TP BENNETT LLP

PaymentCheck Score 2025
78Good
#1872 in UK
#170 in Property
#803 in London

Company Information

Company Number
OC315685
Registered Address
One America Street, London, SE1 0NE
Status
Active
Employee Count
309
Turnover
£43,619,000
EBITDA
£12,686,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
18 October 2005
Industries
Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
34 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
56%
31-60 Days
33%
After 60 Days
11%
Not Paid Within Terms46%

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: 2024-10-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202530 Oct 20253481%17%2%32%
01 Apr 2023 - 30 Sept 202330 Oct 20233556%32%12%45%

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

TP Bennett LLP operates standard payment terms of 30 days; however, these terms can vary by individual supplier as needed. As a result, TP Bennett LLP has agreed payment terms with suppliers in the range of immediate payment to 60 days, with the most common payment term being 30 days.

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

60

Dispute Resolution Process

In the event of an invoice dispute or query, suppliers are advised to contact the credit controller via accounts@tpbennett.com, who will aim to resolve the dispute in a fair and timely manner, with any concerns escalated to the Head of Finance and finally, the Chief Financial & Operating Officer.

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

TP Bennett LLP is a leading architectural and design firm based in London, United Kingdom. Established in 1921, the company has a rich history of providing innovative and sustainable design solutions for a wide range of projects.

The firm's sustainability program focuses on incorporating eco-friendly practices and materials in their designs, as well as promoting energy efficiency and reducing carbon footprint. This is evident in their portfolio, which includes several award-winning sustainable buildings, such as the St. Pancras Renaissance Hotel and the Bloomberg European Headquarters.

TP Bennett offers a comprehensive range of services, including architecture, interior design, planning, and project management. They have a strong commitment to delivering high-quality and sustainable design solutions to their clients, which has earned them a reputation as a trusted and reliable partner in the industry.

The company is led by a team of experienced and talented individuals, including managing partner, David Blair, and design director, Paul Mewes. They are supported by a team of over 300 professionals, who are dedicated to delivering exceptional design solutions.

For more information on TP Bennett LLP, their projects, and services, interested individuals can visit their website at www.tpbennett.com. The company's registered office address is located at 1 High Holborn, London, WC1V 6EA, United Kingdom.

Financial Metrics

Cash
£9,546,235
Net Worth
£13,321,707
Total Current Assets
£25,194,725
Total Current Liabilities
£11,349,146

Company Location