In line with Regulation 113(7) these statistics exclude the following Group companies: Latimer and Grange.

The implementation of Clarion’s ERP system meant a two stage phased approach for the new finance module. As a result the Group has only been operating on one finance system for 5 months which has impacted its ability to meet the performance target for payment within 30 days. 81% of all invoices were paid within 40 days.

Clarion has seen 13% increase in its performance from the last reporting period and expect to publish further improved figures next reporting period.  

i) the percentage of invoices paid within 30 days - 73% 

ii) the amount of interest paid to suppliers due to late payment

iii) the total amount of interest that the contracting authority was liable to pay - £194,912