Industry ranking
Score of 95/100 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 Jul 2024 - 31 Dec 2024 | 14 Jan 2025 | 13 | 98% | 1% | 1% | 14% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 14 | 92% | 7% | 1% | 15% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 12 | 96% | 2% | 2% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 13 | 93% | 6% | 1% | 12% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 12 | 94% | 5% | 1% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 12 | 97% | 3% | 0% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 12 | 96% | 4% | 0% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 11 | 99% | 1% | 0% | 13% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 13 | 95% | 4% | 1% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 13 | 95% | 4% | 1% | 31% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 10 | 99% | 0% | 1% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 15 | 94% | 6% | 0% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 15 | 91% | 9% | 0% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 14 | 94% | 6% | 0% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Longview Partners LLP ("the LLP") maintains contracts with suppliers of financial and non-financial services. This statement relates only to our contractual arrangements with non-financial service providers. The LLP does not maintain a policy in relation to payment terms with its suppliers of non-financial services. Instead, we are bound by the terms provided by the vendor. This is usually a standard 14 or 30 day payment period.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The LLP does not currently offer e-invoicing or supply chain finance and it is not a member of a payment code of conduct. The LLP does not deduct any sums from suppliers to remain on supplier lists. The invoices are recorded by the LLP on the date in which the invoice is posted to the LLP's accounting software. The LLP endeavours to post all invoices on the date of receipt.
Maximum contractual payment period agreed
30
The LLP does not maintain a policy in relation to resolving disputes with such suppliers. If a dispute occurs with such suppliers the complaint or concern will be considered by the relevant department head, and if necessary by the Executive Committee. Discussions will be held with such suppliers with the outlook to resolve said complaint or concern in a 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.
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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
Longview Partners LLP is a specialist asset management firm focused entirely on managing global equity portfolios. The firm, first established in 2001, invests in a concentrated portfolio of global equities, seeking to generate long-term alpha through a disciplined, objective and consistent investment process. It is authorised and regulated by the Financial Conduct Authority and provides its services to institutional investors, investment professionals and eligible counterparties rather than retail clients. The firm operates alongside a related Guernsey entity that serves clients outside the UK. Longview Partners LLP is registered in London and forms part of the wider Longview Partners investment management business.
Generated from the company's website and Companies House records. Sources: longview-partners.com