RECLAIM FUND LTD
Company Information
- Company Number
- 07344884
- Registered Address
- Suite 3, 7th Floor 50 Broadway, London, United Kingdom, SW1H 0DB
- Status
- Active
- Employee Count
- 14
- Turnover
- £156,981,000
- EBITDA
- £141,377,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 August 2010
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified66300 - Fund management activities
- Industries
- Financial Services,Software
- 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 Jan 2025 - 30 Jun 2025 | 25 Jul 2025 | 13 | 99% | 1% | 0% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 13 | 99% | 1% | 0% | 1% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 11 | 98% | 2% | 0% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 17 | 95% | 3% | 2% | 5% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | 15 | 95% | 4% | 1% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 17 | 96% | 4% | 0% | 4% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 19 | 93% | 6% | 1% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 13 | 95% | 5% | 0% | 5% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 13 | 99% | 1% | 0% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 16 | 97% | 2% | 1% | 3% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 18 | 94% | 6% | 0% | 6% |
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
Reclaim Fund shall pay the charges (excluding any disputed amounts) for suppliers within 30 days of receipt of an accurate and valid invoice, unless agreed otherwise with trade supplier
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
Dispute Resolution Process
All payment disputed are managed centrally by Reclaim Fund and processed by the Finance Manager
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
RECLAIM FUND LTD is a UK-based company that specializes in the recovery of overpaid taxes and charges on behalf of individuals and businesses. They work with HM Revenue and Customs to identify and reclaim any overpaid taxes, bank charges, and pension payments.
The company's sustainability program focuses on reducing paper usage by implementing digital processes and minimizing waste generation. They also strive to reduce their carbon footprint by using eco-friendly materials and energy-efficient practices.
RECLAIM FUND LTD offers a range of services, including tax reclaim, bank charges recovery, and pension overpayment recovery. They have a team of experienced professionals who handle each case with dedication and expertise.
Key people in the company include the CEO, who oversees the overall operations, and the team of accountants and advisors who work closely with clients to ensure successful claims. They also have a customer service team that provides support and guidance to clients throughout the process.
The company's website address is www.reclaimfund.co.uk, where individuals and businesses can find more information about their services and submit a claim. Their registered office address is located in Manchester, UK.
Overall, RECLAIM FUND LTD is committed to providing efficient and sustainable solutions for their clients while also promoting environmental responsibility. Their experienced team and dedication to sustainability make them a reliable and trustworthy company for tax and charge recovery.
