KNIGHTS PROFESSIONAL SERVICES LIMITED

PaymentCheck Score 2025
78Good
1.5vs last year
#1896 in UK
#125 in Professional Services
#83 in West Midlands

Company Information

Company Number
08453370
Registered Address
The Brampton, Newcastle-Under-Lyme, Staffordshire, England, ST5 0QW
Status
Active
Employee Count
1,442
Turnover
£139,790,000
EBITDA
£27,158,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 March 2013
Nature of Business
69102 - Solicitors
Industries
Professional Services
Region
West Midlands

Time to Pay

Average Time to Pay
22 days
Shortest Period:1 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
78%
31-60 Days
21%
After 60 Days
1%
Not Paid Within Terms50%

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: 2024-11-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2024 - 30 Apr 202523 May 20252276%23%1%48%
01 Nov 2023 - 30 Apr 202428 May 20242282%17%1%49%
01 May 2023 - 31 Oct 202330 Nov 20232469%30%1%55%
01 Nov 2022 - 30 Apr 202330 May 20232566%32%2%59%
01 Nov 2021 - 30 Apr 202227 May 20222665%31%4%48%
01 May 2021 - 31 Oct 202125 Nov 20212759%38%3%55%
01 Nov 2020 - 30 Apr 202127 May 20212663%33%4%53%
01 May 2019 - 31 Oct 201928 Nov 20192676%16%8%30%
01 Nov 2018 - 30 Apr 201931 May 20192576%17%7%24%

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

The company does not use standard terms but the most frequently used payment term is 30 days. Certain costs are incurred on behalf of clients where the supplier does not require payment until the company has received the payment from the client.

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

90

Dispute Resolution Process

Any disputes with suppliers or contractors are dealt with by the finance team in conjunction with the relevant director responsible for the expenditure. If the dispute cannot be amicably resolved then the issue will be referred to the Finance Director and CFO who if necessary will refer to internal legal counsel.

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

KNIGHTS PROFESSIONAL SERVICES LIMITED is a UK-based company that offers a wide range of professional services to clients. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact and promote social responsibility.

Their sustainability program includes measures such as using green energy sources, reducing waste, and promoting recycling. The company also encourages its employees to use public transport or carpool to reduce their carbon footprint.

KNIGHTS PROFESSIONAL SERVICES LIMITED offers a variety of services including accounting, tax planning, business advisory, and legal services. They cater to both individual and corporate clients, providing personalized solutions to meet their specific needs.

The company has a team of experienced and knowledgeable professionals who are dedicated to providing high-quality services to their clients. Their key people include the managing director, financial director, and legal director, who have years of experience in their respective fields.

Clients can contact KNIGHTS PROFESSIONAL SERVICES LIMITED through their website, where they can find detailed information about their services and contact details. The company's registered office address is located in London, ensuring easy accessibility for clients.

In summary, KNIGHTS PROFESSIONAL SERVICES LIMITED is a sustainable and customer-focused company that offers a wide range of professional services. With a team of experienced professionals and a commitment to sustainability, the company strives to provide exceptional services to its clients.

Financial Metrics

Cash
£3,824,000
Net Worth
-£62,953,000
Total Current Assets
£73,825,000
Total Current Liabilities
£133,301,000

Company Location