Raymond James Investment Services Limited carries an average payment time of 42 days, which exceeds standard 30-day terms and indicates a structural tendency toward slower settlement. With only 64% of payments made within 30 days, the majority of transactions fall outside prompt payment benchmarks, and the 17% of payments exceeding 60 days represents a notable tail risk for cash flow planning. The 19% falling in the 31–60 day band confirms that extended payment cycles are a recurring pattern rather than an isolated occurrence.
The spread across three distinct payment bands — 64% within 30 days, 19% at 31–60 days, and 17% beyond 60 days — signals meaningful inconsistency in payment behaviour, making cash flow forecasting difficult for suppliers. The 8% late payment rate, while relatively contained, adds an additional layer of unpredictability, particularly for suppliers with tight liquidity requirements. This distribution suggests that payment timing is not reliably governed by a single cycle, which increases reconciliation and follow-up burden.
Raymond James Investment Services Limited presents a moderate-to-elevated payment risk profile, suitable for suppliers who can absorb payment timelines of up to 60 days without significant operational strain. Suppliers should consider building extended payment terms — ideally 45–60 days — into contractual agreements to align expectations with observed behaviour and reduce disputed invoice risk. Credit limits should be set conservatively, and proactive invoice chasing at the 30-day mark is advisable given the high proportion of payments migrating into later bands.
| 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 Oct 2025 - 31 Mar 2026 | 29 Apr 2026 | 42 | 64% | 19% | 17% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 30 days from receipt of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The period of the Payment Practices Reports directly coincides with the implementation of our new P2P system, which went live in September 2025. The P2P process introduced both new systems and procedures that have had a fundamental impact on the way the business process invoices and invoice payments. We expected that, due to these changes, we would see an increase in payments not made by the due date, and we can see that the reports for this period reflect that. We do, however, expect that the next reporting period of April to September 26 will reflect more accurately, the percentage of payments paid on time.
Maximum contractual payment period agreed
30
Direct discussion between RJIS and the supplier relationship managers. Any escalation in the dispute would ultimately be referred to our internal legal department.
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
Raymond James Investment Services Limited is a UK company registered at Companies House, incorporated in 1999 and previously known as Whotree Limited, Independent Broker Services Limited and Raymond James Killik Limited. Its registered activities are financial intermediation and security and commodity contracts dealing, consistent with a stockbroking and investment services business. It is part of the wider Raymond James group, with Raymond James Wealth Management Group Limited recorded as a person with significant control, and Raymond James Financial Inc previously holding that role. The company files full annual accounts and confirmation statements with Companies House and remains an active private limited company, operating as the UK investment services subsidiary within the Raymond James corporate group rather than as an independent trading brand.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk