Industry ranking
Score of 91.97/100 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 Oct 2025 - 31 Mar 2026 | 29 Apr 2026 | 20 | 94% | 6% | 0% | 9% |
| 01 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 21 | 93% | 7% | 0% | 9% |
| 01 Oct 2024 - 31 Mar 2025 | 17 Apr 2025 | 22 | 89% | 10% | 1% | 14% |
| 01 Apr 2024 - 30 Sept 2024 | 17 Oct 2024 | 23 | 93% | 6% | 0% | 10% |
| 01 Oct 2023 - 31 Mar 2024 | 25 Apr 2024 | 29 | 85% | 11% | 4% | 19% |
| 01 Apr 2023 - 30 Sept 2023 | 12 Oct 2023 | 32 | 76% | 18% | 6% | 26% |
| 01 Apr 2022 - 30 Sept 2022 | 17 Oct 2022 | 30 | 80% | 11% | 9% | 32% |
| 01 Oct 2021 - 31 Mar 2022 | 09 May 2022 | 24 | 87% | 9% | 4% | 23% |
| 01 Apr 2021 - 30 Sept 2021 | 21 Oct 2021 | 24 | 86% | 11% | 3% | 25% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 29 | 82% | 12% | 6% | 26% |
| 01 Apr 2020 - 30 Sept 2020 | 20 Oct 2020 | 30 | 72% | 20% | 8% | 42% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 28 | 81% | 14% | 5% | 29% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 26 | 77% | 17% | 6% | 43% |
| 01 Oct 2018 - 31 Mar 2019 | 18 Apr 2019 | 31 | 71% | 20% | 9% | 46% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 32 | 71% | 19% | 10% | 55% |
This information is as reported by the business, and responses are in their own words.
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
Tearfund's transaction processing team in the financial department will in the 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.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
This entity was incorporated in 1970 as Tear Fund Limited. It was renamed Tear Fund in 1988 and later became Tearfund in 2001, the name under which it continues to trade. It is registered as a private company limited by guarantee without share capital and remains active. Companies House classifies its activity under SIC code 88990, other social work activities without accommodation, indicating a focus on social welfare related work rather than a commercial trading business. No further detail on specific programmes or services is available from the records reviewed.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk