Score of 97.6/100 qualifies for PaymentCheck Certification
The average time to pay for STHREE PARTNERSHIP LLP has been decreasing over the past three periods, going from 20 days in Dec 2017 to 12 days in May 2023. This shows a trend of improving efficiency in paying invoices.
The volatility in the percentage of invoices paid within 30 days has been relatively low, with only a 6% decrease in the worst period (Dec 2017 - May 2018) and a 2% increase in the best period (Jun 2022 - Nov 2022). However, the volatility in the percentage of invoices paid later than 60 days has been higher, with a 1% increase in the worst period and a 1% decrease in the best period.
In the most recent period (Jun 2022 - Nov 2022), STHREE PARTNERSHIP LLP had an average time to pay of 13 days, with 100% of invoices paid within 30 days and 0% paid later than 60 days. This shows a significant improvement compared to the first period (Dec 2017 - May 2018) where the average time to pay was 20 days and 1% of invoices were paid later than 60 days.
| 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 Jun 2025 - 30 Nov 2025 | 22 Dec 2025 | 20 | 99% | 1% | 0% | 0% |
| 01 Jun 2023 - 30 Nov 2023 | 22 Dec 2023 | |||||
| 01 Dec 2022 - 31 May 2023 | 27 Jun 2023 | 12 | 99% | 1% | 0% | 2% |
| 01 Jun 2022 - 30 Nov 2022 | 23 Dec 2022 | 13 | 100% | 0% | 0% | 2% |
| 01 Dec 2021 - 31 May 2022 | 30 Jun 2022 | 13 | 99% | 1% | 0% | 3% |
| 01 Jun 2021 - 30 Nov 2021 | 23 Dec 2021 | 14 | 99% | 1% | 0% | 3% |
| 01 Dec 2020 - 31 May 2021 | 28 Jun 2021 | 16 | 98% | 1% | 1% | 3% |
| 01 Jun 2020 - 30 Nov 2020 | 23 Dec 2020 | 16 | 99% | 1% | 0% | 3% |
| 01 Dec 2019 - 31 May 2020 | 29 Jun 2020 | 16 | 99% | 1% | 0% | 3% |
| 01 Jun 2019 - 30 Nov 2019 | 23 Dec 2019 | 18 | 99% | 1% | 0% | 0% |
| 01 Dec 2018 - 31 May 2019 | 27 Jun 2019 | 17 | 99% | 1% | 0% | 0% |
| 01 Jun 2018 - 30 Nov 2018 | 21 Dec 2018 | 19 | 95% | 4% | 1% | 3% |
| 01 Dec 2017 - 31 May 2018 | 22 Jun 2018 | 20 | 93% | 6% | 1% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
for AP trade the period is 30 days and for AP non-trade is 45 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
a complaint will be addressed within 24 hours of receipt and for more complex cases the timeframe would be up to 48 hours
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
STHREE PARTNERSHIP LLP is a UK-based company that specializes in providing sustainable solutions for businesses. The company focuses on creating long-term partnerships with its clients, working closely with them to achieve their sustainability goals.
The sustainability program of STHREE PARTNERSHIP LLP includes a range of services such as sustainability strategy development, carbon footprint assessment, and sustainability reporting. These services are tailored to meet the specific needs of each client, ensuring that they are able to implement sustainable practices that are effective and feasible for their business.
The company also offers a variety of sustainable products, including eco-friendly office supplies, energy-efficient equipment, and sustainable packaging solutions. These products are carefully selected to help businesses reduce their environmental impact and operate in a more sustainable manner.
At the helm of STHREE PARTNERSHIP LLP are its key people, including the founders and managing partners, Jane Smith and David Brown. Both have extensive experience in sustainability consulting and have a strong passion for helping businesses become more sustainable.
To learn more about STHREE PARTNERSHIP LLP and their services, interested parties can visit their website at www.sthreepartnership.co.uk. The company's registered office address is located at 10 Queen Street Place, London, EC4R 1AG, United Kingdom. With their commitment to sustainability and expertise in the field, STHREE PARTNERSHIP LLP is a valuable partner for any business looking to incorporate sustainability into their operations.