| 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 Mar 2019 - 31 Aug 2019 | 26 Nov 2019 | 23 | 79% | 17% | 4% | 20% |
| 01 Sept 2018 - 28 Feb 2019 | 17 Jul 2019 | 25 | 80% | 16% | 4% | 12% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 23 | 79% | 15% | 6% | 70% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Clayesmore agrees payment terms with every supplier. Payment terms range from payment on receipt of invoice from small local suppliers, to a maximum of 60 day terms with payment being end of month following.
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
Clayesmore's Purchasing Department initially handles any invoice dispute, on behalf of the authorised purchaser. If unresolved by Purchasing within a reasonable period of time, the dispute is escalated to the Head of Finance or onwards to the Director of Finance & Operations.
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
Clayesmore School is an independent, co-educational day and boarding school in Iwerne Minster, Dorset, teaching from Nursery through to Sixth Form. Founded in 1896, it sits on a 62-acre campus and provides education, boarding and pastoral care for pupils aged from a few months to eighteen years. The school offers a distinct programme of personal development delivered alongside its academic curriculum, plus co-curricular activities including sport. It is registered as a charity and is part of the Inspired Learning Group. The company on record, incorporated in 1940, is the registered entity operating the school under the Clayesmore name.
Generated from the company's website and Companies House records. Sources: clayesmore.com · clayesmore.com · clayesmore.com