EG MANAGER UK LLP
Company number: OC417982
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
26 March 2026
Approved by:
Niket Desai
Payment statistics
Average time taken to pay invoices: 14 days
Total value paid:
- within 30 days: £1,335,356 (79%)
- in 31 to 60 days: £344,694 (20%)
- in 61 days or more: £1,988 (< 1%)
Invoices paid:
- within 30 days: 94%
- in 31 to 60 days: 4%
- 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: £528,782
- payments due in the reporting period which have not been paid within the agreed period: 19%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
Answer not provided
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
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
45 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
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.
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.
Yes
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