ORBIS PORTFOLIO MANAGEMENT (EUROPE) LLP
Company number: OC334905
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
28 January 2026
Approved by:
Daniel Maurice Brocklebank
Payment statistics
Average time taken to pay invoices: 14 days
Total value paid:
- within 30 days: £1,060,994 (64%)
- in 31 to 60 days: £597,932 (36%)
- in 61 days or more: £39 (< 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: £597,971
- payments due in the reporting period which have not been paid within the agreed period: 11%
- not made in the reporting period due to a dispute: 40%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Orbis Portfolio Management (Europe) LLP (“OPME”)’s standard payment terms are to pay correctly issued and valid invoices from suppliers within 30 calendar days from the receipt of the invoice, unless specifically agreed otherwise in writing between the supplier and OPME. To ensure prompt payment, supplier invoices should be emailed to accountspayable@orbis.com and this email address is also the main contact for invoice related queries.
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
OPME aims to resolve queries and disputes on a timely basis and will inform the relevant supplier of the grounds for any dispute raised in accordance with the related contractual terms agreed between the parties. Our primary contact for queries relating to disputed invoices is accountspayable@orbis.com. A member of the accounts payable team will escalate the dispute as necessary and work with internal stakeholders to facilitate a swift resolution where possible. OPME will not pay the disputed invoice until such time as the dispute has been successfully resolved.
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