The average time taken for CANTERBURY CHRIST CHURCH UNIVERSITY to pay invoices has fluctuated over the past three periods, with a decrease in 2018-2019 followed by an increase in 2020-2021. However, overall there has been a slight decrease in the average time to pay over the past three periods.
The volatility in the percentage of invoices paid within 30 days has been relatively low, with a decrease of 10% in 2019-2020 followed by an increase of 1% in 2020-2021. The volatility in the percentage of invoices paid later than 60 days has been higher, with an increase of 2% in 2019-2020 followed by a decrease of 1% in 2020-2021.
| 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 Aug 2025 - 31 Jan 2026 | 04 Mar 2026 | 26 | 61% | 37% | 2% | 40% |
| 01 Feb 2025 - 31 Jul 2025 | 01 Sept 2025 | 32 | 60% | 37% | 3% | 40% |
| 01 Aug 2024 - 31 Jan 2025 | 01 Apr 2025 | 28 | 55% | 42% | 3% | 45% |
| 01 Feb 2024 - 31 Jul 2024 | 08 Aug 2024 | 24 | 89% | 8% | 3% | 11% |
| 01 Aug 2023 - 31 Jan 2024 | 21 Feb 2024 | 26 | 88% | 8% | 4% | 12% |
| 01 Feb 2023 - 31 Jul 2023 | 10 Oct 2023 | 25 | 79% | 20% | 3% | 21% |
| 01 Aug 2022 - 31 Jan 2023 | 20 Feb 2023 | 30 | 72% | 27% | 3% | 31% |
| 01 Feb 2022 - 31 Jul 2022 | 08 Sept 2022 | 31 | 63% | 33% | 4% | 0% |
| 01 Aug 2021 - 31 Jan 2022 | 03 Mar 2022 | 33 | 53% | 42% | 5% | 47% |
| 01 Feb 2021 - 31 Jul 2021 | 02 Sept 2021 | 32 | 64% | 31% | 5% | 36% |
| 01 Aug 2020 - 31 Jan 2021 | 01 Mar 2021 | 32 | 72% | 22% | 6% | 28% |
| 01 Feb 2020 - 31 Jul 2020 | 03 Sept 2020 | 26 | 82% | 14% | 4% | 18% |
| 01 Aug 2019 - 31 Jan 2020 | 02 Mar 2020 | 29 | 83% | 12% | 5% | 0% |
| 01 Feb 2019 - 31 Jul 2019 | 30 Sept 2019 | 29 | 88% | 9% | 3% | 0% |
| 01 Aug 2018 - 31 Jan 2019 | 28 Feb 2019 | 29 | 85% | 11% | 4% | 15% |
| 01 Feb 2018 - 31 Jul 2018 | 23 Nov 2018 | 18 | 92% | 5% | 3% | 8% |
| 01 Aug 2017 - 31 Jan 2018 | 07 Mar 2018 | 19 | 86% | 9% | 6% | 14% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
From 30 days and on next available payment run: www.canterbury.ac.uk/purchasing/purchasing.aspx
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
30
www.canterbury.ac.uk/purchasing/purchasing.aspx
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
CANTERBURY CHRIST CHURCH UNIVERSITY is an active private limited company by guarantee without share capital use of 'limited' exemption, incorporated on 10 June 2003, based in the South East region. Registered business activity: First-degree level higher education; Post-graduate level higher education.
From Companies House records.