S&W PARTNERS LLP
Company Information
- Company Number
- OC369631
- Registered Address
- 45 Gresham Street, London, United Kingdom, EC2V 7BG
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 9 November 2011
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
S&W PARTNERS LLP displays a concerning trend of slow payments, evidenced by an average payment time of 89 days significantly exceeding standard terms. Only 55% of invoices are settled within 30 days, indicating a consistent trajectory towards extended payment cycles for a substantial portion of transactions. This established pattern, with 80% of payments categorized as late, highlights a persistent issue with timely remittance.
Volatility Analysis
The payment reliability of S&W PARTNERS LLP is low, with a significant 80% of all payments being late, creating substantial cash flow uncertainty for suppliers. Predictability is further compromised by 20% of payments extending beyond 60 days, indicating a lack of consistent adherence to payment schedules. This variability in payment timing represents a considerable risk factor for operational planning and working capital management.
Summary Analysis
Suppliers should approach S&W PARTNERS LLP with caution due to the high average payment time of 89 days and 80% late payment rate, necessitating careful consideration of payment terms. Key decision factors involve evaluating the necessity for stricter upfront payment requirements or shorter net payment terms to protect cash flow. Implementing robust credit monitoring and potentially exploring options for late payment penalties could help mitigate the identified high payment risk.
Performance Reports History
| 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 Jan 2021 - 30 Jun 2021 | 05 Aug 2021 | 89 | 55% | 25% | 20% | 80% |
| 01 May 2020 - 31 Dec 2020 | 28 Jan 2021 | 20 | 80% | 18% | 2% | 20% |
| 01 Nov 2019 - 30 Apr 2020 | 15 May 2020 | 17 | 95% | 5% | 0% | 6% |
| 01 May 2019 - 31 Oct 2019 | 25 Nov 2019 | 20 | 91% | 8% | 1% | 9% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 27 | 69% | 29% | 2% | 31% |
| 01 May 2018 - 31 Oct 2018 | 23 Nov 2018 | 24 | 86% | 14% | 0% | 15% |
| 01 Nov 2017 - 30 Apr 2018 | 29 May 2018 | 29 | 71% | 21% | 9% | 28% |
| 01 May 2017 - 31 Oct 2017 | 15 Nov 2017 | 34 | 62% | 33% | 5% | 38% |
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
Firm policy is to pay suppliers within the agreed credit terms of 30 days. Minor payment delays occur when an invoice is received shortly after the weekly payment run. Disputed amounts may also result in processing delays. There is no stipulated maximum contractual payment period.
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
Dispute Resolution Process
Any payment disputes are considered by the relevant department head and, if necessary, the Group Financial Controller. Disputes are usually resolved within 30 days from the date the dispute was raised.
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
S&W PARTNERS LLP operates as an active limited liability partnership. This corporate structure facilitates a partnership business whilst offering limited liability to its members.
The organisation was incorporated on 9 November 2011, identified by company number OC369631. Its registered office is situated in London, United Kingdom, at 45 Gresham Street, EC2V 7BG.
Limited liability partnerships in the UK commonly provide professional services, including legal, accounting, or consulting expertise. This structure is typically utilised by professional firms seeking to combine collective knowledge and offer specialised services to clients.
