Score of 93.8/100 qualifies for PaymentCheck Certification
EG MANAGER UK LLP demonstrates a strong average payment time of 14 days, well within standard 30-day terms, indicating a generally prompt payment culture. The concentration of 94% of payments settled within 30 days reflects consistent short-cycle payment behaviour. However, the 2% of payments exceeding 60 days suggests occasional outlier delays that marginally disrupt an otherwise positive trend.
Despite the strong average payment speed, the 19% late payment rate introduces a notable reliability concern, signalling that nearly one in five invoices is not settled on its agreed due date. This discrepancy between fast average payment times and elevated late payment frequency suggests that payment scheduling may be inconsistent, potentially linked to internal approval processes or selective invoice prioritisation. The 4% falling in the 31–60 day band further confirms that a small but meaningful portion of payments drift beyond standard terms.
EG MANAGER UK LLP presents a moderate-to-low payment risk profile, with strong headline metrics undermined by a disproportionately high late payment rate of 19% relative to peers. Suppliers should consider building explicit payment terms and late payment clauses into contracts to manage the risk of delayed settlement on individual invoices. Offering early payment incentives or requesting upfront deposits on larger orders could serve as practical risk mitigation strategies given the identified volatility.
| 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 | 26 Mar 2026 | 14 | 94% | 4% | 2% | 19% |
| 01 Jan 2025 - 30 Jun 2025 | 25 Mar 2026 | 14 | 93% | 5% | 2% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The LLP provides services to a single customer (its parent undertaking) under an intra-group advisory services agreement, and therefore does not operate standard customer payment terms in the conventional commercial sense. Under this agreement, remuneration comprises a combination of (i) a basic fee, which is paid in equal monthly instalments over the relevant accounting period, and (ii) a performance-related fee, which is calculated following the end of the accounting period and typically paid in January of the subsequent period. As a result, payment timing is determined by the contractual fee mechanics set out in the intra-group agreement, rather than standard invoicing terms (e.g. fixed payment periods from invoice date). There are no standard credit terms applied across multiple customers.
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
45
The LLP seeks to resolve any supplier queries or disputes promptly and in good faith through direct engagement with the relevant supplier. In the first instance, queries relating to invoices or payments are reviewed by the finance function, which will liaise with the relevant internal stakeholders and the supplier to clarify and resolve any issues. Where necessary, matters may be escalated to senior management. The LLP aims to resolve routine queries within a reasonable timeframe, typically within 10–15 business days, depending on the complexity of the issue. If a matter cannot be resolved through initial discussions, further review and escalation will be undertaken to reach a mutually acceptable outcome. The LLP maintains open communication with suppliers throughout the process to ensure timely and transparent resolution.
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
EG MANAGER UK LLP is a limited liability partnership operating in the management sector. The inclusion of "Manager" within the company name indicates a focus on management-related activities, structured through the flexible and professionally recognised LLP business framework common in the UK.
The company is registered in England and Wales under company number OC417982 and maintains its registered office at 14 Floral Street, 2nd Floor, Covent Garden, London, WC2E 9DH. EG MANAGER UK LLP was incorporated on 30 June 2017 and remains an active business entity.
Limited liability partnerships operating in the management sector in the UK typically provide services such as investment management, asset management, fund management, or business management consultancy. These organisations combine the operational flexibility of a partnership structure with the benefit of limited liability protection for their members, making the LLP format a popular choice for professional services firms.
The company's Covent Garden address places it within one of central London's well-established commercial districts, an area that hosts a broad range of professional services and financial businesses.