Score of 96.45/100 qualifies for PaymentCheck Certification
TRUE POTENTIAL LLP demonstrates a strong payment profile, with an average payment time of 18 days — well ahead of the standard 30-day benchmark. The vast majority of payments, 94%, are settled within 30 days, indicating a consistent and disciplined approach to accounts payable. Only a marginal 1% of payments extend beyond 60 days, suggesting that late payments are rare exceptions rather than a pattern of concern.
With 94% of payments within terms and a late payment rate of just 6%, TRUE POTENTIAL LLP presents a low-volatility, highly predictable payment profile. The 5% falling in the 31–60 day band is modest and unlikely to represent systemic cash flow issues, though it warrants light monitoring for any upward drift. Overall, the narrow spread across payment bands signals strong reliability with minimal risk of significant payment disruption.
TRUE POTENTIAL LLP represents a low-risk client for supplier engagement, with an 18-day average payment time and a 94% on-time payment rate providing strong grounds for confidence. Suppliers can reasonably extend standard credit terms, with little justification for requiring advance payment or shortened terms. As a precautionary measure, setting a soft alert for invoices approaching 30 days would provide an early warning mechanism to catch any future deterioration before it becomes material.
| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 18 | 94% | 5% | 1% | 6% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 19 | 99% | 1% | 0% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our default standard payment terms is 30 days. New suppliers are set up in line with terms on the invoice. For this period across the group there were 10 x Immediate ( I/C ) 4 x 10 days, 301 x 7 days, 86 x 14 days, 111 x 21 days, 290 x 30 days 1 x 45 days 0 x 60 days .
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None noted.
Maximum contractual payment period agreed
60
The dispute resolution process is as follows unless otherwise detailed in a relevant agreement. Invoices can be returned by invoice approvers via our accounting system (Workday) to the supplier invoice work area complete with comments if to be disputed – this then places the invoice back in draft. The invoice can be placed on hold and then chased / resolved with supplier or returned to the approver via Workday by the purchase ledger team. We aim to resolve disputes in a timely manner. This is, however, dependent, in part, on timely responses from the supplier to rectify any issues.
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
TRUE POTENTIAL LLP is a limited liability partnership operating in the financial services sector, as indicated by its trading name. The organisation is structured as an LLP, a business model commonly adopted by professional services firms in the United Kingdom.
TRUE POTENTIAL LLP is registered with Companies House under company number OC380771 and holds active status. The company was incorporated on 5 December 2012 and is headquartered in the North East of England, with its registered office located at Newburn House Gateway West, Newburn Riverside, Newcastle Upon Tyne, Tyne And Wear, NE15 8NX.
Limited liability partnerships of this nature in the UK financial services sector typically provide services such as wealth management, investment planning, and financial advisory solutions to individuals and businesses. Such organisations operate within a regulated framework, delivering professional guidance on areas including pensions, savings, and portfolio management.
As an active LLP with over a decade of incorporation, TRUE POTENTIAL LLP represents an established presence within the North East business community and the broader UK financial services landscape.