Score of 98.2/100 qualifies for PaymentCheck Certification
The trend for Alcentra Limited's average time to pay invoices has been decreasing since 2018, with a dip in 2020 and then a slight increase in 2021. This suggests that the company has been paying invoices more quickly in recent years.
The volatility in Alcentra Limited's average time to pay invoices has been relatively stable, with a few small fluctuations but no major spikes or dips.
In the 3 periods analysed, Alcentra Limited has shown a consistent decrease in their average time to pay invoices. The company's best period was from 2023-07-01 to 2023-12-31, where 92% of invoices were paid within 30 days and only 1% were paid later than 60 days. This is a significant improvement compared to their worst period, from 2022-07-01 to 2022-12-31, where only 80% of invoices were paid within 30 days and 13% were paid later than 60 days.
| 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 | 30 Jan 2026 | 17 | 89% | 10% | 1% | 11% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 16 | 91% | 8% | 1% | 9% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 16 | 92% | 7% | 1% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 11 | 97% | 3% | 0% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 16 | 92% | 7% | 1% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 38 | 66% | 16% | 18% | 31% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 32 | 80% | 12% | 8% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 30 | 64% | 23% | 13% | 61% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 33 | 59% | 28% | 13% | 54% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 31 | 73% | 15% | 11% | 29% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 25 | 82% | 9% | 9% | 15% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 38 | 74% | 12% | 15% | 25% |
| 01 Jul 2019 - 31 Dec 2019 | 21 Jan 2020 | 53 | 64% | 12% | 24% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 50 | 60% | 15% | 26% | 37% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 46 | 57% | 22% | 21% | 39% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 58 | 57% | 16% | 27% | 40% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Global AP is committed to paying invoices in the fastest and most efficient fashion possible since the moment of invoice receipt. Submitted invoices are reviewed for accuracy and payment is made when the supplier has completely and properly delivered/performed the agreement and when correct invoice is delivered to Accounting Department.
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
In the event of a dispute with supplier a complaint can be raised to Franklin Templeton Customer Service. This department will send the complaint to the invoice approver within Franklin Templeton responsible for follow up with the supplier to resolve the dispute within a reasonable time.
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
Benefit Street Partners Limited is the UK-registered entity of Benefit Street Partners (BSP), a global alternative credit investment manager. Its registered office is listed as the group's London location. BSP, now a wholly owned subsidiary of Franklin Templeton, specialises in alternative credit strategies including direct lending, structured credit, liquid credit, special situations, infrastructure debt and real estate debt, managing assets on behalf of institutional and individual investors worldwide. The wider group was formed through the integration of Alcentra in 2022 and later Apera Asset Management, combining European and US credit expertise. The UK company forms part of this international investment management structure, contributing to the group's alternative credit operations rather than operating as an independent trading business.
Generated from the company's website and Companies House records. Sources: alcentra.com · alcentra.com · alcentra.com