Score of 89.55/100 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 Jul 2024 - 31 Dec 2024 | 24 Jan 2025 | 6 | 92% | 6% | 2% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 21 | 78% | 19% | 3% | 22% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 15 | 95% | 4% | 1% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 15 Aug 2023 | 12 | 85% | 13% | 2% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company aims to settle 75% of invoices within 30 days of receipt, and 95% of invoices within 60 days of receipt.
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
In the event of a dispute the company will contact the supplier and work through the issue, escalating as required to solve the dispute in a fair and timely manner.
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
CITADEL MANAGEMENT (EUROPE) III LIMITED is an active private limited company, incorporated on 14 July 2021, based in the London region. Registered business activity: Other service activities not elsewhere classified.
From Companies House records.