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 95.22/100 qualifies for PaymentCheck Certification
LANE CLARK & PEACOCK LLP consistently demonstrates excellent payment speed, with an average time of 22 days. A significant 97% of payments are completed within 30 days, indicating a highly positive and stable payment trajectory. This trend suggests a very efficient and predictable accounts payable process.
Payment reliability is exceptionally high, as 97% of invoices are settled promptly within 30 days. While a minor 3% fall into the 31-60 day window, there is absolutely no risk of payments extending beyond 60 days, ensuring high predictability. The extremely low 4% late payment rate minimizes any significant volatility or unexpected delays for suppliers.
LANE CLARK & PEACOCK LLP presents a very low payment risk profile, making them an excellent counterparty for suppliers. Suppliers can confidently expect reliable and timely settlements, as their payment performance is consistently strong. No specific risk mitigation strategies beyond standard business terms are warranted given their exemplary payment 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 Oct 2025 - 31 Mar 2026 | 27 Apr 2026 | 23 | 96% | 4% | 0% | 5% |
| 01 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 22 | 97% | 3% | 0% | 4% |
| 01 Oct 2024 - 31 Mar 2025 | 17 Apr 2025 | 22 | 97% | 2% | 1% | 3% |
| 01 Apr 2024 - 30 Sept 2024 | 09 Oct 2024 | 24 | 90% | 9% | 1% | 11% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 22 | 95% | 5% | 0% | 5% |
| 01 Apr 2023 - 30 Sept 2023 | 28 Oct 2023 | 25 | 86% | 12% | 2% | 15% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 24 | 91% | 7% | 2% | 10% |
| 01 Apr 2022 - 30 Sept 2022 | 18 Oct 2022 | 22 | 92% | 7% | 1% | 9% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 22 | 92% | 7% | 1% | 8% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 25 | 86% | 12% | 2% | 16% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 25 | 85% | 13% | 2% | 14% |
| 01 Apr 2020 - 30 Sept 2020 | 23 Oct 2020 | 25 | 86% | 12% | 2% | 14% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 21 | 86% | 13% | 1% | 16% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 22 | 87% | 12% | 1% | 16% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 22 | 86% | 12% | 2% | 16% |
| 01 Apr 2018 - 30 Sept 2018 | 19 Oct 2018 | 16 | 94% | 5% | 1% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 30 days from date of 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
Invoices in dispute go on hold, and are discussed between Accounts Payable, the internal budget holder and the supplier. We aim to promptly inform the supplier of the disputed item, work with the supplier to explain why the relevant item has been disputed; and reach a mutually acceptable outcome. Once resolved invoices will go on the next payment run in accordance with payment terms.
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
Lane Clark & Peacock LLP is a UK limited liability partnership registered in London, operating in the insurance, investment management and technology consultancy sectors. It provides actuarial, pensions, investment and risk consultancy services, along with related technology support, to clients in the financial services industry. Structured records identify its areas of activity as insurance, wealth and asset management, and technology consultancy and IT support. The firm has been registered since 2002 and remains an active LLP. No further detail on specific service lines, client types or corporate structure is available from the evidence supplied, but the company operates as a professional consultancy rather than as an insurer or asset manager itself.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk