Industry ranking
Score of 98.2/100 qualifies for PaymentCheck Certification
| 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 | 24 | 100% | 0% | 0% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 8 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 42 | 0% | 100% | 0% | 100% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 29 | 100% | 0% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 0 | 0% | 0% | 0% | 50% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 15 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Company’s standard contractual payment terms for all qualifying contracts are payments within 60 days after invoice receipt date and they are the maximum payment terms the Company has with suppliers. Other payment terms may apply after negotiation with suppliers without ever exceeding the above mentioned maximum payment terms. The agreed payment terms are subsequently reflected in our contractual documentation and accounting system. There were no changes to standard payment terms in the reporting period.
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
Invoices should be submitted in PDF format to invoices.fidelity@fil.com; any supplier communications including dispute or concern matters should be sent in the first instance to p2p.uk@fil.com. The supplier and the Company shall use all reasonable endeavours to discuss and resolve any payment dispute. If the parties cannot resolve the dispute within five working days, the dispute shall be referred in the second instance to the immediate manager for discussion and in the third instance to a Senior officer of the Company.
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
FIL Pensions Management is a private unlimited company incorporated in 1986 and registered in Surrey. It was previously known as Fidelity Pensions Management and, before that, Fidelity Pensions Limited and Newpeers Limited. Its registered activity is classified as financial intermediation not elsewhere classified. Company records show its secretary as FIL Investment Management Limited and a person with significant control linked to Fil Holdings (UK) Limited, indicating it operates as part of the Fidelity International corporate group, with its role centred on pensions management activities. It files full annual accounts and confirmation statements with Companies House and remains an active entity within that wider group structure.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk