Full wording: Supplier fee terms for direct lots (supplier-fee-terms-2026-09-v1)
You accept these, for each lot, when you approve it.
- These terms are between Clearance Food Ltd (company number 17354605, registered in England & Wales), which runs ClearanceFood.com ("we"), and the business named on the stock offer ("you"). They apply to each lot you approve while this version is in force.
- We introduce your lot to verified trade buyers and collect their offers. You are the seller: you sell to the buyer, invoice the buyer and are paid by the buyer directly. We never hold the money for a direct lot.
- There is no fee for offering stock or for listing a lot. The first three completed sales by your business are free (0%). After those, our fee is 1% of the goods price of each completed sale, excluding VAT. There is no end date: this rate stays until we publish a new version under clause 6.
- A completed sale is a direct lot awarded to a buyer who then pays you and is not fully refunded. The fee is worked out on the goods price you keep, excluding VAT and delivery charges, so a partial refund reduces it in proportion. The three free sales are counted per supplier business, across all its accounts, in the order the buyers paid.
- We invoice the fee after the buyer has paid you, plus VAT where it applies. It is payable within 14 days of the invoice date. Late payment carries interest and compensation under the Late Payment of Commercial Debts (Interest) Act 1998.
- We may change these terms by publishing a new version. A new version applies only to lots you approve after it takes effect, and takes effect at least 30 days after we tell you. The version you accepted for a lot stays with that lot.
- These terms are governed by the law of England and Wales. On fees, they take precedence over any other ClearanceFood terms.