Score of 91/100 qualifies for PaymentCheck Certification
| 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 2025 - 30 Sept 2025 | 24 Oct 2025 | 22 | 90% | 8% | 2% | 10% |
| 01 Apr 2023 - 30 Sept 2023 | 15 Dec 2023 | 20 | 86% | 8% | 7% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment within 30 days from the date of receipt of a valid invoice
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
By negotiation between the parties, and then escalation to formal legal action.
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
Connected Places Catapult is a UK-based organization that focuses on accelerating the development and adoption of innovative technology in the built environment sector. They work with businesses, universities, and government agencies to drive sustainable growth and improve the quality of life in cities and communities.
Their sustainability program focuses on promoting sustainable practices and reducing the environmental impact of the built environment. This includes initiatives such as promoting the use of renewable energy, implementing sustainable transportation systems, and developing smart and energy-efficient buildings.
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The organization is led by a team of experienced and knowledgeable individuals, including CEO Nicola Yates and Chairman Sir Michael Bear. They are supported by an expert advisory board and a network of industry partners.
Connected Places Catapult's website (https://cp.catapult.org.uk/) serves as a hub for information and resources related to their work. Their registered office address is at Unit 33, 1 Sekforde Street, London, EC1R 0BE.
In summary, Connected Places Catapult is a leading organization in the UK that is driving sustainable growth and innovation in the built environment sector. Their focus on sustainability, range of products and services, and experienced leadership make them a key player in shaping the future of cities and communities.