BC PARTNERS LLP
Company Information
- Company Number
- OC404426
- Registered Address
- 40 Portman Square, London, W1H 6DA
- Status
- Active
- Employee Count
- 72
- Turnover
- £103,242,000
- EBITDA
- £25,181,000
Additional Details
- Website
- https://bcpartners.com/
- Company Type
- Limited liability partnership
- Incorporated On
- 19 February 2016
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
Over the past three periods, the average time taken for BC PARTNERS LLP to pay invoices to suppliers has increased by 14%. In the first period (Jul 2018 - Dec 2018), the average time to pay was 19 days. This increased to 24 days in the second period (Jan 2019 - Jun 2019), and further increased to 36 days in the third period (Jul 2019 - Dec 2019). However, in the most recent period (Jan 2021 - Jun 2021), there was a slight decrease to 33 days.
Volatility Analysis
The volatility of BC PARTNERS LLP's payment behavior has increased over the past three periods. In the first period, 82% of invoices were paid within 30 days, but this dropped to 76% in the second period. In the third period, there was a slight increase to 82%, but in the most recent period, only 62% of invoices were paid within 30 days. The percentage of invoices paid between 31 and 60 days has also increased from 14% in the first period to 28% in the most recent period. Additionally, the percentage of invoices paid later than 60 days has more than doubled from 4% in the first period to 10% in the most recent period.
Summary Analysis
Between Jul 2018 and Jun 2021, the average time taken for BC PARTNERS LLP to pay invoices increased from 19 days to 33 days, representing a 73.7% increase. The percentage of invoices paid within 30 days decreased from 82% to 62%, while the percentage of invoices paid between 31 and 60 days and later than 60 days increased from 14% to 28% and 4% to 10%, respectively.
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 | 33 | 62% | 28% | 10% | 38% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 36 | 62% | 22% | 16% | 38% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 24 | 76% | 18% | 6% | 22% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Feb 2020 | 19 | 82% | 13% | 5% | 17% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 23 | 76% | 18% | 6% | 25% |
| 01 Jul 2018 - 31 Dec 2018 | 11 Apr 2019 | 19 | 82% | 14% | 4% | 19% |
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
Majority of 30 days. Limited instances 7 - 14 days for Temporary Staff and 45 days for Conferences.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
45
Dispute Resolution Process
If at any time any question, dispute or difference arises between BC Partners LLP and a vendor, such question, dispute or difference should be raised by the vendor to their relevant contact managing the relationship. Any escalations should be raised to the finance team whose contact details are available upon request.
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.
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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?
❌
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
BC Partners LLP is a leading global investment firm that specializes in private equity. Founded in 1986, the company has a strong track record of investing in and growing businesses across a variety of sectors.
One of the key focuses of BC Partners LLP is sustainability. The company recognizes the importance of sustainable business practices and has implemented a sustainability program to ensure its investments and operations are environmentally responsible and socially beneficial. This includes actively seeking out and investing in companies that have a positive impact on the environment, as well as minimizing their own carbon footprint through initiatives such as using renewable energy sources and reducing waste.
In addition to its sustainability efforts, BC Partners LLP offers a range of products and services to its clients, including private equity funds, credit funds, and real estate funds. The company has a global reach, with offices in Europe and North America, and a team of experienced professionals who work closely with their portfolio companies to drive growth and value creation.
Some of the key people at BC Partners LLP include its managing partners, who have a wealth of experience in private equity and a strong track record of successful investments. The company also has a dedicated sustainability team, led by a Director of Sustainability, who oversees the implementation of their sustainability program.
For more information on BC Partners LLP, including their sustainability efforts, products and services, and key people, you can visit their website at www.bcpartners.com. The company's registered office address is 40 Portman Square, London, W1H 6LT, United Kingdom.
