Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 88.5/100 qualifies for PaymentCheck Certification
GATELEY PLC demonstrates a strong payment trend with an average payment time of just 18 days, significantly faster than standard 30-day terms. A substantial 88% of invoices are consistently paid within 30 days, indicating efficient and prompt processing. While a small percentage (4%) extends beyond 60 days, the overall trajectory points to very healthy payment practices.
The high percentage of payments within 30 days (88%) suggests strong reliability and predictability for suppliers. Although 15% of payments are technically late, the low average payment time mitigates this concern, indicating most 'late' payments are still made relatively quickly. The 4% of payments exceeding 60 days represents the primary minor volatility and potential risk factor for extended payment cycles.
Overall, GATELEY PLC presents a highly favorable payment profile, making them a low-risk client for suppliers. Key decision factors include their average 18-day payment speed and the high likelihood (88%) of receiving payment within 30 days. Suppliers can proceed with confidence, perhaps monitoring any specific invoices that fall into the small "over 60 days" category to mitigate minimal long-tail risk.
| 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 2025 - 30 Apr 2026 | 31 May 2026 | 27 | 80% | 12% | 8% | 18% |
| 01 May 2025 - 31 Oct 2025 | 28 Nov 2025 | 20 | 86% | 9% | 5% | 24% |
| 01 Nov 2024 - 30 Apr 2025 | 30 May 2025 | 18 | 88% | 8% | 4% | 15% |
| 01 May 2024 - 31 Oct 2024 | 29 Nov 2024 | 20 | 86% | 9% | 5% | 20% |
| 01 Nov 2023 - 30 Apr 2024 | 30 May 2024 | 21 | 84% | 11% | 5% | 23% |
| 01 May 2023 - 31 Oct 2023 | 30 Nov 2023 | 21 | 83% | 11% | 5% | 26% |
| 01 Nov 2022 - 30 Apr 2023 | 30 May 2023 | 20 | 84% | 12% | 4% | 35% |
| 01 May 2022 - 31 Oct 2022 | 30 Nov 2022 | 31 | 63% | 24% | 13% | 50% |
| 01 Nov 2021 - 30 Apr 2022 | 30 May 2022 | 36 | 66% | 21% | 13% | 56% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 33 | 68% | 20% | 12% | 57% |
| 01 Nov 2020 - 30 Apr 2021 | 28 May 2021 | 40 | 68% | 18% | 14% | 54% |
| 01 May 2020 - 31 Oct 2020 | 30 Nov 2020 | 40 | 66% | 20% | 14% | 56% |
| 01 Nov 2019 - 30 Apr 2020 | 29 May 2020 | 39 | 51% | 33% | 16% | 64% |
| 01 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 37 | 53% | 33% | 15% | 65% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 34 | 59% | 30% | 11% | 60% |
| 01 May 2018 - 31 Oct 2018 | 30 Nov 2018 | 27 | 70% | 21% | 9% | 45% |
| 01 Nov 2017 - 30 Apr 2018 | 30 May 2018 | 36 | 66% | 23% | 11% | 52% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 36 | 57% | 27% | 16% | 58% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms for Gateley Plc 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
n/a
Maximum contractual payment period agreed
90
Queries are initially dealt with by our purchase ledger clerk, who liaises with the member of staff who ordered and authorised the expenditure. If no resolution is agreed the query is escalated to a Financial Director and ultimately the Chief Financial Officer to resolve.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Gateley plc is a listed professional services group headquartered in Birmingham. It combines legal services, provided through Gateley Legal, with building and property advisory services, leadership consultancy and intellectual property advisory work delivered through Gateley IP. The group describes itself as offering a one-stop shop for business clients, covering areas such as banking and finance, commercial, construction, corporate, dispute resolution, employment law, insurance, pensions, private client, property, regulatory and governance, restructuring and insolvency, and tax. It was formed and listed in 2015, incorporated as a public company registered at Companies House under the given number. Its own SIC classification records it as a solicitors' practice, though the wider group extends into related advisory disciplines beyond core legal work.
Generated from the company's website and Companies House records. Sources: gateleyplc.com · gateleyplc.com