The average time taken for CANAL & RIVER TRUST to pay invoices has decreased from 27.4 days to 26.1 days between the periods of 2019-2020 and 2020-2021, showing an improvement in payment efficiency.
The company's volatility in paying invoices within agreed terms has increased from 35.8% to 41.3% between the periods of 2019-2020 and 2020-2021, indicating a higher percentage of invoices being paid later than the agreed terms.
Between the periods of 2019-2020 and 2020-2021, CANAL & RIVER TRUST saw a decrease in the average time taken to pay invoices, from 27.4 days to 26.1 days. The percentage of invoices paid within 30 days also decreased from 63.7% to 59.4%. However, there was an increase in the percentage of invoices paid later than 60 days, from 5.8% to 8.6%, and in the percentage of invoices not paid within agreed terms, from 35.8% to 41.3%. The company's shortest (or only) standard payment period remained at 30 days for both periods.
| 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 Apr 2018 - 31 Mar 2019 | 09 May 2019 |
CANAL RIVER TRUST is an active private limited company by guarantee without share capital use of 'limited' exemption, incorporated on 12 October 2011, based in the North West region. Registered business activity: Water collection, treatment and supply; Service activities incidental to water transportation; Museums activities.
From Companies House records.