CLARION EVENTS LIMITED
Company Information
- Company Number
- 00454826
- Registered Address
- Bedford House, Fulham High Street, London, SW6 3JW
- Status
- Active
- Employee Count
- 240
- Turnover
- £51,219,000
- EBITDA
- -£11,100,000
Additional Details
- Website
- https://clarionevents.com/
- Company Type
- Private limited Company
- Incorporated On
- 1 June 1948
- Nature of Business
- 82301 - Activities of exhibition and fair organisers
- Industries
- Lifestyle And Entertainment
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows a general positive trend for CLARION EVENTS LIMITED in terms of payment times. The average time to pay has decreased from 44 in Feb 2018 to 35 in July 2021. Additionally, the percentage of invoices paid within 30 days has increased from 41% to 50% in the same time period. This indicates that the company has been improving their efficiency in paying suppliers on time.
Volatility Analysis
The data for CLARION EVENTS LIMITED shows a relatively stable trend with some fluctuation. The percentage of invoices paid within 30 days has ranged from 41% to 55%, with the most significant increase seen in the latest period (Feb 2021 - July 2021). The percentage of invoices paid later than 60 days has also fluctuated, ranging from 9% to 28%, with the highest percentage seen in the first period (Feb 2018 - July 2018).
Summary Analysis
From the data, it can be seen that CLARION EVENTS LIMITED has improved their payment times over the past three periods. The average time to pay has decreased from 44 days to 35 days, and the percentage of invoices paid within 30 days has increased from 41% to 50%. In the latest period (Feb 2021 - July 2021), the company has achieved the highest percentage of invoices paid within 30 days (55%) and the lowest percentage of invoices paid later than 60 days (9%). This shows a significant improvement in their payment efficiency.
Performance Reports History
| 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 Feb 2021 - 31 Jul 2021 | 04 Nov 2021 | 35 | 50% | 40% | 10% | 14% |
| 01 Aug 2020 - 31 Jan 2021 | 25 Feb 2021 | 35 | 55% | 36% | 9% | 14% |
| 01 Feb 2020 - 31 Jul 2020 | 27 Aug 2020 | 39 | 44% | 41% | 15% | 18% |
| 01 Aug 2019 - 31 Jan 2020 | 05 Mar 2020 | 36 | 49% | 38% | 13% | 18% |
| 01 Feb 2019 - 31 Jul 2019 | 19 Aug 2019 | 41 | 43% | 39% | 17% | 21% |
| 01 Aug 2018 - 31 Jan 2019 | 01 Mar 2019 | 46 | 44% | 33% | 23% | 30% |
| 01 Feb 2018 - 31 Jul 2018 | 06 Sept 2018 | 44 | 41% | 31% | 28% | 32% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
We disclose we pay contractors on 30 days payment terms, otherwise our standard terms are 60 days from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
We ask suppliers to contact our AP department to resolve and if a dispute continues this will be resolved internally and that we rarely experience disputes with our suppliers.
Other Payment Information
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.
❌
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.
❌
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
CLARION EVENTS LIMITED is a global event management company that organizes and manages a wide range of events across various industries. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes reducing waste, conserving energy, promoting sustainable transportation, and partnering with suppliers who share their values. They also support local communities and charities through their events and donate a portion of their profits to environmental causes.
The company offers a diverse range of products and services, including trade shows, conferences, and exhibitions. They cater to industries such as health and wellness, retail, security, and technology. Their events attract a diverse audience and provide a platform for businesses to connect, network, and showcase their products and services.
The key people behind CLARION EVENTS LIMITED are CEO Russell Wilcox and COO Andrew Evans. Both have extensive experience in the event management industry and are committed to driving the company's growth and sustainability efforts.
To get in touch with CLARION EVENTS LIMITED, one can visit their website at www.clarionevents.com or contact their registered office at Bedford House, 69-79 Fulham High Street, London, SW6 3JW. The company has a global presence with offices in the UK, US, Brazil, UAE, Singapore, and China.
