PEAC BUSINESS FINANCE LIMITED
Company Information
- Company Number
- 00898129
- Registered Address
- Inspired, Easthampstead Road, Bracknell, England, RG12 1YQ
- Status
- Active
- Employee Count
- 61.0
- Turnover
- 48800000.0
- EBITDA
- 24200000.0
Additional Details
- Website
- https://peacfinance.com/
- Company Type
- Private limited Company
- Incorporated On
- 14 February 1967
- Nature of Business
- 64910 - Financial leasing$70100 - Activities of head offices
- Industries
- Financial Services
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| 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 2023 - 31 Dec 2023 | 31 Jan 2024 | 8 | 99% | 1% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 06 Jul 2023 | 12 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 18 Jan 2023 | 9 | 95% | 5% | 0% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Oct 2022 | 7 | 97% | 3% | 0% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Oct 2022 | 8 | 85% | 15% | 0% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jun 2021 | 1 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 0 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 1 | 100% | 0% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 13 | 90% | 5% | 5% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 14 | 86% | 11% | 3% | 9% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 21 | 84% | 12% | 4% | 14% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 21 | 77% | 22% | 1% | 18% |
Company Summary
PEAC BUSINESS FINANCE LIMITED is a leading financial institution based in the UK, providing a range of innovative products and services to businesses of all sizes
The company is committed to sustainable practices and has a strong sustainability program in place
Their products and services include asset finance, invoice finance, and commercial loans, which are designed to help businesses grow and thrive
They also offer flexible and tailored solutions to meet the specific needs of each client
PEAC BUSINESS FINANCE LIMITED prides itself on its efficient and personalized customer service, ensuring that businesses receive the support they need to achieve their goals
The key people behind the success of PEAC BUSINESS FINANCE LIMITED include their experienced management team and dedicated staff who are committed to providing the best financial solutions to their clients
Their focus on sustainability is led by their CEO, who is passionate about promoting environmentally responsible practices within the company and in the wider community
To contact PEAC BUSINESS FINANCE LIMITED, you can visit their website at www.peacbusinessfinance.co.uk or reach out to their registered office at 1 Royal Exchange Avenue, London, EC3V 3LT
They also have a strong presence on social media platforms such as LinkedIn and Twitter, where they regularly share updates and insights on their services and sustainability efforts
Company Review
Trend Analysis
The data shows a consistent trend of improvement in the average time taken for PEAC BUSINESS FINANCE LIMITED to pay invoices to their suppliers. The company has steadily decreased their average payment time from 21 days in 2018 to just 8 days in the second half of 2023. This indicates improved efficiency and promptness in payment processes.
Volatility Analysis
The volatility in the data is relatively low, with only slight fluctuations in the percentages of invoices paid within 30 days, between 31-60 days, and later than 60 days. This suggests that the company has maintained a consistent payment pattern over the years.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
Disputes will be referred to the Legal Department for advice and resolution
Other Payment Information
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
