CATHOLIC AGENCY FOR OVERSEAS DEVELOPMENT

PaymentCheck Score 2020
79Good
New Entry
#1647 in UK
#59 in Creative
#737 in London

Company Information

Company Number
09387398
Registered Address
Romero House, 55 Westminster Bridge Road, London, United Kingdom, SE1 7JB
Status
Active
Employee Count
391
Turnover
£67,916,000
EBITDA
£2,204,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
13 January 2015
Nature of Business
88990 - Other social work activities without accommodation not elsewhere classified
Industries
Creative,Media And Publishing,Lifestyle And Entertainment,Software
Region
London

Time to Pay

Average Time to Pay
23 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
80%
31-60 Days
12%
After 60 Days
8%
Not Paid Within Terms21%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-12-19
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2020 - 30 Sept 202019 Dec 20202871%18%11%30%
01 Oct 2019 - 31 Mar 202019 Dec 20202380%12%8%21%
01 Apr 2019 - 30 Sept 201929 Oct 20192577%20%3%26%
01 Oct 2018 - 31 Mar 201908 Jul 20192383%10%7%20%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

CAFOD’s standard terms for the payment of supplier invoices are 30 days from the date of invoice. Where contracts for services are agreed with particular suppliers that include payment terms of under 30 days, CAFOD’s practice is to settle these supplier invoices within the agree payment period. CAFOD’s standard payment practice is to run a weekly payment run settled through BACS payment to the suppliers nominated bank account, for all invoices were payment is due (by our standard terms or contractor specific terms).

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

Dispute Resolution Process

Any disputes with suppliers about payments due will be dealt with by the CAFOD Finance Department. CAFOD does not keep a record of the date invoices were received, but does keep a systematic record of the Invoice date and the payment date. We do make additional payments out of the weekly cycle to suppliers where payment may be beyond agreed terms, due to administrative delays.

Other Payment 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

Company Summary

The Catholic Agency for Overseas Development (CAFOD) is a UK-based international development charity that works to tackle poverty and injustice in developing countries. Founded in 1962, CAFOD is the official aid agency of the Catholic Church in England and Wales.

CAFOD's sustainability program focuses on promoting sustainable and equitable development through working with local partners and communities. They prioritize the protection of the environment and support projects that promote sustainable livelihoods, energy efficiency, and natural resource management. CAFOD also advocates for climate justice and supports communities affected by climate change.

The organization offers a wide range of products and services to support their mission, including emergency relief, long-term development projects, and advocacy campaigns. They also provide educational resources and volunteering opportunities for individuals and schools to get involved in their work.

Key people involved in CAFOD include their CEO Christine Allen and Chair of Trustees, Bishop John Arnold. The organization has a team of over 300 staff members and thousands of volunteers who work together to make a difference in the lives of people living in poverty.

CAFOD's website address is https://cafod.org.uk/ and their registered office address is Romero House, 55 Westminster Bridge Road, London SE1 7JB. They can be contacted by phone at 0303 303 3030 or by email at cafod@cafod.org.uk. CAFOD also has a presence on social media platforms such as Twitter, Facebook, and Instagram.

Financial Metrics

Cash
£9,192,000
Net Worth
£24,671,000
Total Current Assets
£25,382,000
Total Current Liabilities
£12,566,000

Company Location