Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 88.31/100 qualifies for PaymentCheck Certification
| 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 2025 - 31 May 2026 | 03 Jun 2026 | 18 | 94% | 5% | 1% | 32% |
| 01 Jun 2025 - 30 Nov 2025 | 18 Dec 2025 | 24 | 92% | 6% | 2% | 28% |
| 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 Jun 2022 - 30 Nov 2022 | 19 Dec 2022 | 12 | 99% | 1% | 0% | 35% |
| 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 2019 - 31 May 2020 | 29 Jun 2020 | 35 | 61% | 26% | 13% | 13% |
| 01 Jun 2019 - 30 Nov 2019 | 20 Dec 2019 | 31 | 69% | 23% | 8% | 15% |
| 01 Dec 2018 - 31 May 2019 | 27 Jun 2019 | 31 | 68% | 25% | 7% | 16% |
| 01 Jun 2018 - 30 Nov 2018 | 19 Dec 2018 | 32 | 73% | 20% | 7% | 24% |
This information is as reported by the business, and responses are in their own words.
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 additional information
Maximum contractual payment period agreed
35
Invoices are not paid until they are approved by budget holders. Budget holders are responsible for resolving disputes in a reasonable and timely manner.
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
Kreston Reeves LLP is a UK accountancy, business and wealth advisory firm registered in Canterbury, Kent, operating across London, Kent and Sussex. It provides accounts and outsourcing, audit and assurance, corporate finance, taxation, wealth management, legal services and restructuring support to businesses, charities and not-for-profit organisations, and private individuals and families. It serves sectors including academies and education, agriculture, charities, creative and media, life sciences, manufacturing and real estate. The evidence states it has recently joined the AAB group, becoming part of that wider group while continuing to trade under the Kreston Reeves name. It is a Certified B Corporation.
Generated from the company's website and Companies House records. Sources: krestonreeves.com · krestonreeves.com · krestonreeves.com