FRAZER-NASH CONSULTANCY LIMITED
Company number: 02562870
Reporting period:
1 April 2025 to 30 September 2025
Report filed on:
14 November 2025
Approved by:
Jennifer Cloke
Payment statistics
Average time taken to pay invoices: 22 days
Total value paid:
- within 30 days: £21,353,327 (78%)
- in 31 to 60 days: £5,560,407 (20%)
- in 61 days or more: £632,386 (2%)
Invoices paid:
- within 30 days: 85%
- in 31 to 60 days: 13%
- in 61 days or more: 2%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £7,026,003
- payments due in the reporting period which have not been paid within the agreed period: 22%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
30 days
Standard payment terms
Standard T&Cs are 30 days for new suppliers.
We currently have a range of T&Cs in place with existing suppliers including terms at 7 days and 30 days
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
30 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Relationships with our suppliers are important to us. We rely on our suppliers to deliver high quality goods and services in order to meet the needs of our own customers. Suppliers should be notified in the event of any disputes, and our purchase contracts specify dispute escalation processes. We commit to treating suppliers fairly, and intend to resolve any identified disputes as quickly as possible. Point of Contact details are provided on purchase orders.
This process is reviewed annually.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
Yes, this business has signed up to: Fair Payment code
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No