Score of 89.77/100 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 Apr 2024 - 30 Sept 2024 | 17 Dec 2024 | 19 | 92% | 7% | 1% | 8% |
| 01 Apr 2023 - 31 Mar 2024 | 10 Jul 2024 | 23 | 76% | 23% | 1% | 24% |
| 01 Apr 2022 - 31 Mar 2023 | 10 Jul 2024 | 25 | 73% | 23% | 4% | 27% |
| 01 Oct 2021 - 31 Mar 2022 | 10 Jul 2024 | 26 | 73% | 23% | 4% | 27% |
| 01 Apr 2021 - 30 Sept 2021 | 03 Mar 2022 | 21 | 81% | 18% | 1% | 19% |
| 01 Apr 2020 - 31 Mar 2021 | 03 Mar 2022 | 21 | 85% | 13% | 2% | 15% |
| 01 Apr 2019 - 31 Mar 2020 | 17 Dec 2020 | 24 | 76% | 20% | 4% | 24% |
| 01 Apr 2018 - 31 Mar 2019 | 17 Dec 2020 | 23 | 75% | 22% | 3% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
The company has a dedicated email address for vendors to submit invoices and invoice queries. The accounts payable team will reach out to the invoice contact if it is not clear why an invoice has not been approved for payment. Any payment disputes are considered by the relevant Head of Department and if necessary the Chief Financial and Operating Officer. Disputes will be resolved as soon as practicably possible.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Peel Hunt LLP is a London-based limited liability partnership operating in financial services. It is associated with activities in investment banking and corporate finance, wealth, asset and investment management, and trading platforms, alongside market research and data provision and analysis. The entity, registered in England, has been active since 2010 and operates from Liverpool Street in the City of London. Companies House records show it as an active limited liability partnership with designated corporate members overseeing its affairs. No further descriptive detail on specific client services or products is available from the records reviewed, but the listed industry classifications indicate a focus on capital markets and investment-related services rather than retail banking.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk