| 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 2023 - 31 Mar 2024 | 30 Apr 2024 | 36 | 40% | 55% | 5% | 79% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days is standard
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
In the first instance it is between the ordering department and the supplier to attempt resolution. Payment is made on receipt of a credit note or supply of replacement goods/services.
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
THE FREMANTLE TRUST operates as a Private Limited Company by guarantee, established without share capital and utilising the 'Limited' exemption. This structure, combined with the name 'Trust', designates it as an organisation primarily established for charitable, welfare, or benevolent purposes rather than for private profit distribution.
Incorporated on 8 June 1992, THE FREMANTLE TRUST is an active entity registered in the South East of England, operating under company number 02722437. Its registered office is located at Woodley House, 64-65 Rabans Close, Aylesbury, Buckinghamshire, HP19 8RS.
Companies structured as Private Limited Companies by guarantee without share capital often focus on providing services in sectors such as charitable giving, welfare support, social care, education, or community development. These organisations typically deliver services aligned with their specific benevolent or public benefit objectives, rather than distributing profits to shareholders.