KRESTON REEVES LLP
Company Information
- Company Number
- OC328775
- Registered Address
- 37 St Margarets Street, Canterbury, Kent, CT1 2TU
- Status
- Active
- Employee Count
- 462
- Turnover
- £44,457,000
- EBITDA
- £11,954,000
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 4 June 2007
- Industries
- Financial Services,Professional Services
- Region
- South East
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 Dec 2024 - 31 May 2025 | 16 Jun 2025 | 18 | 93% | 5% | 2% | 32% |
| 01 Jun 2024 - 30 Nov 2024 | 17 Dec 2024 | 19 | 94% | 5% | 1% | 26% |
| 01 Dec 2023 - 31 May 2024 | 18 Jun 2024 | 22 | 93% | 5% | 2% | 26% |
| 01 Jun 2023 - 30 Nov 2023 | 19 Dec 2023 | 22 | 93% | 6% | 1% | 26% |
| 01 Dec 2022 - 31 May 2023 | 29 Jun 2023 | 21 | 91% | 7% | 2% | 32% |
| 01 Dec 2021 - 31 May 2022 | 24 Jun 2022 | 29 | 81% | 10% | 9% | 9% |
| 01 Jun 2021 - 30 Nov 2021 | 13 Dec 2021 | 28 | 73% | 19% | 8% | 8% |
| 01 Dec 2020 - 31 May 2021 | 25 Jun 2021 | 27 | 78% | 14% | 8% | 8% |
| 01 Jun 2020 - 30 Nov 2020 | 18 Dec 2020 | 31 | 72% | 18% | 10% | 10% |
| 01 Dec 2018 - 31 May 2019 | 27 Jun 2019 | 31 | 68% | 25% | 7% | 16% |
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
The Firm’s standard terms are to pay suppliers within 30 days of the invoice date, subject to receiving a properly prepared invoice within a reasonable timeframe. A number of suppliers require immediate / shorter payment terms, these are processed consistently with other invoices.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No
Maximum contractual payment period agreed
35
Dispute Resolution Process
Invoices are not paid until they are approved by budget holders. Budget holders are responsible for resolving disputes in a reasonable and timely manner.
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
KRESTON REEVES LLP is a UK-based company that offers a wide range of professional services, including audit, tax, and advisory services. The company was founded in 2006 and has since grown to become one of the top 25 accountancy firms in the UK. KRESTON REEVES LLP is committed to sustainability and has implemented various programs to reduce its environmental impact.
Their sustainability program includes initiatives such as reducing paper usage, recycling, and using energy-efficient technology. The company also encourages its employees to use public transport or cycle to work, and offers flexible working arrangements to reduce carbon emissions.
In addition to their commitment to sustainability, KRESTON REEVES LLP offers a variety of products and services to their clients. These include audit and assurance, business tax, personal tax, corporate finance, and wealth management. They also provide specialist services such as forensic accounting, insolvency, and financial planning.
The key people at KRESTON REEVES LLP include Nigel Fright, the Managing Partner, and Clive Stevens, the Chairman. The company has over 500 employees across 10 offices located in London, Kent, and Sussex.
For more information on their services and sustainability program, you can visit their website at www.krestonreeves.com. Their registered office address is 37 St Margaret's Street, Canterbury, Kent, CT1 2TU, UK. Overall, KRESTON REEVES LLP is a reputable and sustainable company that provides high-quality professional services to its clients.
