THE ASSOCIATION OF ACCOUNTING TECHNICIANS

PaymentCheck Score 2025
85Good
#1314 in UK
#268 in Financial Services
#581 in London

Company Information

Company Number
01518983
Registered Address
30 Churchill Place, London, United Kingdom, E14 5RE
Status
Active
Employee Count
252
Turnover
£33,509,000
EBITDA
£1,868,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
26 September 1980
Nature of Business
94120 - Activities of professional membership organisations
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
22 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
93%
31-60 Days
5%
After 60 Days
2%
Not Paid Within Terms7%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2021-10-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202502 Nov 20252281%15%4%19%
01 Apr 2021 - 30 Sept 202126 Oct 20212293%5%2%7%
01 Apr 2020 - 31 Mar 202119 Apr 20212786%11%3%14%
01 Apr 2019 - 30 Sept 201924 Oct 20192587%11%2%13%

Payment Time Trends

Payment Distribution Trends

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 from invoice date

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

Dispute Resolution Process

Disputes are resolved by negotiation involving the relevant parties

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

Company Summary

The Association of Accounting Technicians (AAT) is a professional membership body for accounting technicians in the United Kingdom. It was established in 1980 and has over 140,000 members worldwide. AAT's mission is to promote the highest standards of professionalism and ethical behavior within the accounting industry.

AAT offers a variety of products and services to its members, including professional qualifications, training courses, and networking opportunities. Their qualifications are recognized by employers and governments around the world, making them a highly sought-after credential for those looking to advance their careers in accounting.

One of the key focuses of AAT is sustainability. They have a dedicated sustainability program that aims to promote responsible and ethical business practices within the accounting industry. This includes providing resources and training to help members understand and implement sustainable practices in their work.

The key people of AAT include its Chief Executive Officer, Mark Farrar, and its President, Michael Steed. They work closely with a team of board members and staff to oversee the operations and strategic direction of the organization.

AAT can be contacted through various channels, including their website, which is www.aat.org.uk. Their registered office address is 140 Aldersgate Street, London, EC1A 4HY. They also have regional offices located across the UK for those who prefer to contact them in person.

Financial Metrics

Cash
£12,118,000
Net Worth
£29,378,000
Total Current Assets
£15,137,000
Total Current Liabilities
£14,125,000

Company Location