Score of 96.4/100 qualifies for PaymentCheck Certification
TRUE POTENTIAL ADMINISTRATION LLP demonstrates a strong and consistent payment profile, with an average payment time of just 18 days, well within standard 30-day terms. The overwhelming majority of payments — 96% — are settled within 30 days, with the remaining 4% falling in the 31–60 day window and no payments exceeding 60 days. This pattern reflects a disciplined and reliable payment culture with no indication of deteriorating payment behaviour.
The payment data shows very low volatility, with only a 4% late payment rate and no instances of severe delays beyond 60 days, suggesting a predictable and stable payment cycle. The small proportion of 31–60 day payments likely represents minor administrative or invoice-processing exceptions rather than systemic cash flow issues. Suppliers can expect a high degree of consistency, with minimal exposure to extended credit risk.
TRUE POTENTIAL ADMINISTRATION LLP presents a low-risk payment profile and can be considered a reliable trading partner, making them well-suited for standard or even preferential credit terms. The 4% late payment rate is negligible and unlikely to warrant protective measures such as shortened payment terms or advance payment requirements. Suppliers may proceed with confidence, though routine invoice tracking is advisable to catch the occasional delayed payment in the 31–60 day bracket before it escalates.
| 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 | 96% | 4% | 0% | 4% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 21 | 98% | 2% | 0% | 2% |
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 ADMINISTRATION LLP is a limited liability partnership operating within the financial services sector, specialising in administrative functions that support wealth management and investment services. The business forms part of the True Potential group, providing dedicated administrative infrastructure under the LLP structure.
The company is registered in England and Wales under company number OC426081 and maintains its registered office at Newburn House Gateway West, Newburn Riverside, Newcastle Upon Tyne, Tyne And Wear, NE15 8NX. Incorporated on 18 February 2019, the organisation is based in the North East of England and holds active status on the Companies House register.
Administration LLPs of this nature in the UK market typically provide back-office and operational support services, including client account management, compliance administration, and the processing of financial transactions. These functions are essential to the smooth running of wealth management and financial advisory businesses, ensuring regulatory obligations are met and client records are maintained accurately.
As a limited liability partnership, TRUE POTENTIAL ADMINISTRATION LLP benefits from a flexible governance structure that combines the operational advantages of a partnership with defined liability protections for its members, a format commonly adopted by professional services organisations across the United Kingdom.