MSR PARTNERS LLP
Company Information
- Company Number
- OC313071
- Registered Address
- 55 Baker Street, London, United Kingdom, W1U 7EU
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 3 May 2005
- Industries
- Financial Services, Information Technology, Telecommunications And Data, Professional Services, Safety And Security, Telecommunications
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
MSR PARTNERS LLP demonstrates a trend of extended payment cycles, with an average payment time of 61 days. While 52% of invoices are paid within 30 days, a substantial 48% are consistently paid late, indicating a trajectory where suppliers should anticipate longer collection periods for nearly half of their transactions. The 17% of payments extending beyond 60 days further reinforces this pattern of delayed settlement.
Volatility Analysis
The payment behavior of MSR PARTNERS LLP exhibits significant volatility and unpredictability, as almost half (48%) of payments are made after the initial 30-day terms. The considerable 17% of payments extending beyond 60 days introduces a high risk factor for supplier cash flow predictability. This split payment profile makes reliable forecasting of collection times challenging for a significant portion of invoices.
Summary Analysis
Suppliers should approach MSR PARTNERS LLP with caution, considering the high average payment time of 61 days and the substantial 48% late payment rate as key decision factors. It is recommended to implement strict credit limits and closely monitor payment behavior to manage potential cash flow impacts. To mitigate risk, consider negotiating shorter payment terms or requesting partial upfront payments for significant orders.
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 Feb 2019 - 31 Oct 2019 | 20 Nov 2019 | 61 | 52% | 32% | 17% | 48% |
| 01 Nov 2018 - 31 Jan 2019 | 22 May 2019 | 31 | 61% | 33% | 6% | 38% |
| 01 May 2018 - 31 Oct 2018 | 26 Nov 2018 | 33 | 59% | 33% | 8% | 41% |
| 01 Nov 2017 - 30 Apr 2018 | 24 May 2018 | 32 | 59% | 34% | 7% | 41% |
| 01 May 2017 - 31 Oct 2017 | 27 Nov 2017 | 29 | 58% | 39% | 3% | 42% |
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
MSR Partners' standard payment terms are thirty days from our receipt of a valid and accurate invoice. If the invoice is received during a working day, the thirty days will begin from the next working day.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
On 1st February 2019 Moore Stephens LLP merged with BDO LLP and almost all supplier contracts were novated to the combined business. Moore Stephens LLP was renamed as MSR Partners LLP at the date of the merger.
Maximum contractual payment period agreed
30
Dispute Resolution Process
MSR Partners is committed to acting fairly and with integrity in its interaction with all of its suppliers. A dedicated Accounts Payable team serves as the first point of liaison in the dispute resolution process who are supported by a defined excalation process to senior finance and legal officials as may be required in occasional circumstances.
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.
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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
Company Summary
MSR PARTNERS LLP is an active limited liability partnership. The 'Partners' designation within its name, coupled with its LLP structure, signifies its operation as a professional services firm.
The company was incorporated on 3 May 2005 and operates under company number OC313071. Its registered office is located at 55 Baker Street, London, United Kingdom, W1U 7EU.
Limited liability partnerships in the UK typically specialise in providing professional services. These commonly encompass areas such as accounting, legal advice, management consultancy, tax advisory, and other forms of expert business support.
