Score of 99.1/100 qualifies for PaymentCheck Certification
The data for FULHAM FOOTBALL CLUB LIMITED shows a consistent trend of decreasing average time to pay invoices over the past three periods. From 2017-2023, the average time to pay has decreased from 42 days to 17 days, which is a significant improvement. This trend indicates that the company is actively working towards paying their invoices in a timely manner.
The data for FULHAM FOOTBALL CLUB LIMITED shows some volatility in their payment patterns. In 2018, there was a significant decrease in the percentage of invoices paid within 30 days, from 53% to 47%. However, this was followed by a steady increase in early payments over the next three periods. In 2020, there was a sudden decrease in the percentage of invoices paid within 30 days, from 78% to 71%, but this was followed by an increase in the next period. Overall, the volatility in early payments is relatively low, with the majority of periods showing consistent or improving early payment percentages.
FULHAM FOOTBALL CLUB LIMITED has shown a consistent improvement in their payment patterns over the past three periods. The average time to pay has decreased from 42 days in 2017 to 17 days in 2022, indicating a strong effort towards paying invoices on time. The percentage of invoices paid within 30 days has also steadily increased, reaching a high of 99% in the most recent period. However, there is some volatility in early payment percentages, with occasional dips followed by increases. It is worth noting that the company has consistently maintained a low percentage of invoices paid later than 60 days, with the worst period being 14% in 2017. In addition, the company has a standard payment period of 30 days, which has remained consistent throughout the provided data.
| 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 | 31 Jan 2024 | 7 | 98% | 1% | 1% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 39 | 93% | 0% | 7% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 37 | 50% | 38% | 12% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 17 | 99% | 1% | 0% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 18 | 97% | 2% | 1% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 21 | 91% | 8% | 1% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 29 | 71% | 22% | 7% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 26 | 78% | 18% | 4% | 4% |
| 01 Jul 2019 - 31 Dec 2019 | 17 Jan 2020 | 30 | 64% | 30% | 6% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 29 | 65% | 31% | 4% | 4% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 34 | 47% | 46% | 7% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 38 | 53% | 36% | 11% | 3% |
| 01 Jul 2017 - 31 Dec 2017 | 31 Jan 2018 | 42 | 42% | 44% | 14% | 4% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We tend to pay all invoices once approved within 30 days. We do two payment runs a month, and if the invoice is approved it'll simply be added to the next payment run.
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
You would contact the appropriate person within the club and we will take it from there and resolve in a timely manner.
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
Fulham Football Club Limited is the operating company behind Fulham FC, a professional football club based in London. It runs the men's and women's first teams, academy and related matchday operations, and its own website provides news, fixtures, results, ticketing and club shop facilities. Companies House records the business under SIC code 93120, activities of sport clubs, with a registered office at the club's training ground in Surrey. The club also operates a foundation and hospitality and events services linked to its stadium redevelopment. It has been incorporated since 1987 and remains active.
Generated from the company's website and Companies House records. Sources: fulhamfc.com · fulhamfc.com