THE CHURCH OF JESUS CHRIST OF LATTERDAY SAINTS GREAT BRITAIN
Company Information
- Company Number
- 00699764
- Registered Address
- Building 3a Suite 100 Glory Park Avenue, Wooburn Green, High Wycombe, England, HP10 0DF
- Status
- Active
- Employee Count
- 227.0
- Turnover
- 51092000.0
- EBITDA
- 4688000.0
Additional Details
- Website
- https://ldschurch.org.uk
- Company Type
- Private unlimited company
- Incorporated On
- 1 August 1961
- Nature of Business
- 94910 - Activities of religious organisations
- Industries
- 0
- Region
- South East
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 19 | 87% | 8% | 5% | 13% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 15 | 90% | 7% | 3% | 10% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 22 | 80% | 15% | 5% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 19 | 83% | 13% | 4% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 21 | 81% | 14% | 5% | 19% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | 20 | 83% | 12% | 5% | 17% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 22 | 80% | 14% | 6% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 08 Jul 2020 | 19 | 83% | 13% | 4% | 17% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 19 | 82% | 14% | 3% | 17% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 16 | 89% | 9% | 2% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 15 | 92% | 6% | 2% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 14 | 93% | 5% | 2% | 7% |
Company Summary
The Church of Jesus Christ of Latter-day Saints (Great Britain) is a religious organization that follows the teachings of Jesus Christ
It is a worldwide church with a significant presence in Great Britain
The church focuses on helping individuals and families to build strong relationships with God and their communities
The church offers a variety of activities, programs, and services to its members, as well as the wider community
These include weekly worship services, youth groups, family history research, and humanitarian aid projects
The church also has an emphasis on sustainability and encourages its members to be responsible stewards of the earth
This includes promoting recycling, conserving energy and resources, and reducing waste
One of the ways the church promotes sustainability is through its humanitarian aid program
This program provides disaster relief, clean water initiatives, and other projects to help those in need around the world
The church also has an extensive welfare program that assists individuals and families in times of need
The key people in the Church of Jesus Christ of Latter-day Saints (Great Britain) include local leaders, known as bishops, who oversee the spiritual and temporal welfare of their congregations
The church also has a global leadership structure, with a prophet and apostles who guide and direct the church's teachings and policies
The church's website (www.churchofjesuschrist.org) provides information about its beliefs, programs, and services
It also has a search tool to help individuals locate a nearby congregation
The registered office address for the Church of Jesus Christ of Latter-day Saints (Great Britain) is 10 New Square, London WC1A 2QG, United Kingdom
In summary, the Church of Jesus Christ of Latter-day Saints (Great Britain) is a religious organization that promotes strong relationships with God and communities through its activities, programs, and services
It also has a focus on sustainability and helping those in need through its humanitarian aid and welfare programs
The church's website and registered office address provide easy access to information and resources for those interested in learning more about the church
Company Review
Trend Analysis
The average time taken for THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (GREAT BRITAIN) to pay invoices to suppliers has fluctuated over the past three periods, with a slight increase in the past two periods. However, the overall trend is relatively stable.
Volatility Analysis
The volatility of the company's payment behavior can be seen in the changes in the percentage of invoices paid within 30 days and between 31 and 60 days. These percentages have varied significantly over the past three periods, indicating a degree of unpredictability in the company's payment practices.
Summary Analysis
From Jan 2018 to Jun 2023, THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (GREAT BRITAIN) has maintained an average time to pay of around 15 to 22 days. However, there has been a decrease in the percentage of invoices paid within 30 days, with an increase in the percentage of invoices paid between 31 and 60 days. The worst period for late payments was in the second half of 2020, where 6% of invoices were paid later than 60 days. The company has also consistently had a low percentage of invoices not paid within agreed terms, with the shortest standard payment period of 1 day.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Invoices from vendors offering payment terms are paid in the pay run prior to expiration of terms. Invoices from vendors not offering payment terms are paid in the first pay run occurring after 21 days following the date on which the invoice is received. There are generally two pay runs per week.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Any payment we have made outside our standard payment terms are generally due to discrepancies on invoice verses items. received or pricing issues that the purchasing department is working with the supplier to resolve before proceeding to pay the invoice.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Prior to paying any invoice, company policy is to compare the invoiced items and invoiced amount with the original quote or matching to items received. If there is a discrepancy on the invoice from what we would expect, the internal department who requested the order will dispute the charges directly with the vendor. The resolution will either be an additional shipment of the missing items or a credit note for the original invoice and re-issuing a new, corrected invoice (or a partial credit note for the items not received or billed incorrectly). It is also possible that after discussion with the vendor we come to an agreement to pay the invoice as it originally stood.
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.
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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