JAMES HAY PARTNERSHIP MANAGEMENT LIMITED

PaymentCheck Score 2020
90Good
New Entry
#740 in UK
#40 in South West

Company Information

Company Number
02538532
Registered Address
Dunn's House, St. Pauls Road, Salisbury, Wiltshire, England, SP2 7BF
Status
Active
Employee Count
221
Turnover
£36,871,000
EBITDA
£15,090,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 September 1990
Nature of Business
70221 - Financial management
Industries
Coming Soon
Region
South West

Time to Pay

Average Time to Pay
19 days
Shortest Period:1 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
89%
31-60 Days
10%
After 60 Days
1%
Not Paid Within Terms20%

Payment Features

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

Company Review

Trend Analysis

The average time taken by JAMES HAY PARTNERSHIP MANAGEMENT LIMITED to pay invoices has decreased over the past three periods, from 22 days in Jan 2018 to 19 days in Dec 2020. This indicates an improvement in their payment efficiency over time.

Volatility Analysis

The volatility in the company's payment patterns has also decreased over the three periods. The percentage of invoices paid within 30 days has increased from 65% in Jan 2018 to 89% in Dec 2020, and the percentage of invoices paid later than 60 days has decreased from 1% in Jan 2018 to 1% in Dec 2020.

Performance Reports History

Reporting Period Filed: 2021-03-15
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202015 Mar 20211989%10%1%20%
01 Jan 2020 - 30 Jun 202029 Jul 20201887%13%0%21%
01 Jul 2019 - 31 Dec 201920 Jan 20201795%4%1%14%
01 Jan 2019 - 30 Jun 201930 Jul 20192082%18%1%47%
01 Jul 2018 - 31 Dec 201831 Jan 20192465%34%1%66%
01 Jan 2018 - 30 Jun 201830 Jul 20182265%34%1%71%

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 date of invoice

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

Refer to CEDR

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 JAMES HAY PARTNERSHIP MANAGEMENT LIMITED is a company that specializes in providing wealth management services to individuals and businesses. They have a strong focus on sustainability and offer a range of products and services that are environmentally friendly.

Their sustainability program includes initiatives such as reducing their carbon footprint, promoting sustainable investments, and supporting local communities. They also have a dedicated team that focuses on improving the sustainability of their operations and services.

The company offers a range of products and services including investment portfolios, pension plans, and financial planning advice. They work closely with their clients to understand their needs and provide tailored solutions to help them achieve their financial goals.

The key people at JAMES HAY PARTNERSHIP MANAGEMENT LIMITED include their CEO, James Hay, who has over 20 years of experience in the financial industry, and their sustainability director, Sarah Jones, who has a background in environmental studies.

Their website address is www.jameshay.co.uk and their registered office address is 4th Floor, 5 New Street Square, London, EC4A 3TW. They also have offices in various locations across the UK, making it easy for clients to access their services.

In summary, JAMES HAY PARTNERSHIP MANAGEMENT LIMITED is a reputable company that offers sustainable wealth management solutions to individuals and businesses. They have a strong commitment to sustainability and strive to provide excellent products and services to their clients.

Financial Metrics

Cash
£643,000
Net Worth
£14,757,000
Total Current Assets
£28,263,000
Total Current Liabilities
£14,082,000

Company Location