AFC BOURNEMOUTH LIMITED
Company number: 06632170
Reporting period:
1 July 2017 to 31 December 2017
Report filed on:
26 January 2018
Approved by:
Neill Blake
Payment statistics
Average time taken to pay invoices: 16 days
Invoices paid:
- within 30 days: 79%
- in 31 to 60 days: 20%
- in 61 days or more: 1%
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
Answer not provided
Standard payment terms
Standard payment terms are at the end of the week following 30 days from receipt of a valid VAT invoice from the supplier. Significant contracts including those for player transfers and related transactions are subject to specific payment terms as set out in and agreed in the applicable contract.
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
36 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Suppliers are advised to contact the member of staff who they dealt with initially, or the Accounts team. Any dispute that cannot be resolved in this way are passed up to the Finance Director and thereafter if still unresolved, a member of the Board.
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