Score of 97.5/100 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 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 15 | 96% | 3% | 1% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 17 | 92% | 6% | 2% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 16 | 96% | 3% | 1% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Jan 2023 | 14 | 97% | 2% | 1% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 14 | 97% | 2% | 1% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 13 | 97% | 2% | 1% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 15 Jul 2021 | 14 | 97% | 2% | 1% | 2% |
| 01 Jul 2020 - 31 Dec 2020 | 17 Jan 2021 | 18 | 91% | 7% | 2% | 10% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 26 | 83% | 10% | 7% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 24 | 84% | 10% | 6% | 20% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
In consideration of the supply of Goods and/or Services by the Supplier, Christie's shall pay the invoiced amounts within 30 days of the date of a correctly rendered invoice to a bank account nominated in writing by the Supplier. Terms & Conditions are posted on http//:www.christies.com/purchase-order-terms
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
All invoices in dispute are passed to the appropriate team that requested the goods or services in- order for them to resolve the dispute. It may then be referred onto the senior management of the company if necessary.
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
Christie Manson & Woods Limited is a renowned auction house in the United Kingdom, known for its expertise in fine arts and antiques. The company was established in 1766 and has since become a leading player in the art market.
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include using sustainable packaging materials and promoting the use of renewable energy sources in their operations.
Christie Manson & Woods Limited offers a wide range of services, including valuations, appraisals, and auctions of fine art, jewelry, and collectibles. They also provide private sales and online bidding options for their clients.
The company is led by key figures in the art world, including CEO Guillaume Cerutti and Chairman Marc Porter. They have a team of experts in various fields, such as art history, marketing, and finance, to provide their clients with the best possible service.
For more information on their services and upcoming auctions, interested parties can visit their website at www.christies.com. The registered office address for Christie Manson & Woods Limited is 8 King Street, St. James's, London SW1Y 6QT. Overall, Christie Manson & Woods Limited continues to be a prominent and reputable name in the art market, offering top-notch services while also prioritizing sustainability.