Score of 84.9/100 qualifies for PaymentCheck Certification
INVESTEC WEALTH & INVESTMENT LIMITED demonstrates a strong positive trend in payment speed, with an average payment time of 26 days. The company consistently settles 83% of its invoices within 30 days, indicating reliable adherence to common payment terms.
Despite the generally prompt payments, 17% of invoices are paid late, with 12% falling into the 31-60 day range and 5% exceeding 60 days, introducing a predictable element of volatility. This indicates a minor but consistent risk of extended payment periods for a portion of transactions, impacting cash flow predictability for a supplier.
Overall, INVESTEC WEALTH & INVESTMENT LIMITED represents a low-to-moderate payment risk for suppliers, primarily due to its high percentage of on-time payments. Suppliers should factor in the 17% late payment rate, particularly the 5% over 60 days, when managing working capital or setting credit limits. Implementing a monitoring system for invoices approaching the 30-day mark would be a suitable risk mitigation strategy.
| 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 Oct 2024 - 31 Mar 2025 | 19 Aug 2025 | 26 | 83% | 12% | 5% | 17% |
| 01 Apr 2024 - 30 Sept 2024 | 23 Oct 2024 | 23 | 89% | 9% | 2% | 8% |
| 01 Oct 2023 - 31 Mar 2024 | 23 Apr 2024 | 23 | 87% | 9% | 4% | 9% |
| 01 Apr 2023 - 30 Sept 2023 | 27 Oct 2023 | 28 | 79% | 18% | 4% | 21% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 24 | 84% | 14% | 2% | 12% |
| 01 Apr 2022 - 30 Sept 2022 | 26 Oct 2022 | 23 | 87% | 11% | 2% | 9% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 23 | 85% | 13% | 2% | 9% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 21 | 89% | 9% | 2% | 7% |
| 01 Oct 2010 - 31 Mar 2021 | 27 Apr 2021 | 23 | 87% | 11% | 2% | 9% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 24 | 87% | 10% | 3% | 14% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 21 | 88% | 10% | 2% | 13% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 21 | 94% | 4% | 2% | 26% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 20 | 93% | 5% | 2% | 21% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 31 | 66% | 27% | 7% | 44% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Investec Wealth & Investment standard payment terms are 30 days from receipt of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
The contract sponsor will contact the supplier detailing the reason(s) the supplier's issued invoice cannot be approved for payment and the actions needed to be taken by the supplier to ensure future approval.
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
INVESTEC WEALTH & INVESTMENT LIMITED operates as a private limited company. It specialises in wealth management and investment services.
The company, active under company number 02122340, was incorporated on 13 April 1987. Its registered office is at 30 Gresham Street, London, England, EC2V 7QN.
In the UK market, companies specialising in wealth and investment typically provide services including financial planning, bespoke investment management, and wealth preservation strategies. They also offer retirement planning and expert advisory services for individuals and institutional clients.
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