THE BLACKBURN ROVERS FOOTBALL AND ATHLETIC LIMITED
Company number: 00053482
Reporting period:
1 January 2018 to 30 June 2018
Report filed on:
30 July 2018
Approved by:
Mr S Waggott
Payment statistics
Average time taken to pay invoices: 42 days
Invoices paid:
- within 30 days: 24%
- in 31 to 60 days: 59%
- in 61 days or more: 17%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 55%
Payment terms
Shortest standard payment periods
28 days
Longest standard payment period
60 days
Standard payment terms
Standard payment terms are payable at the end of month in which the invoice was received, plus one month.
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
365 days
This is a football related transfer with the final staged payment 12 months after invoice. These payments terms are agreed between the clubs but the selling club will invoice all the transfer fee at the point of sale, rather than as and when the instalments are due. This is common practice in the Football industry.
Any other information about payment terms
n/a
Dispute resolution process
Contact accounts department and explain issue. Buyer will contact supplier & advise of query. Resolve with buyer or accounts dept. Aim to sort queries within as small a timeframe as possible no set period as all queries differ.
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