Score of 95.3/100 qualifies for PaymentCheck Certification
The average time taken for SOUTH DOWNS CAPITAL LIMITED to pay invoices has remained relatively stable over the past three years, with a slight increase from 16 days in 2017-2018 to 18 days in 2021-2022. However, there was a significant increase in the percentage of invoices paid later than 60 days in the 2020-2021 period, which has since decreased in the most recent period.
The volatility in the percentage of invoices paid within 30 days has been relatively low, with only a 9% difference between the highest and lowest values over the past three years. However, there has been more volatility in the percentage of invoices paid later than 60 days, with a difference of 8% between the highest and lowest values.
In the past three years, SOUTH DOWNS CAPITAL LIMITED has maintained an average time to pay of around 16-22 days. The percentage of invoices paid within 30 days has consistently been high, ranging from 88% to 99%. The company has also shown a strong commitment to paying invoices on time, with low percentages of invoices paid later than 60 days and not within agreed terms.
| 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 2021 - 31 Mar 2022 | 30 May 2022 | 16 | 97% | 2% | 1% | 15% |
| 01 Apr 2021 - 30 Sept 2021 | 06 Dec 2021 | 18 | 90% | 9% | 1% | 22% |
| 01 Oct 2020 - 31 Mar 2021 | 28 May 2021 | 21 | 88% | 12% | 0% | 27% |
| 01 Apr 2020 - 30 Sept 2020 | 16 Nov 2020 | 22 | 96% | 3% | 1% | 2% |
| 01 Oct 2019 - 31 Mar 2020 | 16 Apr 2020 | 21 | 81% | 11% | 8% | 42% |
| 01 Apr 2019 - 30 Sept 2019 | 23 Oct 2019 | 21 | 90% | 10% | 0% | 3% |
| 01 Oct 2018 - 31 Mar 2019 | 02 Apr 2019 | 16 | 99% | 1% | 0% | 1% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 15 | 99% | 1% | 0% | 4% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 16 | 98% | 2% | 0% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from date of invoice
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
Collaborative approach with suppliers
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
South Downs Capital Limited is recorded at Companies House as a non-trading company, classified under SIC code 74990. It was incorporated in September 2001 and its registered office is in Havant, Hampshire. No evidence was supplied showing this company carrying out any trading activity, offering products or services, or operating a business of its own. The website material provided for this record relates to a differently named organisation and cannot be reliably attributed to South Downs Capital Limited itself. As the available evidence does not establish what, if anything, this company actually does, no further factual description of its business activities can be given.
Generated from the company's website and Companies House records.