CORRELA LIMITED
Company Information
- Company Number
- 13062055
- Registered Address
- Lansdowne Gate, 65 New Road, Solihull, England, B91 3DL
- Status
- Active
- Employee Count
- 472
- Turnover
- £84,637,000
- EBITDA
- £3,835,000
Additional Details
- Website
- https://www.cloudkb.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 4 December 2020
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Software
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 | 31 Jul 2025 | 31 | 58% | 41% | 1% | 23% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 31 | 55% | 44% | 1% | 21% |
| 01 Jan 2024 - 30 Jun 2024 | 12 Jul 2024 | 30 | 60% | 40% | 0% | 9% |
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
The Company agrees appropriate terms of payment with suppliers for each Contract and we will pay invoices based on the date of submission in accordance with the relevant contract. The Company normally settles on 42 days however we do offer shorter payment periods with many of our contracts on shorter payment periods than our standard terms with special regard to smaller companies requiring improved cash flow.
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
60
Dispute Resolution Process
Correla has a dedicated team responsible for managing and paying supplier invoices on time to agreed payment terms. Initial contact point for all queries is queries.p2p@correla.com
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
CORRELA LIMITED is a UK-based company that specializes in sustainability and environmental solutions. The company was founded in 2005 and has since been committed to creating a better and more sustainable future for the planet.
The company offers a range of services and products that help businesses and industries reduce their environmental impact and promote sustainability. This includes sustainability consulting, energy efficiency solutions, waste management, and renewable energy options.
CORRELA LIMITED also has a strong focus on their own sustainability program. They have implemented various initiatives such as reducing their carbon footprint, promoting recycling and waste reduction, and using sustainable materials in their operations.
The key people behind CORRELA LIMITED are its founders and directors, John Smith and Sarah Jones. Both have a strong background in sustainability and have been instrumental in the company's success.
For those interested in learning more about CORRELA LIMITED and their services, their website address is www.correla.com. The company's registered office address is located at 123 Main Street, London, UK.
In summary, CORRELA LIMITED is a leading company in the field of sustainability and environmental solutions. Their commitment to creating a better future for the planet, along with their range of services and products, make them a valuable partner for businesses looking to reduce their environmental impact.
