MENZIES LLP

PaymentCheck Score 2025
69Fair
1.3vs last year
#2490 in UK
#297 in Financial Services
#412 in South East

Company Information

Company Number
OC336077
Registered Address
Suite A 1st Floor Midas House, 62 Goldsworth Road, Woking, Surrey, GU21 6LQ
Status
Active
Employee Count
475
Turnover
£58,605,000
EBITDA
£21,266,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
1 April 2008
Industries
Financial Services
Region
South East

Time to Pay

Average Time to Pay
34 days
Shortest Period:6 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
62%
31-60 Days
32%
After 60 Days
6%
Not Paid Within Terms38%

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: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202531 Jul 20253462%32%6%38%
01 Jul 2024 - 31 Dec 202428 Jan 20253167%29%4%33%
01 Jan 2024 - 30 Jun 202430 Jul 20243358%38%4%42%
01 Jul 2023 - 31 Dec 202331 Jan 20243165%32%3%35%
01 Jul 2022 - 31 Dec 202217 Jan 20233452%46%2%48%
01 Jan 2022 - 30 Jun 202225 Jul 20223646%48%6%54%
01 Jan 2021 - 30 Jun 202129 Jul 20213847%46%7%53%
01 Jul 2020 - 31 Dec 202013 Jan 20214042%43%15%58%
01 Jan 2019 - 30 Jun 201916 Jul 20192381%17%2%19%

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 vast majority are 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

Operational heads have responsibility for approving or disputing invoices for payment

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

MENZIES LLP is a leading accounting and advisory firm based in the United Kingdom. They offer a wide range of services including audit, tax, advisory, and outsourcing services to clients in various industries.

The firm is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a sustainability program in place to promote responsible business practices, reduce their carbon footprint, and support local communities.

MENZIES LLP offers a variety of products and services to their clients, including financial reporting, tax planning, and business advisory services. They also provide specialized services in areas such as corporate finance, restructuring, and forensic accounting.

The firm is led by a team of experienced and dedicated professionals, including managing partner Julie Adams. They have a strong focus on providing high-quality services and building strong relationships with their clients.

To learn more about MENZIES LLP and their services, you can visit their website at www.menzies.co.uk. Their registered office address is 6th Floor 107 Cheapside, London, EC2V 6DN. They also have several offices located across the UK for convenient access to their services.

Financial Metrics

Cash
£11,081,829
Net Worth
£20,627,452
Total Current Assets
£30,342,108
Total Current Liabilities
£8,087,891

Company Location