Industry ranking
Score of 86.7/100 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 27 | 73% | 19% | 8% | 28% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 15 | 93% | 5% | 2% | 8% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 15 | 88% | 11% | 1% | 14% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 21 | 82% | 15% | 3% | 19% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 20 | 86% | 10% | 4% | 16% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 18 | 84% | 12% | 4% | 17% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 22 | 82% | 13% | 5% | 23% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 18 | 91% | 7% | 2% | 12% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 16 | 94% | 5% | 1% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 19 | 91% | 6% | 3% | 9% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 19 | 90% | 8% | 2% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 21 | 82% | 17% | 1% | 19% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 18 | 91% | 7% | 2% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 30 | 74% | 17% | 9% | 27% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 35 | 67% | 21% | 12% | 34% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 29 | 74% | 21% | 5% | 31% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from date of receipt of 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
In the event of a dispute, the buyer will notify the supplier with details of the dispute. Both parties will undertake to resolve the dispute to satisfactory conclusion. Where this is not achieved then referral should be made to the underlying supply contract for escalation.
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
Creation Consumer Finance Limited is a Northern Ireland-registered company classified under credit granting by non-deposit taking finance houses and specialist consumer credit grantors. It provides consumer credit facilities rather than deposit-taking banking services. The company was originally incorporated in 1997 as NIE Financing Limited, later renamed Open and Direct Retail Services Limited, before adopting its current name. Companies House records show historical charges held by Barclays Bank PLC and Viridian Group PLC, both since satisfied, indicating past financing arrangements. The company remains active, with its registered office in Belfast. No further detail on specific products, customer base or trading activity beyond its stated consumer credit classification is available from the evidence provided.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk