KPMG INTERNATIONAL SERVICES LIMITED
Company Information
- Company Number
- 12475099
- Registered Address
- 15 Canada Square, London, E14 5GL
- Status
- Active
- Employee Count
- 269
- Turnover
- £1,395,240,000
- EBITDA
- £120,215,000
Additional Details
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 20 February 2020
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 33 | 65% | 28% | 7% | 15% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 41 | 43% | 43% | 14% | 29% |
| 01 Oct 2023 - 31 Mar 2024 | 25 Apr 2024 | 41 | 40% | 48% | 12% | 28% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 39 | 49% | 40% | 12% | 20% |
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
Except as outlined below, standard payment terms with third party suppliers are 45 days. The Company shall make payment upon 45 days of receipt of a correct and complete invoice. If any of this information is omitted, then the invoice will be rejected and the supplier will be required to re-submit a correct invoice for processing (which will not begin until all the information has been provided). Standard payment terms with third party suppliers that the Company contracts with using our standard purchase order terms are 60 days. Standard purchase order terms are typically only used if either (i) total annual spend is below $500,000, and (ii) transaction spend is less than $200,000 and the use of our standard purchase order terms typically reduces the amount of time spent by the parties on agreeing contract terms. With respect to services that KPMG member firms provide to the Company, our standard payment terms require member firms to submit invoices to KISL and such invoices are payable 45 days after invoice receipt.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Payments are made to external third party suppliers and also to KPMG member firms as suppliers to the Company. The payment statistics therefore include the overall position of payments made to suppliers within the KPMG network as well as third party suppliers outside of the KPMG network. During the reporting period, 27% of payments were made to external third party suppliers outside of the KPMG network as compared to 73% to KPMG member firms. If the statistics only included payments to external third party suppliers, they would be as follows for the period 1 October 2024 to 31 March 2025: Average time taken to pay invoices (in whole number of days): 32 days Percentage of invoices paid within 30 days: 64% Percentage of invoices paid in 31 to 60 days: 31% Percentage of invoices paid in 61 days or more: 5% Invoices due but not paid in accordance with agreed terms: 14%
Maximum contractual payment period agreed
60
Dispute Resolution Process
KPMG’s core values include being committed to our communities and acting with integrity. We therefore endeavour to resolve all disputes in a fair and timely manner. The Company has a Global Procurement function which is responsible for the supplier relationships including ongoing management of supplier contracts. Through this, the Company engages collaboratively with suppliers to ensure parties are appropriately informed of their requirements and perspectives and manages disputes and issues with suppliers.
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.
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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
Company Summary
KPMG INTERNATIONAL SERVICES LIMITED is a global professional services firm that provides audit, tax, and advisory services to clients in various industries. The company is a subsidiary of KPMG International, one of the "Big Four" accounting firms.
The company's sustainability program focuses on reducing its environmental impact, promoting diversity and inclusion, and fostering a culture of responsible business practices. KPMG International Services Limited also works with clients to help them achieve their sustainability goals.
In terms of products and services, KPMG International Services Limited offers a wide range of services including audit and assurance, tax planning and compliance, and consulting services. They also provide advisory services related to mergers and acquisitions, risk management, and regulatory compliance.
The key people at KPMG International Services Limited include Bill Thomas, the Global Chairman, and CEO, and Melanie Richards, the Deputy Global Chairman. They lead a team of experienced professionals who work to provide high-quality services to clients around the world.
The company's website, www.kpmg.com, offers information about their services, industry insights, and thought leadership articles. The registered office address for KPMG International Services Limited is 15 Canada Square, London, E14 5GL, United Kingdom.
Overall, KPMG INTERNATIONAL SERVICES LIMITED is a reputable and globally recognized firm that offers a wide range of professional services while also prioritizing sustainability and responsible business practices.
