BARNETT WADDINGHAM ACTUARIES AND CONSULTANTS LIMITED

PaymentCheck Score 2025
94Excellent
vs last year
#563 in UK
#116 in Financial Services
#270 in London

Company Information

Company Number
06498431
Registered Address
2 London Wall Place, London, England, EC2Y 5AU
Status
Active
Employee Count
1,411
Turnover
£104,834,000
EBITDA
£5,238,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 February 2008
Nature of Business
65300 - Pension funding
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
19 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
98%
31-60 Days
1%
After 60 Days
0%
Not Paid Within Terms2%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-03-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2024 - 31 May 202502 Oct 20251893%5%2%9%
01 Jun 2023 - 30 Nov 202301 Mar 20243075%14%10%0%
01 Dec 2022 - 31 May 202301 Mar 20241888%9%1%11%
01 Jun 2022 - 30 Nov 202223 Mar 20231998%1%0%2%
01 Dec 2021 - 31 May 202223 Mar 20231897%3%0%3%
01 Jun 2021 - 30 Nov 202123 Mar 20232097%3%0%3%
01 Nov 2020 - 31 May 202123 Mar 20232195%5%0%5%
01 Jun 2020 - 30 Nov 202017 Dec 20202185%14%1%15%
01 Dec 2018 - 31 May 201927 Jun 20192184%13%3%16%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

We aim to pay all suppliers within 30 days (being our standard payment terms. Any invoices paid after this date will have been subject to a query with the supplier.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Disputes are handled by the supplier contact within the business who liaise with the finance department. If disputes escalate then these are taken on by the finance department and if necessary the finance committee.

Other Payment Information

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

Company Summary

BARNETT WADDINGHAM ACTUARIES AND CONSULTANTS LIMITED is a leading actuarial and consulting firm based in the United Kingdom. The company offers a wide range of services, including pension scheme advice, risk management, investment consulting, and employee benefits.

One of the key focuses of the company is sustainability, and it has implemented various initiatives to reduce its environmental impact. These include using renewable energy sources, reducing waste, and promoting sustainable practices among employees.

BARNETT WADDINGHAM is known for its innovative products and services, such as its award-winning online pension scheme management tool, BWebstream. This tool allows clients to access real-time information about their pension schemes and make informed decisions.

The company is led by a team of experienced and highly qualified individuals, including Andrew Vaughan, the Managing Partner, and Mark Futcher, the Head of Workplace Wealth. They are supported by a team of over 1,000 employees who are dedicated to providing excellent service to clients.

The company's website, www.barnett-waddingham.co.uk, provides detailed information about its services, products, and sustainability efforts. The registered office address is Barnett Waddingham LLP, 160 Queen Victoria Street, London, EC4V 4LA, United Kingdom. Overall, BARNETT WADDINGHAM ACTUARIES AND CONSULTANTS LIMITED is a reputable and socially responsible company that is committed to providing top-notch services while promoting sustainability.

Financial Metrics

Cash
£5,138,973
Net Worth
£2,721,516
Total Current Assets
£13,482,364
Total Current Liabilities
£12,682,041

Company Location