CHARITIES TRUST

PaymentCheck Score 2025
98Excellent
vs last year
#236 in UK
#19 in North West

Company Information

Company Number
02142757
Employee Count
35
Turnover
£80,090,000
EBITDA
£1,571,000

Additional Details

Industries
Coming Soon
Region
North West

Time to Pay

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

Payment Timeline

Within 30 Days
99%
31-60 Days
1%
After 60 Days
0%
Not Paid Within Terms1%

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: 2024-11-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2024 - 30 Apr 202519 May 20251999%1%0%1%
01 May 2023 - 31 Oct 202314 Nov 20231899%1%0%1%
01 Nov 2022 - 30 Apr 202319 May 20232094%6%0%6%
01 May 2022 - 31 Oct 202214 Nov 20221897%3%0%3%
01 Nov 2021 - 30 Apr 202224 May 20221999%1%0%1%
01 May 2021 - 31 Oct 202119 Nov 20211897%3%0%3%
01 Nov 2020 - 30 Apr 202124 May 2021188%12%0%12%
01 May 2019 - 31 Oct 201918 Nov 20191899%1%0%1%
01 Nov 2018 - 30 Apr 201903 Jun 20191893%7%0%7%
01 May 2017 - 31 Oct 201730 Nov 20172591%7%1%1%

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

30 Days from receipt of 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

Charities Trust aims to pay suppliers of goods and services within its standard payment terms of 30 days from receipt of invoice. In the event that a dispute arises in relation to payment, the following staged process is in place to achieve resolution. Stage 1 Dispute is raised with Charities Trust’s Head of Finance. The Head of Finance investigates the matter and responds to the supplier within 5 working days. Stage 2 If the supplier is dissatisfied with the outcome of stage 1, the dispute is referred to Charities Trust’s Chief Governance Officer. The Chief Governance Officer investigates and responds to the supplier within 5 working days of stage 2 commencing. Stage 3 If the supplier is dissatisfied with the outcome of stage 2, the dispute is referred to Charities Trust’s Chief Executive Officer. The Chief Executive Officer investigates and responds to the supplier within 5 working days of stage 3 commencing. Stage 4 If the dispute has not been resolved to the satisfaction of the supplier at the end of stage 3, the matter is referred to Charities Trust’s Chair of the Governance Committee. The Chair will investigate and respond to the supplier within 5 working days. This is the final stage of Charities Trust’s dispute resolution process. In the unlikely event that the matter is still unresolved, the supplier is at liberty to take independent advice.

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

Charities Trust is a UK-based charity organization that works to support and manage charitable giving for individuals and businesses. Their main aim is to make it easier for people to donate to charities and ensure that the donations are used effectively.

The organization offers a range of services, including payroll giving, online fundraising, and charity gift cards. They work with more than 2,000 charities, both large and small, to help them raise funds and make a positive impact on society.

One of the key focuses of Charities Trust is sustainability. They have a sustainability program in place to ensure that their operations and activities are environmentally friendly and socially responsible. This includes reducing their carbon footprint, promoting ethical and sustainable practices, and supporting charities that work towards environmental conservation.

The organization has a team of dedicated and experienced individuals, including trustees, directors, and staff members, who work towards the common goal of supporting charities and making a positive impact in society. Their board of trustees includes prominent figures from the corporate and charity sectors, bringing a wealth of knowledge and experience to the organization.

To get in touch with Charities Trust, individuals and businesses can visit their website at www.charitiestrust.org.uk. The website provides information about their services, how to donate, and the impact of their work. Their registered office address is located at 2 Lowndes Court, London, W1F 7HD, UK.

In summary, Charities Trust is a UK-based charity organization that supports and manages charitable giving for individuals and businesses. They have a strong focus on sustainability and offer a range of services to make charitable giving easier and more effective. With a dedicated team and a wide network of charities, Charities Trust is playing a crucial role in creating a positive impact in society.

Financial Metrics

Cash
£2,197,962
Net Worth
£88,792,959
Total Current Assets
£68,659,320
Total Current Liabilities
£566,595