How long does Eg Manager UK LLP take to pay its suppliers?

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

Dispute resolution

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 t