| 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 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 84 | 5% | 14% | 81% | 97% |
| 01 Jul 2020 - 31 Dec 2020 | 26 May 2021 | 131 | 1% | 14% | 85% | 97% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 days end of month
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
Accounts payable operate a shared mailbox that is used by suppliers for comments and queries. Also this can be escalated via the procurement team.
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
Creativevents Limited, incorporated in 1997, was originally registered as Creativevents Event Management & Promotions Ltd before adopting its current name in 2007. Its registered activity, according to Companies House, is event catering, classified under SIC code 56210 for event catering activities. The company is associated with event management, booking and ticketing as well as catering functions. It is currently recorded as being in liquidation, with accounts and confirmation statement filings overdue. No further detail on specific services, clients or trading operations is available from the evidence supplied beyond its registered classification and company history.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk