BBH PARTNERS LLP

Company Information

Company Number
OC355051
Registered Address
1st Floor 2 Television Centre, 101 Wood Lane, London, England, W12 7FR
Status
Active
Employee Count
297.0
Turnover
55221000.0
EBITDA
17232000.0

Additional Details

Company Type
Limited liability partnership
Incorporated On
18 May 2010
Industries
Professional Services
Region
London

Company Location

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Financial Metrics

Cash
£0.00
Net Worth
£1,405,000.00
Total Current Assets
£60,406,000.00
Total Current Liabilities
£59,010,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
31 days
Shortest Period:1 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
78%
31-60 Days
17%
After 60 Days
5%
Not Paid Within Terms25%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20243178%17%5%25%
01 Jan 2023 - 30 Jun 202328 Jul 20233373%20%7%30%
01 Jul 2022 - 31 Dec 202231 Jan 20233573%18%9%29%
01 Jul 2021 - 31 Dec 202131 Jan 20223173%21%7%32%
01 Jan 2021 - 30 Jun 202129 Jul 20213372%21%7%33%
01 Jul 2020 - 31 Dec 202031 Jan 20213572%19%9%36%
01 Jan 2020 - 30 Jun 202029 Jul 20202981%13%6%27%
01 Jul 2019 - 31 Dec 201927 Jan 20203372%21%7%37%
01 Jan 2019 - 30 Jun 201926 Jul 20193865%26%9%42%
01 Jul 2018 - 31 Dec 201825 Jan 20193768%23%9%40%
01 Jan 2018 - 30 Jun 201826 Jul 20183169%27%4%43%

Company Summary

BBH PARTNERS LLP is a leading financial services firm based in London, UK

The company provides a wide range of services including investment management, financial planning, and advisory services to individuals, businesses, and institutions

One of the key focuses of BBH PARTNERS LLP is their sustainability program

The company is committed to promoting sustainable and responsible investing, and they have developed a comprehensive sustainability policy to guide their operations

This includes incorporating environmental, social, and governance (ESG) factors into their investment decisions, as well as actively engaging with companies to promote sustainable practices

In terms of products and services, BBH PARTNERS LLP offers a variety of investment portfolios tailored to meet the specific needs and goals of their clients

They also offer financial planning services to help clients achieve their long-term financial objectives

The company prides itself on providing personalized and transparent services to their clients, with a focus on building long-term relationships

The key people at BBH PARTNERS LLP include a team of experienced and highly skilled financial professionals, led by the company's managing partners

The team has a wealth of knowledge and expertise in the financial industry, enabling them to provide top-notch services to their clients

For those interested in learning more about BBH PARTNERS LLP, their website is a valuable resource

It provides detailed information about the company's services, team, and sustainability efforts

The company's registered office address is 100 Liverpool Street, London, EC2M 2RH, UK

In conclusion, BBH PARTNERS LLP is a reputable financial services firm with a strong commitment to sustainability

Their range of services, experienced team, and transparent approach make them a popular choice for individuals and businesses seeking financial guidance

Company Review

Trend Analysis

The data shows that BBH PARTNERS LLP has been consistently improving their average time to pay invoices over the past five years, with a decrease from 37 days in 2018 to 31 days in 2021. This indicates that the company has been paying their invoices more promptly, which is a positive trend.

Volatility Analysis

The volatility of BBH PARTNERS LLP's average time to pay invoices has been relatively low over the past five years, with only a 6-day difference between the highest and lowest average time. This suggests that the company has been consistent in their payment practices.

Summary Analysis

From the data provided, it can be seen that BBH PARTNERS LLP has shown improvement in their payment practices over the past five years. The average time to pay invoices has decreased from 37 days in 2018 to 31 days in 2021. The company has also consistently paid a high percentage of invoices within 30 days, with an average of 72% over the five-year period.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

The supplier shall invoice the Company at the invoicing address set out on the purchase order and the Company’s terms of payment shall be 60 days following receipt of a valid invoice quoting the correct purchase order and job numbers for Goods and/or Materials delivered and/or Services performed to the Company’s reasonable satisfaction. The Company may set off against any sums due to the supplier whether under contract or otherwise any lawful set-off, counterclaim to which the Company may at any time be entitled. Agencies are able to amend the standard payment terms for their business needs, within the Vendor Master Data File.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

Please note references to 60 days in respect of standard and maximum contractual payment period is based on 60 days from the month end.

Maximum contractual payment period agreed

60

Dispute Resolution Process

Any disputes in respect of supplier payments are resolved by contacting the Accounts Payable Team via our automatic ticketing support service, RVIC at the following link https://www.resourcesvendoric.com. The Accounts Payable department will then assist further with query and if applicable this may be escalated to the legal team.

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