BARNETT WADDINGHAM LLP

PaymentCheck Score 2023
86Good
22.9vs last year
#1307 in UK
#206 in Financial Services
#611 in London

Company Information

Company Number
OC307678
Registered Address
2 London Wall Place, London, England, EC2Y 5AU
Status
Active
Employee Count
1,411
Turnover
£145,781,000
EBITDA
£40,070,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
16 April 2004
Industries
Financial Services,Healthcare And Wellbeing
Region
London

Time to Pay

Average Time to Pay
15 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
86%
31-60 Days
14%
After 60 Days
0%
Not Paid Within Terms14%

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: 2023-03-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jun 2023 - 30 Nov 202301 Mar 20243077%18%5%23%
01 Dec 2022 - 31 May 202301 Mar 20242997%1%3%0%
01 Jun 2022 - 30 Nov 202223 Mar 20232558%9%33%42%
01 Dec 2021 - 31 May 202223 Mar 20237966%2%31%33%
01 Jun 2021 - 30 Nov 202123 Mar 20235437%3%60%63%
01 Nov 2020 - 31 May 202123 Mar 20231586%14%0%14%
01 Jun 2020 - 30 Nov 202017 Dec 20202177%22%1%23%
01 Dec 2018 - 31 May 201927 Jun 20191692%8%0%8%

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

Standard payment terms with Barnett Waddingham is 30 days.

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

Any dispute on invoice to be resolved by the department requesting service or goods at the earliest in conjunction with the finance team and payment processed accordingly.

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

BARNETT WADDINGHAM LLP is a leading UK-based professional services firm that specializes in providing a wide range of services to businesses, individuals, and pension schemes. The company has been in operation for over 30 years and has established a strong reputation for its high-quality services and commitment to sustainability.

The company offers a variety of services including actuarial consulting, pension scheme administration, risk management, investment advice, and employee benefit consulting. They work with clients from various industries, including corporate, public sector, and not-for-profit organizations.

BARNETT WADDINGHAM LLP has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact. The company has achieved carbon neutrality by offsetting its carbon emissions through investments in renewable energy projects. They also have a recycling program in place and encourage their employees to use public transport or cycle to work.

The company's key people include Andrew Vaughan, the Senior Partner, and Nick Griggs, the Managing Partner. They lead a team of experienced professionals who are dedicated to providing exceptional service to their clients.

For more information about BARNETT WADDINGHAM LLP and its services, you can visit their website at www.barnett-waddingham.co.uk. Their registered office address is Barnett Waddingham LLP, Cheapside House, 138 Cheapside, London, EC2V 6BW, United Kingdom.

Financial Metrics

Cash
£15,441,175
Net Worth
£45,945,123
Total Current Assets
£63,352,817
Total Current Liabilities
£21,422,800

Company Location