CLIPFINE LIMITED averages 36 days to pay, marginally exceeding the standard 30-day benchmark. While 50% of invoices are settled within 30 days, a significant 42% fall into the 31–60 day band, indicating a consistent pattern of slight payment delays rather than isolated incidents. The 8% of payments exceeding 60 days suggests occasional but notable late outliers that push the overall average beyond target.
A late payment rate of 37% signals a reliability concern, meaning more than one in three invoices is not settled on time, making cash flow planning difficult for suppliers. The wide spread across payment bands — from under 30 days to over 60 days — points to inconsistent payment behaviour rather than a stable, predictable cycle. This variability introduces meaningful working capital risk, particularly for suppliers operating on tight liquidity margins.
CLIPFINE LIMITED presents a moderate-to-elevated payment risk profile, driven by a 37% late payment rate and an average settlement period of 36 days. Suppliers should consider implementing shorter payment terms (e.g., net 21 days) to compensate for habitual delays, or apply early payment discounts to incentivise timely settlement. For higher-value contracts, requiring partial upfront payment or credit insurance would be a prudent risk mitigation measure.
| 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 Dec 2024 - 31 May 2025 | 30 Jun 2025 | 36 | 50% | 42% | 8% | 37% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment is due 30 days from invoice date
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
60
"We have a structured and transparent process in place to manage and resolve payment-related disputes promptly and fairly. Upon identification of a dispute, the relevant issue is logged and acknowledged accordingly by our finance or procurement team. We then engage directly with the supplier to clarify the nature of the dispute, request any supporting documentation, and seek a resolution. Each case is reviewed by an assigned team member with appropriate authority. If the matter is more complex or requires escalation, it is referred to a senior manager within the finance or commercial team. We maintain open lines of communication with suppliers throughout and provide regular updates on progress. Our goal is always to resolve disputes amicably and swiftly, with minimal disruption to ongoing supplier relationships."
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
CLIPFINE LIMITED is a private limited company registered and operating in London. The company has maintained an active status throughout its trading history, reflecting a sustained presence in the British business landscape.
Incorporated on 6 May 1975, CLIPFINE LIMITED is one of the longer-established private limited companies on the UK register, having operated for nearly five decades. The company is registered under company number 01211133, with its registered office located at 30 John Street, Holborn, London, WC1N 2AT.
Private limited companies of this nature operating in London benefit from access to one of the world's leading commercial centres, with Holborn serving as a well-established business district. Companies structured in this way are governed by the Companies Act and are required to file annual accounts and confirmation statements with Companies House, ensuring ongoing transparency and regulatory compliance.
With a trading history stretching back to 1975, CLIPFINE LIMITED represents a longstanding corporate entity within the United Kingdom's private sector. Its continued active status is a testament to its enduring presence within the British business community.