| 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 |
|---|---|---|---|---|---|---|
| 04 Jul 2021 - 01 Jan 2022 | 28 Jan 2022 | 61 | 0% | 83% | 17% | 7% |
| 03 Jan 2021 - 03 Jul 2021 | 13 Jul 2021 | 55 | 15% | 84% | 1% | 12% |
| 05 Jul 2020 - 02 Jan 2021 | 26 Jan 2021 | 45 | 62% | 38% | 0% | 9% |
| 05 Jan 2020 - 04 Jul 2020 | 28 Jul 2020 | 46 | 35% | 47% | 18% | 21% |
| 07 Jul 2019 - 04 Jan 2020 | 31 Jan 2020 | 16 | 27% | 37% | 36% | 41% |
| 06 Jan 2019 - 06 Jul 2019 | 01 Aug 2019 | 56 | 0% | 57% | 43% | 38% |
| 08 Jul 2018 - 05 Jan 2019 | 22 Jan 2019 | 50 | 28% | 61% | 11% | 39% |
| 07 Jan 2018 - 07 Jul 2018 | 26 Jul 2018 | 46 | 29% | 59% | 13% | 26% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms are 60 days unless otherwise agreed.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
87
Disputes would be escalated with the Supplier Relationship Manager for guidance and review, following this the invoice would either be resubmitted or processed based on new information
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.
❌
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.
✅
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.
✅
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
CFS MANAGEMENT SERVICES LIMITED is a UK-based company that provides a wide range of financial and business management services to its clients. The company has a strong focus on sustainability and offers various services and products to promote sustainable practices.
Their sustainability program includes advising clients on sustainable investments, helping them reduce their carbon footprint, and implementing environmentally-friendly practices in their business operations. They also offer training and workshops on sustainability to educate and empower their clients.
CFS MANAGEMENT SERVICES LIMITED has a team of experienced professionals who are dedicated to providing high-quality and ethical services to their clients. The key people in the company include the managing director, financial advisor, and sustainability consultant.
Their website address is www.cfsmanagementservices.co.uk, where clients can find more information about the company and its services. The registered office address is located in London, UK.
In addition to their sustainability program, CFS MANAGEMENT SERVICES LIMITED offers a wide range of financial and business management services such as accounting, tax planning, and business consulting. They cater to various industries including healthcare, construction, and technology, among others.
Overall, CFS MANAGEMENT SERVICES LIMITED is a reputable company that not only provides excellent financial and business management services but also has a strong commitment to promoting sustainability. Their services and products are designed to help clients achieve their financial goals while also contributing to a more sustainable future.