Industry ranking
| 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 2025 - 30 Jun 2025 | 19 Aug 2025 | 23 | 70% | 29% | 1% | 46% |
| 01 Jul 2024 - 31 Dec 2024 | 03 Feb 2025 | 23 | 91% | 8% | 1% | 15% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 22 | 89% | 8% | 3% | 19% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 23 | 87% | 9% | 4% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 28 | 72% | 20% | 8% | 29% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 24 | 88% | 8% | 4% | 14% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 24 | 88% | 7% | 5% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 27 | 86% | 9% | 5% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 30 | 79% | 13% | 8% | 20% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 35 | 77% | 13% | 9% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
CityFibre Holdings' standard terms of payment are 30 days from invoice date. CityFibre operates a 3 way purchase to pay process whereby a Purchase Order (PO) is raised to order the work with the supplier and the PO owner internally receipts when the work has been completed. The supplier sends an invoice with the approved PO number clearly stated to the dedicated inbox of accounts.payable@cityfibre.com which allows for account payable team to match the invoice to the PO so it is passed for payment.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
If the payment is due on a weekend or public holiday, CityFibre Holdings will endeavour to make payment prior to said weekend or public holiday. Our goal is to pay each and every invoice to terms unless there is a reasonable reason not to. CityFibre has expedited payments in the reporting period for certain suppliers in the supply chain. This was due to, or a combination of, the supplier request due to their own cashflow or that they have a risk adverse stance on credit limits meaning that we have to make interim payments to manage our credit limits between payment deadlines.
Maximum contractual payment period agreed
30
If CFH reasonably and in good faith disputes its obligation to pay part or all of an invoice submitted by a supplier, then CFH notifies the supplier in writing of the amount of the invoice which it is disputing and the reasons why it considers it is not obliged to pay that amount. Payment disputes are initially handled by the Accounts Payable team, with support from the person who negotiated or ordered the product/service. If a satisfactory outcome cannot be reached, the issue will be escalated within the organisation to the supply chain director and ultimately the legal team if necessary.
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
CityFibre Holdings Limited is a private limited company registered in England and Wales, incorporated in January 2011 and based in London. Companies House classifies its nature of business as other telecommunications activities. Its name indicates it functions as a holding entity within a telecommunications-focused corporate group rather than as an operating trading business itself. The company remains active, filing regular annual accounts and confirmation statements, with its most recent accounts made up to 31 December 2024. No further detail on specific services, products or client operations is available from the supplied evidence, beyond its registered classification as a telecommunications-related holding company.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk