Industry ranking
Score of 88.85/100 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 20 | 87% | 11% | 2% | 6% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 25 | 82% | 13% | 5% | 10% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 26 | 85% | 11% | 4% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 28 | 80% | 14% | 6% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 30 | 65% | 8% | 26% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 95 | 57% | 17% | 27% | 20% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 29 | 81% | 15% | 4% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 30 | 74% | 22% | 4% | 8% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Mar 2022 | 25 | 84% | 13% | 3% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 01 Mar 2022 | 31 | 71% | 23% | 6% | 7% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are as set out above unless otherwise agreed by both parties and/or is set out in any contract. Payment is calculated from the date of receipt of a valid and undisputed invoice quoting a valid Purchase Order number, where applicable. Invoices are normally sent by the supplier direct to us for payment. This may include matching to Purchase Orders or, where a Purchase Order is not required in accordance to our Procurement policy, approval for payment of the invoice is requested at the appropriate buyer or manager level. Where Purchase Orders are not receipted to enable invoices to be paid, a follow up with the respective buyers will take place. Invalid or disputed invoices are rejected and returned back to the supplier, detailing the reason for the return. Where appropriate, contractual remedies for late payment of invoices are negotiated and we may set off against the invoice any sums owed to us, unless our contract prohibits this.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Improved or amended payment terms may be agreed by the Procurement and Vendor Management team during negotiations with suppliers.
Maximum contractual payment period agreed
30
Disputes will be managed in accordance with any escalation procedures or contractual provisions in place or resolved through negotiation by the Procurement and Vendor Management team and any unresolved disputes may be escalated to the Company’s Legal team if required.
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
Paratus AMC Limited is a UK-registered financial intermediation company that trades under the name Foundation Home Loans, presenting itself online as Foundation for Intermediaries. It operates as a specialist mortgage lender working through brokers and other financial intermediaries rather than directly with the public, covering both buy to let and residential lending. The business supports intermediaries with product guidance, criteria tools, calculators and regional account management, positioning itself as an established name in specialist lending built up over many years. Its registered office is in Bracknell, Berkshire. The company focuses on complex mortgage cases, providing structured support to brokers so they can serve clients seeking specialist buy to let and residential mortgage products.
Generated from the company's website and Companies House records. Sources: foundationhomeloans.co.uk · foundationhomeloans.co.uk