Industry ranking
| 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 May 2022 - 31 Oct 2022 | 20 Feb 2023 | 32 | 58% | 36% | 6% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
standard payment terms are within 60 days
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
60
a complaint or concern will be directed to the AP department if needed this will be escalated to FC
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
Korn Ferry (UK) Limited is a management consultancy business registered in London, previously known as Hay Group and, briefly, Korn Ferry Hay Group. It is controlled by Korn Ferry Global Holdings (UK) Limited, part of the wider Korn Ferry corporate group. Its registered activity is management consultancy other than financial management, and public contract awards show work including executive search, recruitment consultancy and interim capability services for organisations such as the Ministry of Defence, Transport for London and the Bank of England. It holds leasehold property in Greater Manchester and is a licensed sponsor of skilled worker visas.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · companiesintheuk.co.uk