Score of 92.7/100 qualifies for PaymentCheck Certification
| 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 Aug 2020 - 31 Jan 2021 | 26 Feb 2021 | 20 | 92% | 2% | 5% | 8% |
| 01 Feb 2020 - 31 Jul 2020 | 14 Oct 2020 | 17 | 95% | 3% | 2% | 10% |
| 01 Aug 2019 - 31 Jan 2020 | 02 Mar 2020 | 21 | 90% | 5% | 5% | 7% |
| 01 Feb 2019 - 31 Jul 2019 | 09 Oct 2019 | 23 | 92% | 5% | 3% | 8% |
| 01 Feb 2018 - 31 Jul 2018 | 03 Sept 2018 | 19 | 96% | 4% | 0% | 10% |
| 01 Aug 2017 - 31 Jan 2018 | 27 Feb 2018 | 19 | 90% | 8% | 2% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company's standard payment terms are to pay invoices by the end of the month following the month in which the invoice is dated; or if earlier, the payment due date as specified in the supply contract between the company and the supplier. Major contracts, including those for player transfers, are generally subject to specific payment terms.
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
60
Any dispute about invoice payment that cannot be resolved with the company's Accounts Payable team is initially escalated to the Chief Financial Officer. Ultimately any dispute which cannot be resolved after following this due process may be escalated to the Board of Directors.
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
The Swansea City Association Football Club Limited is the company behind Swansea City AFC, a professional football club based in Wales. Companies House records list its nature of business as activities of sport clubs, covering the running of a professional football team and associated sporting events. The company was incorporated in 1912 and remains active. It operates from its home stadium in Swansea, where the club plays its fixtures. As a sports club entity, its core activity is organising and participating in football competitions rather than any other commercial trade.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk