Industry ranking
Score of 93/100 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 Nov 2023 - 30 Apr 2024 | 04 Jun 2024 | 19 | 87% | 11% | 2% | 0% |
| 01 May 2023 - 31 Oct 2023 | 15 Nov 2023 | 20 | 85% | 12% | 3% | 0% |
| 01 Nov 2019 - 30 Apr 2020 | 02 Jun 2020 | 19 | 89% | 9% | 2% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
FRP’s standard payment terms are 30 days, unless there are contractual or business obligations to make payments earlier. There were no changes to the standard payment terms in the reporting period and no notification to suppliers was required.
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
Disputes are resolved by the person/office which the invoice is sent to. Should it be necessary, the dispute is escalated to the finance director.
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
FRP Advisory Trading Limited is a UK-registered company that forms part of the FRP Advisory corporate group, being majority owned by Frp Advisory Group Plc. Companies House records its nature of business under the classification for management consultancy activities other than financial management. The entity acts as a member of FRP Advisory Services LLP, one of the operating partnerships within the wider FRP Advisory group structure, which provides professional advisory services. As a group holding and membership entity, it does not itself trade directly with clients but sits within the corporate arrangements supporting FRP Advisory's consultancy activities. It remains an active company registered in England and Wales.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk