FRANCIS CLARK LLP

PaymentCheck Score 2025
94Excellent
1.1vs last year
#577 in UK
#120 in Financial Services
#19 in South West

Company Information

Company Number
OC349116
Registered Address
Sigma House Oak View Close, Edginswell Park, Torquay, Devon, TQ2 7FF
Status
Active
Employee Count
865
Turnover
£66,335,000
EBITDA
£15,249,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
30 September 2009
Industries
Financial Services
Region
South West

Time to Pay

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

Payment Timeline

Within 30 Days
89%
31-60 Days
9%
After 60 Days
2%
Not Paid Within Terms9%

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: 2025-04-25
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 202524 Oct 20251590%8%2%8%
01 Oct 2024 - 31 Mar 202525 Apr 20251689%9%2%9%
01 Oct 2023 - 31 Mar 202430 Apr 20241789%7%4%10%
01 Apr 2023 - 30 Sept 202331 Oct 20231687%10%3%14%
01 Apr 2022 - 30 Sept 202226 Oct 20222185%10%5%12%
01 Apr 2021 - 30 Sept 202122 Oct 20213482%13%5%15%
01 Oct 2020 - 31 Mar 202105 May 20212482%14%4%15%
01 Apr 2020 - 30 Sept 202013 Oct 20203569%22%9%24%
01 Apr 2019 - 30 Sept 201929 Oct 20192582%13%5%14%

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

Our standard terms of business are for payment within 30 days of receipt of invoice, unless otherwise agreed.

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

Disputes related to payments are in the first instance discussed between the requisitioner and the supplier concerned. Where this fails to resolve any dispute, the matter is escalated to the Financial Director and Management Board, where this will be normally considered within one month of notification.

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

FRANCIS CLARK LLP is a leading chartered accountancy and business advisory firm based in the UK. They offer a wide range of services including accounting, tax planning, business consulting, and financial planning to clients across various industries.

The company has a strong focus on sustainability and is committed to reducing their environmental impact. They have implemented various sustainability initiatives such as promoting green office practices, reducing paper usage, and using energy-efficient technology.

FRANCIS CLARK LLP also offers sustainable solutions to their clients, helping them to achieve their own sustainability goals. This includes providing advice on carbon footprint reduction, renewable energy strategies, and sustainable procurement.

Their team of experts is led by key people such as Managing Partner, Les Burnett, and Head of Sustainability, Angela Leighton. They are dedicated to delivering high-quality services and creating a positive impact on the environment.

The firm has multiple offices located throughout the UK, with their registered office address at Vantage Point, Woodwater Park, Pynes Hill, Exeter EX2 5FD. Their website, www.frankly.co.uk, provides more information on their services, sustainability program, and contact details.

Financial Metrics

Cash
£2,782,000
Net Worth
£11,251,000
Total Current Assets
£24,685,000
Total Current Liabilities
£14,381,000

Company Location