PKF LITTLEJOHN LLP
Company number: OC342572
Reporting period:
1 June 2025 to 30 November 2025
Report filed on:
7 January 2026
Approved by:
Dominic Roberts
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 19 days
Total value paid:
- within 30 days: £15,271,928 (90%)
- in 31 to 60 days: £1,580,569 (9%)
- in 61 days or more: £139,663 (< 1%)
Invoices paid:
- within 30 days: 89%
- in 31 to 60 days: 10%
- in 61 days or more: 1%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £3,522,362
- payments due in the reporting period which have not been paid within the agreed period: 17%
- not made in the reporting period due to a dispute: 5%
Payment terms
Shortest standard payment periods
14 days
Longest standard payment period
30 days
Standard payment terms
Under our standard contractual terms we aim to pay of all undisputed sums due to suppliers within 30 days of receipt of a valid invoice by our finance team, accountspayable@pkf-l.com. A number of suppliers have standard terms shorter than 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
We seek to resolve any issues in the first instance between the Firm's Accounts Payable team (accountspayable@pkf-l.com) and the supplier. If the matter cannot be resolved, the issue may require escalation to our Chief Financial Officer who will liaise with senior members of the supplier. Should it be required, the firm will seek the assistance of the mediation services of the Centre for Effective Dispute Resolution (CEDR) - for more information: https://www.cedr.com/commercial/.
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.
No, this business has not signed up to a code of conduct or standards on payment practices.
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