PERELLA WEINBERG UK LIMITED

PaymentCheck Score 2024
90Excellent
5.2vs last year
#974 in UK
#457 in London

Company Information

Company Number
12201504
Registered Address
80 Charlotte Street, 3rd Floor, London, England, W1T 4DF
Status
Active
Employee Count
161
Turnover
£119,281,000
EBITDA
-£14,289,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 September 2019
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
20 days
Shortest Period:1 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
88%
31-60 Days
8%
After 60 Days
4%
Not Paid Within Terms12%

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: 2024-07-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202428 Jul 20242088%8%4%12%
01 Jan 2023 - 30 Jun 202326 Jul 20231493%5%2%7%
01 Jul 2022 - 31 Dec 202219 Jan 20231692%7%1%8%
01 Jan 2022 - 30 Jun 202219 Jan 20231693%5%2%7%
01 Jan 2021 - 30 Jun 202128 Jul 20211988%9%3%12%

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

Standard payment terms for 'goods not for resale' - PWP's standard payment terms are "payment within 30 days". Unless alternative terms have been agreed between PWP and the supplier. There are two notable exceptions to this: (i) for external law firms, we do not specify a contractual payment period, but generally commit to paying law firm invoices within 60 days from the date of receipt of a valid invoice; (ii) for certain external human resources (“HR”) consultants and/or recruiters, we may require additional time for our HR staff to analyse and confirm the amounts owed due to the confidential nature of these services. - Standard payment terms for 'goods for resale' (Non-food) – N/A - Standard payment terms for all other 'goods for resale' (food, non-food grocery, entertainment etc.) - N/A

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

Disputes between PWP and a Supplier are handled by the PWP Accounts Payable team and the department responsible for managing the Supplier relationship. Any disputes will be resolved as soon as practically possible

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

PERELLA WEINBERG UK LIMITED is a leading financial advisory firm based in London. The company offers a wide range of services including mergers and acquisitions, restructuring, and capital raising to clients in the UK and globally.

The company places a strong emphasis on sustainability, with a commitment to minimizing their environmental impact and promoting ethical business practices. They have implemented various initiatives to reduce their carbon footprint, such as using renewable energy sources and promoting sustainable practices within their supply chain.

PERELLA WEINBERG UK LIMITED also offers a diverse range of products and services to their clients, including strategic advice on transactions, risk management, and capital structure optimization. They work with a wide range of industries, including healthcare, technology, and energy.

The key people at PERELLA WEINBERG UK LIMITED include Robert Steel, the CEO, and Peter Weinberg, the Chairman. They have a team of experienced professionals who bring a wealth of knowledge and expertise to the company.

For more information on their services and sustainability program, interested parties can visit their website at www.pwuk.com. The registered office address for PERELLA WEINBERG UK LIMITED is located at 10 Gresham Street, London, EC2V 7JD. Overall, PERELLA WEINBERG UK LIMITED is a reputable and sustainable financial advisory firm, committed to providing top-notch services to their clients while promoting responsible business practices.

Financial Metrics

Cash
£13,076,669
Net Worth
£50,101,930
Total Current Assets
£81,086,796
Total Current Liabilities
£39,597,326

Company Location