---
title: "TRUE POTENTIAL LLP - Payment Practices"
date: 2026-01-30
url: https://paymentcheck.co.uk/company-search/OC380771/true-potential-llp
description: "View payment practices for TRUE POTENTIAL LLP. Average time to pay: 18 days."
---

# TRUE POTENTIAL LLP

## Company Information

- **Company Number:** OC380771
- **Status:** Active
- **Company Type:** Limited liability partnership
- **Incorporated:** 5 December 2012
- **Registered Address:** Newburn House Gateway West, Newburn Riverside, Newcastle Upon Tyne, Tyne And Wear, NE15 8NX
- **Industry:** Not available
- **Region:** North East

## Payment Statistics

- **Average Time to Pay:** 18 days
- **Invoices Paid Within 30 Days:** 94%
- **Invoices Paid Between 31-60 Days:** 5%
- **Invoices Paid Later Than 60 Days:** 1%
- **Invoices Not Paid Within Agreed Terms:** 6%

## Payment Terms

- **Standard Payment Terms:** Our default standard payment terms is 30 days. New suppliers are set up in line with terms on the invoice. For this period across the group there were 10 x Immediate ( I/C ) 4 x 10 days, 301 x 7 days, 86 x 14 days, 111 x 21 days, 290 x 30 days 1 x 45 days 0 x 60 days .
- **Shortest Payment Period:** 1 days
- **Longest Payment Period:** 60 days
- **Maximum Contractual Period:** 60 days

## Payment Practices

- **Payment Terms Changed:** Not available
- **Suppliers Notified of Changes:** Not available
- **E-Invoicing Offered:** False
- **Supply Chain Financing Offered:** False
- **Participates in Payment Codes:** No

## Dispute Resolution

The dispute resolution process is as follows unless otherwise detailed in a relevant agreement. 

Invoices can be returned by invoice approvers via our accounting system (Workday) to the supplier invoice work area complete with comments if to be disputed – this then places the invoice back in draft. The invoice can be placed on hold and then chased / resolved with supplier or returned to the approver via Workday by the purchase ledger team. 

We aim to resolve disputes in a timely manner. This is, however, dependent, in part, on timely responses from the supplier to rectify any issues.

## Summary

TRUE POTENTIAL LLP is a limited liability partnership operating in the financial services sector, as indicated by its trading name. The organisation is structured as an LLP, a business model commonly adopted by professional services firms in the United Kingdom.

TRUE POTENTIAL LLP is registered with Companies House under company number OC380771 and holds active status. The company was incorporated on 5 December 2012 and is headquartered in the North East of England, with its registered office located at Newburn House Gateway West, Newburn Riverside, Newcastle Upon Tyne, Tyne And Wear, NE15 8NX.

Limited liability partnerships of this nature in the UK financial services sector typically provide services such as wealth management, investment planning, and financial advisory solutions to individuals and businesses. Such organisations operate within a regulated framework, delivering professional guidance on areas including pensions, savings, and portfolio management.

As an active LLP with over a decade of incorporation, TRUE POTENTIAL LLP represents an established presence within the North East business community and the broader UK financial services landscape.

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*Data sourced from official UK government payment practices reports. Last updated: 2026-01-30*