BDO LLP

PaymentCheck Score 2025
68Fair
0.6vs last year
#2571 in UK
#299 in Financial Services
#1046 in London

Company Information

Company Number
OC305127
Registered Address
55 Baker Street, London, W1U 7EU
Status
Active
Employee Count
7,053
Turnover
£897,000,000
EBITDA
£210,800,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
18 July 2003
Industries
Financial Services,Professional Services
Region
London

Time to Pay

Average Time to Pay
34 days
Shortest Period:30 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
57%
31-60 Days
34%
After 60 Days
9%
Not Paid Within Terms38%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
04 Jan 2025 - 04 Jul 202529 Jul 20253556%36%8%29%
06 Jul 2024 - 03 Jan 202531 Jan 20253358%35%7%26%
30 Dec 2023 - 05 Jul 202430 Jul 20243457%34%9%38%
01 Jan 2022 - 01 Jul 202229 Jul 20223460%32%8%41%
03 Jul 2021 - 31 Dec 202128 Jan 20222867%27%6%39%
02 Jan 2021 - 02 Jul 202102 Aug 20213068%24%8%46%
04 Jul 2020 - 01 Jan 202129 Jan 20214149%40%11%63%
06 Jul 2019 - 03 Jan 202031 Jan 20203465%34%1%72%
01 Jan 2018 - 30 Jun 201830 Jul 20183646%43%11%76%

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

BDO Network Firms terms of 45 days is the most commonly used terms for the reporting period. Other individual contracts may vary. Where the standard terms of business of 30 days apply, T&C’s can be found at www.bdo.co.uk

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

45

Dispute Resolution Process

Disputes relating to supplier invoices should be communicated to P2P@bdo.co.uk

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

BDO LLP is a professional services firm that offers a wide range of services including audit, tax, and advisory services to clients across various industries. The company is headquartered in London, with offices in over 160 countries worldwide.

As part of their sustainability program, BDO LLP is committed to reducing their environmental impact by implementing sustainable practices in their operations. They also strive to promote diversity and inclusion within their workplace and support charitable causes through their corporate social responsibility efforts.

BDO LLP offers a variety of products and services to meet the needs of their clients. These include financial and risk management, business restructuring, and technology consulting services. They also specialize in providing audit and assurance services to help businesses comply with regulatory requirements and improve their financial performance.

Key people at BDO LLP include Paul Eagland, the Managing Partner, and Richard Austin, the Head of Sustainability. These leaders are responsible for driving the company's growth and sustainability initiatives.

For more information on BDO LLP and their services, individuals can visit their website at www.bdo.co.uk. The company's registered office address is 55 Baker Street, London, W1U 7EU, United Kingdom.

Financial Metrics

Cash
£39,100,000
Net Worth
-£48,600,000
Total Current Assets
£313,300,000
Total Current Liabilities
£155,700,000

Company Location