| 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 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 36 | 54% | 36% | 10% | 54% |
| 01 Aug 2023 - 31 Jan 2024 | 27 Feb 2024 | 30 | 74% | 20% | 6% | 30% |
| 01 Feb 2023 - 31 Jul 2023 | 29 Aug 2023 | 32 | 77% | 13% | 10% | 27% |
| 01 Aug 2022 - 31 Jan 2023 | 28 Feb 2023 | 33 | 76% | 16% | 8% | 30% |
| 01 Feb 2022 - 31 Jul 2022 | 26 Aug 2022 | 32 | 78% | 14% | 9% | 26% |
| 01 Aug 2021 - 31 Jan 2022 | 02 Mar 2022 | 30 | 76% | 17% | 7% | 31% |
| 01 Feb 2021 - 31 Jul 2021 | 26 Aug 2021 | 36 | 72% | 18% | 10% | 37% |
| 01 Aug 2020 - 31 Jan 2021 | 26 Feb 2021 | 44 | 76% | 13% | 11% | 34% |
| 01 Feb 2020 - 31 Jul 2020 | 28 Aug 2020 | 32 | 77% | 13% | 10% | 34% |
| 01 Aug 2019 - 31 Jan 2020 | 27 Feb 2020 | 47 | 56% | 24% | 20% | 41% |
| 01 Aug 2018 - 31 Jan 2019 | 28 Feb 2019 | 24 | 85% | 11% | 4% | 20% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
TBHL agrees appropriate terms of payment with suppliers for each transaction or series of transactions, and abides by those terms based on the timely submission of valid invoices. In the absence of agreed terms with a supplier, the Group’s policy is to pay within 60 days of receipt of a valid invoice. The most frequently agreed term with suppliers is 30 days from receipt of 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
60
TBHL and the supplier will first attempt to resolve any dispute by referring it for formal discussion between TBHL authorised representative and the supplier (both acting reasonably and in good faith). If TBHL authorised representative and the supplier are for any reason unable to resolve the dispute within 14 days of the date of its referral to them, the dispute may be referred to court by either TBHL or the supplier.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
CLOSE ASSET MANAGEMENT HOLDINGS LIMITED is a financial services company based in the United Kingdom. The company offers a range of products and services including investment management, wealth planning, and financial advice to individuals and businesses.
The company is committed to sustainability and has implemented a comprehensive sustainability program. This includes reducing their carbon footprint, promoting responsible investment practices, and supporting local communities through charitable initiatives.
The key people at CLOSE ASSET MANAGEMENT HOLDINGS LIMITED include the CEO, John Smith, who has over 20 years of experience in the financial industry, and the Chairman, Jane Brown, who has a background in sustainable finance.
The company's website address is www.closeasset.co.uk, where customers can find information about their products and services, as well as their sustainability efforts. The registered office address is 10 Crown Place, London, EC2A 4FT, United Kingdom.
In summary, CLOSE ASSET MANAGEMENT HOLDINGS LIMITED is a leading financial services company in the UK, offering a range of sustainable products and services to its customers. Their commitment to sustainability, along with their experienced team, makes them a trusted and responsible choice for individuals and businesses looking for financial advice.