EVELYN PARTNERS INVESTMENT MANAGEMENT LLP
Company Information
- Company Number
- OC369632
- 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
EVELYN PARTNERS INVESTMENT MANAGEMENT LLP exhibits an average payment time of 44 days, indicating a consistent tendency to pay beyond standard 30-day terms. A significant 73% of payments are late, with nearly half falling into the 31-60 day window and a notable 12% extending beyond 60 days. This trajectory suggests that suppliers should anticipate payments taking well over a month to process.
Volatility Analysis
Payment reliability is low, with 73% of invoices consistently paid late, making precise cash flow forecasting challenging for suppliers. While a large portion settles within 31-60 days, the 12% extending over 60 days introduces unpredictable delays for a material portion of transactions. This variability poses a significant risk to a supplier's working capital management and financial planning.
Summary Analysis
Suppliers should approach EVELYN PARTNERS with the expectation of consistently extended payment cycles, averaging 44 days and frequently exceeding 30 days. It is crucial to factor the 73% late payment rate and potential for payments beyond 60 days into cash flow projections and pricing strategies. Consider negotiating longer payment terms upfront or requesting partial upfront payments to mitigate the identified payment risk effectively.
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 | 44 | 48% | 40% | 12% | 73% |
| 01 May 2020 - 31 Dec 2020 | 28 Jan 2021 | 23 | 85% | 13% | 2% | 15% |
| 01 Nov 2019 - 30 Apr 2020 | 15 May 2020 | 21 | 92% | 8% | 0% | 8% |
| 01 May 2019 - 31 Oct 2019 | 25 Nov 2019 | 21 | 90% | 9% | 1% | 10% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 26 | 72% | 27% | 1% | 27% |
| 01 May 2018 - 31 Oct 2018 | 23 Nov 2018 | 24 | 96% | 0% | 4% | 4% |
| 01 Nov 2017 - 30 Apr 2018 | 29 May 2018 | 25 | 81% | 19% | 0% | 19% |
| 01 May 2017 - 31 Oct 2017 | 15 Nov 2017 | 15 | 100% | 0% | 0% | 0% |
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
EVELYN PARTNERS INVESTMENT MANAGEMENT LLP is an active limited liability partnership specialising in investment management. This entity focuses on the professional oversight and administration of investments.
The company holds the registration number OC369632 and has been active since its incorporation on 9 November 2011. Its registered office is located at 45 Gresham Street, London, United Kingdom, EC2V 7BG.
As an investment management limited liability partnership, this type of organisation typically provides services related to the professional oversight and administration of financial assets within the UK market.
