COREMONT PARTNERSHIP SERVICES LIMITED exhibits a clear trend of extended payment cycles, with an average payment time of 52 days. A significant 40% of payments consistently exceed 60 days, indicating a trajectory towards longer payment terms rather than prompt settlement. This pattern, where only 33% are paid within 30 days and 67% are late, suggests a persistent operational standard for delayed disbursements.
The payment behavior of COREMONT PARTNERSHIP SERVICES LIMITED demonstrates low reliability for timely settlements, with 67% of invoices paid late. With a distribution ranging from 33% within 30 days to 40% exceeding 60 days, there is considerable unpredictability regarding actual payment dates. This significant variability, alongside the high average payment time, introduces substantial cash flow risk for any supplying partner.
Suppliers should approach COREMONT PARTNERSHIP SERVICES LIMITED with caution due to the consistently lengthy and unpredictable payment schedule. Key decision factors include the 52-day average payment time and the high 67% late payment rate, indicating a clear need for revised expectations. To mitigate risk, consider implementing stricter payment terms like shorter net days or partial upfront payments, and factor potential cash flow delays into pricing and planning.
| 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 | 27 Oct 2025 | 63 | 25% | 27% | 48% | 7% |
| 01 Sept 2024 - 31 Mar 2025 | 27 Oct 2025 | 46 | 33% | 39% | 28% | 14% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Coremont Partnership Services Limited does not dictate standard payment terms. We endeavour to pay invoices within thirty (30) days of receipt, or before the individual supplier payment terms as agreed between the parties.
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 terms of the dispute resolution process when an invoice is received it will be reviewed by the relevant department to which the invoice relates (i.e. IT invoices will be reviewed by IT). If they have any changes to the invoice they will communicate directly with their contact at the relevant firm before passing on to the accounts payable department. In the case where there is a request for payment where we believe the payment has already been made the accounts payable department will communicate directly with their contact at the relevant firm to resolve this. Disputes are dealt with as a matter of urgency and any delays are usually caused by lack of response from the supplier.
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
COREMONT PARTNERSHIP SERVICES LIMITED is a private limited company that provides services related to partnerships. As a private limited company, it operates as a distinct legal entity.
The company is registered with company number BR015938 and has its registered office in the United Kingdom. Its specific location and incorporation date are not disclosed.
In the UK market, companies offering partnership services typically specialise in the formation, administration, and ongoing support for various partnership structures. This can include advisory services on partnership agreements, compliance, and operational management for businesses.