Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 13 | 26% | 71% | 3% | 50% |
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 11 | 79% | 19% | 2% | 22% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 18 | 78% | 20% | 2% | 23% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 13 | 63% | 27% | 10% | 39% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 15 | 65% | 30% | 5% | 62% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 26 | 64% | 25% | 11% | 67% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 17 | 77% | 16% | 7% | 50% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 15 | 79% | 19% | 2% | 38% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 20 | 76% | 17% | 7% | 39% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | 28 | 41% | 41% | 18% | 66% |
| 01 Jul 2019 - 31 Dec 2019 | 26 Jan 2020 | 18 | 82% | 15% | 3% | 34% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 23 | 73% | 21% | 6% | 39% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 26 | 71% | 19% | 10% | 28% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms of 30 days are most commonly used with suppliers, which are agreed beforehand.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Bi-monthly supplier payment runs are produced for payments due on or prior to the payment dates, subject to receiving the invoice on time and being approved. Invoices due between payment runs will be paid in the next one; the majority of supplier payments are therefore paid within 7 days of their due date.
Maximum contractual payment period agreed
90
All disputes with suppliers are considered by the department who is responsible for the ordering of goods or services. Disputes are usually flagged to suppliers within a week by the purchase ledger clerk and will usually result in a credit note being raised, or payment to be made. Disputes are usually dealt with by the next payment run.
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
Citation Limited is a UK company that operates the Citation Group's website and trades under the Citation name, providing outsourced business compliance services on behalf of the wider group. Services cover HR and employment law advice, health and safety management, workplace e-learning, ISO certification, SSIP accreditation, cybersecurity support and employee background screening, aimed largely at small and medium sized businesses. The group also provides compliance software connecting business owners with staff, suppliers and advisers. Group figures cited include operations across the UK, Australia, New Zealand and Canada, over 50 compliance products and millions of software users, though these reflect the wider Citation Group rather than this registered entity alone.
Generated from the company's website and Companies House records. Sources: thecitationgroup.com · thecitationgroup.com · thecitationgroup.com