TENEO FINANCIAL ADVISORY LIMITED

PaymentCheck Score 2024
88Good
New Entry
#1270 in UK
#592 in London

Company Information

Company Number
13192958
Registered Address
11 Pilgrim Street, London, United Kingdom, EC4V 6RN
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
10 February 2021
Nature of Business
70221 - Financial management
70229 - Management consultancy activities other than financial management
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
27 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
88%
31-60 Days
6%
After 60 Days
6%
Not Paid Within Terms13%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Company Review

Trend Analysis

TENEO FINANCIAL ADVISORY LIMITED demonstrates a strong trend of timely payments, with an average payment time of 27 days. A significant majority (88%) of invoices are settled within 30 days, indicating consistent adherence to short payment terms. The overall trajectory points to efficient payment processing for most transactions.

Volatility Analysis

Despite the high rate of prompt payments, the 13% late payment rate, specifically the 6% over 60 days, introduces a moderate level of unpredictability for a portion of invoices. This indicates some inherent volatility where a minority of payments may experience significant delays. Suppliers should acknowledge this small but noticeable risk of extended payment cycles when forecasting cash flow.

Summary Analysis

Overall, TENEO FINANCIAL ADVISORY LIMITED presents a generally reliable payment profile, driven by their high rate of within-30-day settlements, making them a largely stable partner. Key decision factors should weigh the strong majority of prompt payments against the small but notable risk of 13% late payments, particularly the 6% exceeding 60 days. For critical supplies or large transactions, consider clear payment terms and potentially minor credit limits or staged payments to mitigate the risk from the smaller portion of potential outliers.

Performance Reports History

Reporting Period Filed: 2024-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 20252891%4%5%9%
01 Jan 2024 - 30 Jun 202431 Jul 20242788%6%6%13%

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

30 days from receipt of a supplier invoice

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

Our finance team aim to validate all invoices in a timely manner with any discrepancies or queries being promptly referred to the supplier for resolution. Disputes are generally resolved through discussions between our finance team and the supplier.

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

TENEO FINANCIAL ADVISORY LIMITED operates as an active private limited company, specialising in financial advisory services. The company provides expert guidance and consultation in various financial matters.

The company was incorporated on 10 February 2021, registered under company number 13192958. Its registered office is located at 11 Pilgrim Street, London, United Kingdom, EC4V 6RN.

Financial advisory firms in the UK typically offer a range of services designed to help individuals and businesses manage their finances. These commonly include wealth management, investment advice, retirement planning, and strategic financial planning to achieve client objectives.

Financial Metrics

Cash
£4,200,000
Net Worth
£14,100,000
Total Current Assets
£268,600,000
Total Current Liabilities
£147,500,000

Company Location