Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
The data for CLARANET LIMITED shows a relatively consistent trend in their average time to pay invoices, with a slight increase from 44 days in 2018 to 49 days in 2021. However, there have been fluctuations in the percentages of invoices paid within 30 days and those paid later than 60 days. The company has shown improvement in paying invoices within 30 days, with a high of 83% in the second half of 2019. However, there has been an increase in the percentage of invoices paid later than 60 days, reaching a high of 20% in the first half of 2021.
The data for CLARANET LIMITED shows some volatility in their payment patterns, particularly in the percentages of invoices paid within 30 days and those paid later than 60 days. This is evident in the fluctuations seen in these percentages over the different periods.
| 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 | 29 Jan 2026 | 38 | 18% | 52% | 30% | 60% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 33 | 56% | 34% | 10% | 40% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 33 | 54% | 37% | 9% | 42% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 35 | 54% | 36% | 10% | 45% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 41 | 54% | 34% | 12% | 48% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 42 | 39% | 48% | 13% | 59% |
| 01 Jul 2022 - 31 Dec 2022 | 10 Feb 2023 | 64 | 39% | 45% | 16% | 55% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 43 | 46% | 42% | 12% | 52% |
| 01 Jan 2021 - 30 Jun 2021 | 08 Sept 2021 | 49 | 43% | 37% | 20% | 51% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 48 | 51% | 32% | 17% | 48% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 47 | 45% | 36% | 19% | 53% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jul 2020 | 47 | 83% | 16% | 1% | 56% |
| 01 Jan 2019 - 30 Jun 2019 | 09 Aug 2019 | 45 | 41% | 39% | 20% | 51% |
| 01 Jul 2018 - 31 Dec 2018 | 19 Feb 2019 | 45 | 44% | 40% | 16% | 57% |
| 01 Jan 2018 - 30 Jun 2018 | 13 Sept 2018 | 44 | 41% | 44% | 15% | 63% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Terms are defined by the supplier at the commencement of the service provided. However, where possible, the longest possible terms are negotiated.
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
Initial discussions held between company and supplier where costs are disputed, either due to incorrect volume or price. The invoice is either agreed or a credit note issued for the difference. If disputes cannot be agreed at this point, our internal legal team contacts the supplier to agree some for of resolution. This process can take several months, resulting in the invoice being significantly overdue by the time it is paid
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
Claranet Limited is a UK-registered company incorporated in 1996, with its registered office in London. Companies House records its nature of business under SIC code 62090, other information technology service activities, and it is tagged as operating in technology consultancy and IT and telecommunications support. No further detail on specific services, client base or trading name is available from the supplied evidence. The company remains active, with recent director appointments and a confirmation statement filed in 2026. Based solely on the official registration data, Claranet Limited operates within the information technology sector, providing consultancy and support services related to IT and telecommunications infrastructure, though the precise scope of its offerings cannot be confirmed from the evidence provided.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk