GOV.UK
LONGVIEW PARTNERS LLP
Company number: OC368898
Reporting period:
1 July 2019
to 31 December 2019
This report was filed on 30 January 2020
and approved by Emma Davies
Payment statistics
Average time taken to pay invoices: 10 days
Invoices paid:
- within 30 days: 99%
- in 31 to 60 days: 0%
- in 61 days or more: 1%
Invoices due but not paid within agreed terms: 22 %
Payment terms
Shortest standard payment period
0 days
Longest standard payment period
30 days
Standard payment terms
Longview Partners LLP maintains contracts with suppliers of financial and non-financial services. This
statement relates only to our contractual arrangements with non-financial service providers.
Longview Partners LLP does not maintain a policy in relation to payment terms with its suppliers of non-financial services. Instead, we are bound by the terms provided by the vendor. This is usually a standard 14 or
30 day payment period.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
30 days
Any other information about payment terms
Longview Partners LLP does not currently offer e-invoicing or supply chain finance and it is not a member of a payment code of conduct.
Longview Partners LLP does not deduct any sums from suppliers to remain on supplier lists.
All the statistics presented assume that invoices are received by Longview Partners LLP on the invoice date,
even though the actual date of receipt could be a number of days after the date of the invoice.
Dispute resolution process
Longview Partners LLP does not maintain a policy in relation to resolving disputes with such suppliers.
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 Prompt Payment Code must commit to paying 95% of their invoices within 60 days.No
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