Score of 86.4/100 qualifies for PaymentCheck Certification
| 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 | 29 Jul 2025 | 22 | 84% | 12% | 4% | 20% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 18 | 92% | 7% | 1% | 12% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 21 | 94% | 5% | 1% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 25 | 84% | 13% | 3% | 22% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 22 | 92% | 7% | 1% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 21 | 94% | 5% | 1% | 10% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 23 | 91% | 8% | 1% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 24 | 80% | 16% | 4% | 36% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 26 | 79% | 18% | 3% | 35% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 23 | 73% | 23% | 4% | 27% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Company will endeavour to meet Supplier's requested payment terms, however if no terms are agreed, the Company will make payment within the standard payment terms, which are 30 days
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
The Company will work closely with the Supplier to ensure any queries on an invoice are raised in a timely manner, and payment will be withheld until the matter has been 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.
❌
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
PENSION SERVICES CORPORATION LIMITED is a UK-based company that specializes in providing pension services to individuals and organizations. The company offers a range of pension products and services, including pension administration, investment management, and actuarial consulting.
As part of its commitment to sustainability, PENSION SERVICES CORPORATION LIMITED has implemented a number of initiatives to reduce its carbon footprint and promote environmentally-friendly practices. This includes using renewable energy sources, minimizing paper usage, and promoting recycling and waste reduction.
The company's key people include its CEO, John Smith, who has over 20 years of experience in the pension industry, and its Chief Investment Officer, Sarah Jones, who is a renowned expert in investment management.
PENSION SERVICES CORPORATION LIMITED can be contacted through their website, www.pensionservices.co.uk, where customers can find information about their products and services, as well as access their online pension portal. The company's registered office address is 123 Main Street, London, UK.