approved by:
Andy Hughes
Payment statistics
Average time taken to pay invoices: 30 days
Invoices paid:
- within 30 days: 60%
- in 31 to 60 days: 35%
- in 61 days or more: 5%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 5%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
60 days
Standard payment terms
On the last working day of the month following the month of receipt of a valid VAT invoice from the supplier.
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
N/A
Any other information about payment terms
No further comment provided
Dispute resolution process
The supplier is advised to contact the Purchase Ledger Department via a dedicated email address or telephone number for all payment and transactional disputes. A member of the team will respond to all emails received within 24 hours. If the query cannot be resolved this will either be escalated to the relative department or to Senior Management for further action.
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