GAM (U.K.) LIMITED exhibits a strong general trend with an average payment time of 24 days, with 84% of payments made within 30 days, suggesting consistent on-time performance for the majority of transactions. However, 16% of payments are late, with 11% settling between 31-60 days and 4% extending beyond 60 days, indicating a segment of slower payments that suppliers should note.
The high percentage of payments (84%) made within 30 days points to reliable and predictable payment behavior for most invoices, reducing general uncertainty for suppliers. Nonetheless, the 16% late payments, particularly the 4% that exceed 60 days, introduce an element of volatility for a minority of transactions, which could impact short-term cash flow for affected suppliers.
Based on the data, GAM (U.K.) LIMITED is a generally reliable payer, with most invoices settled promptly, making them a suitable partner for suppliers. Suppliers should factor in the 16% late payment rate, especially the 4% exceeding 60 days, by potentially establishing clear payment terms and monitoring early performance to mitigate associated cash flow risks.
| 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 2024 - 31 Dec 2024 | 30 Jan 2025 | 19 | 89% | 8% | 3% | 11% |
| 01 Jan 2024 - 30 Jun 2024 | 02 Aug 2024 | 44 | 65% | 21% | 13% | 35% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 24 | 84% | 11% | 4% | 16% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 30 | 73% | 18% | 9% | 27% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 26 | 81% | 13% | 6% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 23 Aug 2022 | 32 | 66% | 20% | 14% | 34% |
| 01 Jul 2021 - 31 Dec 2021 | 23 Feb 2022 | 39 | 56% | 30% | 14% | 44% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 44 | 66% | 19% | 15% | 34% |
| 01 Jul 2020 - 31 Dec 2020 | 01 Feb 2021 | 36 | 68% | 20% | 12% | 32% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 43 | 52% | 30% | 18% | 48% |
| 01 Jul 2019 - 31 Dec 2019 | 03 Feb 2020 | 39 | 54% | 25% | 21% | 46% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 41 | 56% | 27% | 16% | 44% |
| 01 Jul 2018 - 31 Dec 2018 | 03 May 2019 | 40 | 61% | 27% | 12% | 39% |
| 01 Jan 2018 - 30 Jun 2018 | 03 May 2019 | 38 | 59% | 31% | 10% | 42% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 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
30
Initial queries are directed to the Accounts Payable team based in the UK. If the Accounts Payable team are unable to resolve queries, they are escalated to the business sponsor or company contact who engaged the supplier's services / requested goods.
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
GAM (U.K.) LIMITED is an active private limited company operating within the United Kingdom. As a private limited company, it functions as a distinct legal entity established for commercial operations.
The company was incorporated on 16 September 1982 and assigned company number 01664573. Its registered office is located at 8 Finsbury Circus, London, England, EC2M 7GB, situating its operations in London.
In the UK market, private limited companies are typically established to conduct commercial activities, provide goods or services, and engage in business ventures. This legal structure offers its members limited liability and provides a robust framework for diverse organisational purposes.