PRICEWATERHOUSECOOPERS LLP
Company Information
- Company Number
- OC303525
- Registered Address
- 1 Embankment Place, London, WC2N 6RH
- Status
- Active
- Employee Count
- 32,640
- Turnover
- £5,157,000,000
- EBITDA
- £1,538,000,000
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 9 December 2002
- 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 20 | 97% | 3% | 0% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 25 | 84% | 11% | 5% | 24% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 28 | 77% | 20% | 3% | 30% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 26 | 92% | 7% | 1% | 20% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 24 | 87% | 9% | 4% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 26 | 98% | 2% | 0% | 4% |
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
Under PricewaterhouseCoopers LLP's standard contractual terms we commit to the payment of all undisputed sums properly due to third party suppliers within 30 days of receipt of a valid invoice in PwC’s central processing centre, payables.invoices@uk.pwc.com. The substantial majority, in volume and value, of supplier expenditure for the PwC UK Firm is procured through PricewaterhouseCoopers Services Limited, a subsidiary company whose principal activity is to provide professional and support services to PricewaterhouseCoopers LLP. The payment practices and performance in respect of this expenditure is included in the separate Duty to Report submission for PricewaterhouseCoopers Services Limited.
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
Standard contracts: For PwC standard contracts we seek to resolve any issues in the first instance between the authorised representatives of the firm and the supplier. Both parties should, where possible, meet within five days of the dispute arising and should continue to perform their relevant obligations, whilst working together to resolve the dispute. If the matter cannot be resolved, the issue may require escalation to senior members of both the supplier and PwC. Should it be required, the firm will seek the assistance of the mediation services of the Centre for Effective Dispute Resolution (CEDR) - for more information: https://www.cedr.com/commercial/. Implied contracts: The above process will also apply where there is no formal contract in place. The authorised representative will be the supplier’s main contact with PwC for these purchases (typically the person who ordered the goods or services and who has been named on the invoice).
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
PRICEWATERHOUSECOOPERS LLP (PwC) is a multinational professional services network headquartered in London, UK. It provides audit, assurance, tax, and consulting services to a wide range of clients, including some of the world's largest companies.
In terms of sustainability, PwC has a strong commitment to environmental, social, and governance (ESG) factors and has developed a comprehensive sustainability program. This includes reducing their own carbon footprint, promoting diversity and inclusion, and supporting communities through pro bono work and charitable donations.
PwC's services and products are designed to help companies navigate complex business challenges and improve their sustainability performance. This includes providing guidance on ESG reporting, sustainability strategy, and risk management.
The key people at PwC include its Chairman and Senior Partner, Kevin Ellis, and its Global CEO, Bob Moritz. Both are actively involved in driving PwC's sustainability efforts and have been recognized for their leadership in this area.
PwC's registered office address is 1 Embankment Place, London, WC2N 6RH, UK. Their website, www.pwc.co.uk, provides more information on their services, sustainability initiatives, and contact details for their various offices around the world.
