Their own payment-practices filing · gov.uk

Smith & Williamson Investment Management LLP paid suppliers in 44 days on average — 14 days past its stated terms

CRN OC369632 · 8 statutory reports on record · period to 30 Jun 2021

Dated record. The latest report covers a period ending 30 Jun 2021 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

44daysavg time to pay · H1 2021

Their H1 2021 filing put the average 14 days past the 30-day term they state.

Their stated terms: 30 days
Paid outside agreed terms: 73% of invoices
Paid after 61+ days: 12%
Reporting period: 1 Jan 2021 – 30 Jun 2021
Source: their gov.uk filing, filed 5 Aug 2021

Self-reported figures from their statutory filing. How this is compiled.

Terms vs reality · their H1 2021 filing

Paid 14 days past their stated terms

PAIDLATE · terms vs the clockdays to pay · 0–50

avg 44d

0 days50 days

reported avg 44 days their filed terms 0–30 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 48% 31–60 days 40% 61+ days 12%

Source: their statutory Payment Practices Report #49319, period 1 Jan 2021 – 30 Jun 2021, filed 5 Aug 2021 · gov.uk payment-practices service

Smith & Williamson Investment Management LLP paid 14 days past its own stated terms. 73% of invoices still went outside agreed terms; 12% reached 61 days or more. Self-reported in their statutory H1 2021 filing.

The pattern · last 6 of 8 reports

24 → 44 days — slower across the window

PAIDLATE · the patternavg days per report

Last 6 of 8 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

20 days slower across the window. From 24 days in H2 2018 to 44 in the H1 2021 filing; the dashed line marks the 30-day term they state.

The read · computed from their figures

Smith & Williamson Investment Management LLP's H1 2021 filing put their average at 44 days against stated terms of 30 days; 73% of invoices were paid outside agreed terms and 12% took 61 days or longer. Filed 5 Aug 2021.

The direction is slower: from 24 days in H2 2018 to 44 now — 20 days slower across their last 6 reports.

That is 8 statutory periods on record (earliest H2 2017) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Offers e-invoicing

In their own words · from the filing

Standard payment terms

Firm policy is to pay suppliers within the agreed credit terms of 30 days. Minor payment delays occur when an invoice is received shortly after the weekly payment run. Disputed amounts may also result in processing delays. There is no stipulated maximum contractual payment period.

Dispute resolution

Any payment disputes are considered by the relevant department head and, if necessary, the Group Financial Controller. Disputes are usually resolved within 30 days from the date the dispute was raised.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2021	44	73%	12%	5 Aug 2021
H2 2020	23	15%	2%	28 Jan 2021
H1 2020	21	8%	0%	15 May 2020
H2 2019	21	10%	1%	25 Nov 2019
H1 2019	26	27%	1%	30 May 2019
H2 2018	24	4%	4%	23 Nov 2018
H1 2018	25	19%	0%	29 May 2018
H2 2017	15	0%	0%	15 Nov 2017

On the public register · Companies House

Company record

Status: Active
Type: Limited Liability Partnership
Incorporated: 9 Nov 2011
Registered office: 45 GRESHAM STREET, LONDON, EC2V 7BG

0 outstanding charges on the register Accounts due 30 Sept 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 44-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 44-day vs a 30-day payment cycle.

≈ £17,500

of invoicing outstanding at any one time on a 44-day cycle — about £5,500 more than the same account would carry at 30-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers · Smith & Williamson Investment Management LLP

Are they getting slower or faster?

Their reported average has moved about 20 days slower over the window (24 → 44 days).

What's their typical pay point?

Their latest filed report put the average at day 44; across their last 6 reports it ranged 21–44 days. Treat that as a historical reference point, not a promise for a new invoice.

Can I see what this means for my invoices?

Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch Smith & Williamson Investment Management LLP (free)

They haven’t filed a payment report since 5 Aug 2021. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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How UK payment reporting works

What is a Payment Practices Report?

UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.

What does "paid outside agreed terms" mean?

The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.

How often is this data updated?

Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.

Is this official government data?

The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-OC369632 · latest period to 30 Jun 2021

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