Score of 86.9/100 qualifies for PaymentCheck Certification
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.
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.
| 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 2025 - 31 Dec 2025 | 17 Apr 2026 | 20 | 89% | 10% | 1% | 33% |
| 01 Jan 2025 - 30 Jun 2025 | 17 Apr 2026 | 22 | 88% | 11% | 1% | 36% |
| 01 Jul 2024 - 31 Dec 2024 | 24 Apr 2026 | 26 | 82% | 16% | 2% | 44% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Apr 2026 | 24 | 84% | 14% | 2% | 40% |
| 01 Jul 2023 - 31 Dec 2023 | 06 May 2026 | 27 | 82% | 15% | 3% | 39% |
| 01 Jan 2023 - 30 Jun 2023 | 06 May 2026 | 30 | 76% | 18% | 6% | 48% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Mar 2021 | 19 | 89% | 10% | 1% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 18 | 87% | 13% | 0% | 21% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Jan 2020 | 17 | 95% | 4% | 1% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 20 | 82% | 18% | 1% | 47% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 24 | 65% | 34% | 1% | 66% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 22 | 65% | 34% | 1% | 71% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
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
No additional information
Maximum contractual payment period agreed
30
Where a payment dispute arises, the process is to obtain a copy of the invoice, if not already received; investigate the cause of the dispute; discuss the issue with the supplier; agree next steps and once resolved, pay the agreed sum within the timeframe agreed between the parties
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
Nucleus Group Services Limited is a registered company based in Salisbury, classified under financial management activities. Evidence indicates it forms part of the Nucleus Financial Platforms Group, a group of businesses providing investment platforms, retirement products and wealthtech software to financial advisers and investment management firms across the UK. The wider group operates brands including Nucleus Wrap, James Hay, Curtis Banks, Talbot and Muir, Third Financial and Dunstan Thomas, offering platform technology, SIPP and SSAS pension products, and enterprise software for advisory firms. The group's majority shareholder is a US private equity investor, with a minority stake held by another investment firm. This entity's own role appears to be as part of the group's corporate structure rather than a direct trading platform provider.
Generated from the company's website and Companies House records. Sources: nucleusfinancial.com · nucleusfinancial.com