ALBACORE CAPITAL LLP
Company Information
- Company Number
- OC412196
- Registered Address
- 55 St. James's Street, London, SW1A 1LA
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 9 June 2016
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
ALBACORE CAPITAL LLP demonstrates a strong trend of prompt payments, consistently averaging 28 days per invoice. A significant 91% of payments are settled within 30 days, indicating a highly efficient and reliable payment trajectory.
Volatility Analysis
While most payments are timely, a 9% late payment rate, including 6% extending to 31-60 days and 3% beyond 60 days, introduces a minor degree of unpredictability. Suppliers should be aware of this small but present risk for occasional delays, especially the rare instance of significantly extended payment terms.
Summary Analysis
Overall, ALBACORE CAPITAL LLP presents a low payment risk profile, making them a generally reliable partner for suppliers. Key decision factors should include their high on-time payment rate, while considering a minor risk mitigation strategy for the small percentage of potentially late invoices.
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 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 28 | 91% | 6% | 3% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 20 | 94% | 4% | 2% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 13 Jun 2024 | 16 | 92% | 6% | 2% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 13 Jun 2024 | 23 | 73% | 25% | 2% | 28% |
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
30 days is most frequently used payment terms
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
30
Dispute Resolution Process
Dealt with by the appropriate employee within the organisation in a timely manner.
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.
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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
Company Summary
ALBACORE CAPITAL LLP is an active limited liability partnership operating within the financial sector, with its name indicating a primary focus on capital and investment activities. The partnership structure is common for professional services firms in the UK.
The organisation was incorporated on 9 June 2016, holding company number OC412196. Its registered office is located in London at 55 St. James's Street, SW1A 1LA, establishing its presence in the capital.
Limited liability partnerships specialising in capital in the UK market commonly provide a range of financial services. These typically include investment management, fund management, asset management, and financial advisory services. Such organisations facilitate capital raising and strategic deployment for their clients.
