TEARFUND

PaymentCheck Score 2025
92Excellent
4.9vs last year
#737 in UK
#33 in Software
#350 in London

Company Information

Company Number
00994339
Registered Address
100 Church Road, Teddington, Middlesex, TW11 8QE
Status
Active
Employee Count
893
Turnover
£80,238,000
EBITDA
£2,794,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
13 November 1970
Nature of Business
88990 - Other social work activities without accommodation not elsewhere classified
Industries
Software
Region
London

Time to Pay

Average Time to Pay
22 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
89%
31-60 Days
10%
After 60 Days
1%
Not Paid Within Terms14%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-04-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202529 Oct 20252193%7%0%9%
01 Oct 2024 - 31 Mar 202517 Apr 20252289%10%1%14%
01 Oct 2023 - 31 Mar 202425 Apr 20242985%11%4%19%
01 Apr 2023 - 30 Sept 202312 Oct 20233276%18%6%26%
01 Apr 2022 - 30 Sept 202217 Oct 20223080%11%9%32%
01 Oct 2021 - 31 Mar 202209 May 20222487%9%4%23%
01 Apr 2021 - 30 Sept 202121 Oct 20212486%11%3%25%
01 Oct 2020 - 31 Mar 202129 Apr 20212982%12%6%26%
01 Apr 2020 - 30 Sept 202020 Oct 20203072%20%8%42%
01 Apr 2019 - 30 Sept 201929 Oct 20192677%17%6%43%
01 Apr 2018 - 30 Sept 201830 Oct 20183271%19%10%55%

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

In so far as possible we seek to comply with the standard terms and conditions provided by the supplier on their invoice.

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

30

Dispute Resolution Process

Tearfund's transaction processing team in the financial department will at first instance review any queries addressed to them. If this was unsuccessful we would pursue whichever procedure for dispute resolution was agreed to in the contract with the supplier.

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

TEARFUND is a UK-based charity organization that works towards ending poverty and promoting sustainable development around the world. They have been operating for over 50 years and have a strong focus on addressing the root causes of poverty and injustice.

One of their key activities is providing emergency relief and support to communities affected by natural disasters, conflicts, and other crises. They also work on long-term projects to help communities build resilience and sustainable livelihoods.

In terms of sustainability, TEARFUND has a dedicated program called "Sustainable Communities" which focuses on promoting environmentally friendly and sustainable practices in the communities they work with. This includes initiatives such as promoting renewable energy, sustainable agriculture, and waste management.

TEARFUND also offers a range of products and services to support their work, such as ethical gifts and sponsorship programs. They also have a network of volunteers and supporters who help raise awareness and fundraise for their cause.

The organization is led by a team of experienced professionals, including their CEO, Nigel Harris, and a board of trustees. They also have a strong network of partners and volunteers who help implement their projects on the ground.

For more information on TEARFUND and their work, visit their website at www.tearfund.org. Their registered office address is 100 Church Road, Teddington, TW11 8QE, United Kingdom.

Financial Metrics

Cash
£3,749,000
Net Worth
£27,319,000
Total Current Assets
£31,431,000
Total Current Liabilities
£4,914,000

Company Location