Industry ranking
Score of 83.4/100 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 2023 - 31 Dec 2023 | 08 May 2024 | 13 | 77% | 14% | 9% | 23% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Dec 2023 | 16 | 72% | 15% | 13% | 28% |
| 01 Jan 2022 - 31 Dec 2022 | 06 Dec 2023 | 15 | 59% | 18% | 24% | 42% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Elliott Advisors (UK) Limited standard payment terms are 30 days. All invoices will be processed for payment 30 days from the date of the invoice by the Accounts Payable team to the extent that the supplier has completely and properly delivered/performed the agreement and to the extent that the supplier has delivered a valid 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
In the event of a dispute with a supplier, the Accounts Payable team can liaise with the business contact/relationship holder to work with the supplier to resolve the dispute. The Accounts Payable team have 48 hours to resolve all queries raised providing the information is available.
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
Elliott Advisors (UK) Limited is a London-registered company forming part of the Elliott group, whose parent, Elliott Investment Management, describes itself as one of the oldest investment managers of its kind under continuous management, founded in 1977. The wider group trades in securities across the capital structure, often taking a leading role in event-driven investment situations, and manages substantial client assets globally. As the UK entity within this structure, Elliott Advisors (UK) Limited supports the group's investment management activities from the UK, though the evidence does not detail its specific internal function beyond being part of the wider Elliott organisation.
Generated from the company's website and Companies House records. Sources: elliottmgmt.com · elliottmgmt.com