Score of 81.7/100 qualifies for PaymentCheck Certification
EVALUATE LIMITED maintains an average payment time of 28 days, sitting comfortably within the standard 30-day benchmark and suggesting a generally prompt payment culture. The majority of payments (85%) are settled within 30 days, indicating a broadly reliable payment pattern for most transactions. However, the 9% of payments exceeding 60 days represents a notable tail risk that pulls against an otherwise positive central trend.
The late payment rate of 31% is disproportionately high relative to the 28-day average, signalling significant inconsistency between typical and actual payment behaviour across the invoice portfolio. This divergence suggests that while most invoices are paid promptly, a meaningful subset experiences serious delays, creating an unpredictable cash flow environment for suppliers. The 9% over-60-day category in particular points to systemic issues with specific invoice types, dispute resolution, or internal approval processes rather than isolated incidents.
EVALUATE LIMITED presents a mixed risk profile: acceptable on average payment speed but unreliable in consistency, making it a moderate-to-elevated risk customer for suppliers dependent on predictable cash flow. Suppliers should consider implementing clear payment terms with late payment clauses and monitoring the 31% late payment rate closely before extending significant credit. Practical risk mitigations include setting conservative credit limits, requiring deposits on larger orders, and flagging invoices approaching the 30-day threshold for proactive follow-up.
| 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 2024 - 30 Jun 2024 | 11 Feb 2026 | 28 | 85% | 6% | 9% | 31% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The business’s payment terms are agreed with suppliers on a contractual basis and may vary depending on the nature of the goods or services supplied and the commercial arrangements in place. Invoices are payable in accordance with the payment terms set out in the relevant contract or purchase order. The business requests 60 day terms from suppliers as a baseline.
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
The business has processes in place for resolving disputes relating to payment. Disputes are reviewed and addressed through direct engagement with suppliers, and payment is made in accordance with contractual terms once disputes are resolved.
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
EVALUATE LIMITED is a private limited company based in London. The company operates under a name that indicates a focus on evaluation, assessment, or analytical services within its chosen market sector.
EVALUATE LIMITED was incorporated on 14 July 2006 and is registered in the United Kingdom under company number 05876322. The company's registered office is located at 3 More London Riverside, London, SE1 2AQ, placing it in one of the capital's prominent commercial districts on the South Bank.
As a private limited company operating in the UK, EVALUATE LIMITED benefits from the standard legal framework that governs this business structure, providing defined liability protections for its shareholders. Companies of this type in the UK are subject to regulatory oversight from Companies House and must meet annual filing obligations to maintain their active status.
EVALUATE LIMITED has maintained an active status since its incorporation, representing over eighteen years of continuous operation as a registered UK business.