Score of 94.5/100 qualifies for PaymentCheck Certification
Nucleus Financial Services Limited demonstrates a generally prompt payment profile, with an average payment time of 25 days and 76% of invoices settled within the standard 30-day threshold. However, 22% of payments fall within the 31–60 day band, indicating a meaningful portion of invoices consistently drift beyond agreed terms. The 2% over-60-day rate suggests severe delays are relatively rare, but the overall pattern points to moderate payment discipline rather than strong consistency.
The late payment rate of 38% is a significant reliability concern, as it means more than one in three invoices is not settled on time despite the favorable average payment day figure of 25. This divergence between the average and the late payment rate suggests that while many invoices are paid promptly, a substantial subset experiences unpredictable delays, creating cash flow uncertainty for suppliers. This inconsistency reduces the predictability of payment cycles and elevates working capital risk for businesses operating on tight margins.
Nucleus Financial Services Limited presents a moderate payment risk profile — acceptable average speed but an elevated late payment rate of 38% warrants caution before extending standard credit terms. Suppliers should consider implementing shorter payment terms (e.g., 21 days) to build in a buffer against habitual lateness, and may benefit from proactive invoice chasing at the 20-day mark. Credit limits should be set conservatively until a more consistent on-time payment pattern is established.
| 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 | 17 Apr 2026 | 2 | 99% | 0% | 1% | 18% |
| 01 Jan 2025 - 30 Jun 2025 | 17 Apr 2026 | 6 | 94% | 5% | 1% | 22% |
| 01 Jul 2024 - 31 Dec 2024 | 24 Apr 2026 | 25 | 88% | 7% | 5% | 27% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Apr 2026 | 25 | 76% | 22% | 2% | 38% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
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
No additional information
Maximum contractual payment period agreed
30
Where a payment dispute arises, the process is to obtain a copy of the invoice, if not already received; investigate the cause of the dispute; discuss the issue with the supplier; agree next steps and once resolved, pay the agreed sum within the timeframe agreed between the parties
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
Nucleus Financial Services Limited is registered in Salisbury and is part of the Nucleus Financial Platforms Group, which trades under the Nucleus name. The group describes itself as one of the UK's leading independent groups for investment platforms, products and wealthtech software, serving financial advisers and their clients. Its offerings include the Nucleus Wrap adviser platform, James Hay and Curtis Banks SIPP and SSAS pension products, Talbot and Muir SSAS services, and Third Financial and Dunstan Thomas wealthtech software. The group reports assets under administration of £117bn and around 251,000 customers served through roughly 5,200 advice firms. Its majority shareholder is a US private equity investor, with a minority stake held by another investment firm.
Generated from the company's website and Companies House records. Sources: nucleusfinancial.com · nucleusfinancial.com