The NATIONAL COUNCIL OF YOUNG MEN'S CHRISTIAN ASSOCIATIONS consistently demonstrates prompt payment behavior, averaging just 18 days per invoice. A substantial 82% of payments are settled within 30 days, indicating a strong and reliable trend of timely disbursements for the majority of transactions.
Despite the low average payment time, 22% of payments are classified as late, with 14% extending to 31-60 days and 4% exceeding 60 days. This introduces a moderate level of volatility and unpredictability for a segment of invoices, posing a potential cash flow risk for suppliers requiring strict payment schedules.
Overall, this client presents a generally favorable payment profile with a commendable average payment time for most transactions. Suppliers should be prepared for a moderate risk of delays affecting a minority of invoices (up to 22%), potentially requiring additional follow-up for payments extending beyond 30 days. Implementing clear payment terms and monitoring outstanding invoices closely will be key for managing potential cash flow impacts.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2019 - 30 Sept 2019 | 20 Nov 2019 | 18 | 82% | 14% | 4% | 22% |
| 01 Oct 2018 - 31 Mar 2019 | 07 May 2019 | 16 | 88% | 10% | 2% | 10% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 15 | 88% | 8% | 4% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment is made on the suppliers terms of business. Where this is not stated it is assumed to be 30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
365
Disputes for late payment normally arise due to a query on the supplier invoice which is resolved by discussion with the supplier. If the supplier disputes the payment then this is escalated to senior staff to review.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
NATIONAL COUNCIL OF YOUNG MEN'S CHRISTIAN ASSOCIATIONS(INCORPORATED)(THE) functions as a national council for Young Men's Christian Associations. As a private company limited by guarantee without share capital, its structure signifies a non-profit or charitable organisation focused on its objectives rather than shareholder returns.
This active company was incorporated on 16 May 1902 under company number 00073749. Its registered office is situated at 10-11 Charterhouse Square, London, England, EC1M 6EH.
Organisations established as private companies limited by guarantee without share capital commonly deliver services related to social welfare, education, or community development within the UK market. They typically operate to achieve specific objectives that benefit a defined group or the wider public, rather than distributing profits to shareholders.