WEALTH AT WORK LIMITED demonstrates a mixed payment trend, with an average payment time of 27 days indicating a general intent for promptness. However, 32% of payments are classified as late, with 33% settling between 31-60 days and 2% exceeding 60 days. This pattern suggests that while a majority of invoices are paid swiftly, a substantial minority consistently experiences delays beyond standard 30-day terms.
The payment behavior of WEALTH AT WORK LIMITED exhibits moderate volatility, with only 65% of invoices reliably paid within 30 days. Suppliers face a considerable risk of delayed payment, as nearly one-third of invoices are likely to exceed standard terms. The 2% of payments extending beyond 60 days introduces a minor but present risk of significant, long-tail delays impacting cash flow predictability.
While WEALTH AT WORK LIMITED's average payment time is favorable, the significant 32% late payment rate requires careful consideration for suppliers. Suppliers should prepare for the possibility that approximately one-third of their invoices may not be settled within a 30-day period, impacting immediate cash flow. It is advisable to establish clear payment terms, consider proactive follow-up for invoices approaching their due date, and potentially structure initial contracts with shorter payment cycles to mitigate risk.
| 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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 27 | 65% | 33% | 2% | 32% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 32 | 53% | 43% | 4% | 64% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms
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
365
A complaint or concern should either be emailed to Finance@wealthatwork.co.uk or raised by telephoning 0151 255 3400. All disputes will be looked into and responded to within a reasonable time.
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
WEALTH AT WORK LIMITED operates as an Active Private limited Company. Its name indicates a business focus on wealth management and financial planning services.
The company was incorporated on 8 September 2004, registered under company number 05225819. Its registered office is located at Third Floor, 5 St Paul's Square, Liverpool, United Kingdom, L3 9SJ.
Companies of this type in the UK market typically provide financial advisory services, including retirement planning, investment management, and pension advice. They often assist both individuals and organisations with strategies for wealth creation, preservation, and employee financial wellbeing.