Ranked in 2 industries
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From Sep 2019 to Aug 2023, the average time for CHAILEY HERITAGE FOUNDATION to pay invoices has fluctuated between 23 and 39 days. There is a slight upward trend in the average time to pay, with the highest point being in Sep 2022. However, the overall trend is relatively stable.
The volatility in the average time to pay for CHAILEY HERITAGE FOUNDATION is relatively low, with the range between the highest and lowest values being only 16 days.
Over the past three periods, there has been a slight increase in the average time for CHAILEY HERITAGE FOUNDATION to pay invoices. However, the trend is relatively stable.
| 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 Sept 2023 - 29 Feb 2024 | 05 Mar 2024 | 36 | 62% | 36% | 3% | 0% |
| 01 Mar 2023 - 31 Aug 2023 | 13 Sept 2023 | 39 | 58% | 34% | 9% | 0% |
| 01 Sept 2022 - 28 Feb 2023 | 27 Mar 2023 | 39 | 51% | 38% | 11% | 0% |
| 01 Mar 2022 - 31 Aug 2022 | 30 Sept 2022 | 28 | 73% | 23% | 4% | 0% |
| 01 Sept 2021 - 28 Feb 2022 | 02 Mar 2022 | 23 | 74% | 19% | 8% | 0% |
| 01 Mar 2021 - 31 Aug 2021 | 19 Oct 2021 | 28 | 72% | 22% | 6% | 0% |
| 01 Sept 2020 - 28 Feb 2021 | 14 Apr 2021 | 27 | 77% | 19% | 4% | 0% |
| 01 Mar 2020 - 31 Aug 2020 | 14 Oct 2020 | 26 | 80% | 15% | 5% | 0% |
| 01 Sept 2019 - 29 Feb 2020 | 29 Jun 2020 | 30 | 67% | 26% | 7% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Days
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
45
Disputes relating to supplier invoices should be communicated to purchaseledger@chf.org.uk
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
Chailey Heritage Foundation is a charity based in North Chailey, East Sussex, supporting children and young people with complex physical, medical and communication disabilities. It runs an Ofsted-rated school, residential children's homes and short-break provision, alongside community services such as an activity centre, hydrotherapy pool, sensory facilities and specialist therapies. It also offers family support, facilities for hire and volunteering opportunities. Registered as a company limited by guarantee, it operates as a charity, funded through donations, fundraising events and a lottery, working with children, young people and their families to help them reach their fullest potential across education, residential care and community-based services.
Generated from the company's website and Companies House records. Sources: chf.org.uk · chf.org.uk · chf.org.uk