KENNEDYS MANAGEMENT SERVICES LIMITED
Company Information
- Company Number
- 07138859
- Employee Count
- 1,429
- Turnover
- £106,013,000
- EBITDA
- £3,158,000
Additional Details
- Website
- https://kennedys-law.com
- Industries
- Human Resources, Recruitment And Admin
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Nov 2024 - 30 Apr 2025 | 29 May 2025 | 38 | 51% | 37% | 12% | 50% |
| 01 Nov 2023 - 30 Apr 2024 | 21 May 2024 | 39 | 37% | 51% | 12% | 60% |
| 01 May 2023 - 31 Oct 2023 | 29 Nov 2023 | 44 | 38% | 42% | 20% | 63% |
| 01 Nov 2022 - 30 Apr 2023 | 31 May 2023 | 36 | 61% | 28% | 12% | 37% |
| 01 Nov 2021 - 30 Apr 2022 | 27 May 2022 | 42 | 64% | 19% | 17% | 33% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 44 | 50% | 35% | 15% | 36% |
| 01 Nov 2020 - 30 Apr 2021 | 28 May 2021 | 64 | 37% | 33% | 30% | 52% |
| 01 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 73 | 22% | 23% | 55% | 76% |
| 01 Nov 2018 - 30 Apr 2019 | 31 May 2019 | 71 | 32% | 17% | 51% | 60% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 35 | 64% | 11% | 25% | 44% |
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
Our standard payment terms are that goods and services will only be paid after any issues or queries have been resolved. All invoices are subject to an approval process within their respective departments and must be authorized before they can be paid. Authorized invoices will be paid net monthly on the weekly supplier payment run, except where different payment terms have been agreed in writing with a supplier. Any agreements for reduced payment terms (less than 30 days) will need prior approval from the CFO or Group Treasurer. The weekly payment run includes all Purchase Ledger invoices that fall due at the time or by the time the next payment run is made.
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
Dispute Resolution Process
Any payment disputes shall in the first instance be referred to the member of staff managing the contract. If the parties are unable to reach a resolution, it may be referred to the relevant head and, where necessary, the firm's Chief Financial Officer.
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
Kennedys Management Services Limited is a UK-based company that offers a range of management services to businesses and organizations. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Some of the services provided by Kennedys Management Services include project management, financial management, and risk management. They also offer training and development programs for employees to improve their skills and knowledge.
The company's sustainability program includes measures such as energy efficiency, waste reduction, and responsible sourcing of materials. They also encourage their clients to adopt sustainable practices in their operations.
Kennedys Management Services is led by a team of experienced and qualified professionals, including its Managing Director, John Kennedy. The company has a strong track record in delivering high-quality services to its clients.
For more information on their services and sustainability program, interested parties can visit their website at www.kennedysmanagement.co.uk. The registered office address for the company is 1 London Bridge Street, London SE1 9BG.
