KPMG UK LIMITED

PaymentCheck Score 2023
100Excellent
vs last year
#15 in UK
#1 in Unknown

Company Information

Company Number
03580549
Registered Address
15 Canada Square, Canary Wharf, London, E14 5GL
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
12 June 1998
Nature of Business
78300 - Human resources provision and management of human resources functions
Industries
Coming Soon
Region
UnknownNot specified in payment practices report

Time to Pay

Average Time to Pay
9 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

KPMG UK LIMITED consistently demonstrates excellent payment speed, averaging just 9 days for invoices. This trend indicates a strong and reliable payment trajectory, as evidenced by 100% of payments occurring within 30 days and zero late payments.

Volatility Analysis

The payment data shows zero volatility, with no payments falling into later categories (31-60 days or over 60 days). This indicates high predictability and reliability, with virtually no payment risk factors for suppliers regarding timeliness.

Summary Analysis

Based on the exceptionally strong payment performance, KPMG UK LIMITED represents a very low-risk client for suppliers. Key decision factors include the certainty of prompt payment, eliminating the need for extensive credit management or risk mitigation strategies. Suppliers can confidently expect timely remuneration for goods and services.

Performance Reports History

Reporting Period Filed: 2022-10-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2022 - 31 Mar 202320 Apr 20239100%0%0%0%
01 Apr 2022 - 30 Sept 202227 Oct 20229100%0%0%0%
01 Oct 2021 - 31 Mar 202225 Apr 20228100%0%0%0%
01 Apr 2021 - 30 Sept 202112 Oct 20218100%0%0%0%
01 Oct 2020 - 31 Mar 202122 Apr 20218100%0%0%0%
01 Apr 2020 - 30 Sept 202022 Oct 20208100%0%0%0%
01 Oct 2019 - 31 Mar 202027 Apr 20208100%0%0%0%
01 Apr 2019 - 30 Sept 201918 Oct 201913100%0%0%0%
01 Oct 2018 - 31 Mar 201929 Apr 20198100%0%0%0%
01 Apr 2018 - 30 Sept 201824 Oct 2018493%83%14%1%
01 Oct 2017 - 31 Mar 201830 Apr 2018099%1%0%1%

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

KPMG UK Limited is responsible for one third party supplier whose terms are contractually met by standing order.

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

KPMG’s core values include being committed to our communities and acting with integrity. We therefore endeavour to resolve all disputes in a fair and timely manner. Disputes are resolved by discussion and agreement with a supplier and are typically managed by the dedicated accounts payable team.

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

KPMG UK LIMITED is an active private limited company. The company operates under its registered name, KPMG UK LIMITED.

The company was incorporated on 12 June 1998 and is registered under company number 03580549. Its registered office is located at 15 Canada Square, Canary Wharf, London, E14 5GL, and its location status is listed as 'Other'.

Private limited companies, particularly those operating in professional services in the UK, typically offer a range of expert solutions. These often include audit and assurance, taxation advice, and various advisory services such as consulting, financial advisory, and risk management. Such organisations commonly specialise in helping businesses navigate complex regulatory landscapes and improve operational efficiency.

Financial Metrics

Net Worth
£5,100,000
Total Current Assets
£9,800,000
Total Current Liabilities
£4,700,000

Company Location