SLAUGHTER AND MAY SERVICES COMPANY

PaymentCheck Score 2025
100Excellent
vs last year
#9 in UK
#1 in Professional Services
#5 in London

Company Information

Company Number
00785646
Employee Count
1,054
Turnover
£53,701,000
EBITDA
£100,000

Additional Details

Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
7 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-11-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2024 - 30 Apr 202519 Jun 20256100%0%0%0%
01 Nov 2023 - 30 Apr 202422 May 20247100%0%0%0%
01 May 2023 - 31 Oct 202323 Nov 20237100%0%0%0%
01 Nov 2022 - 30 Apr 202330 May 20238100%0%0%0%
01 Nov 2021 - 30 Apr 202226 May 20221995%2%2%4%
01 May 2021 - 31 Oct 202129 Nov 20211897%3%0%3%
01 Nov 2020 - 30 Apr 202130 May 20211787%13%0%13%
01 May 2019 - 31 Oct 201928 Nov 20191594%6%0%6%
01 Nov 2018 - 30 Apr 201929 May 201915100%0%0%0%
01 May 2017 - 31 Oct 201729 Nov 20171295%5%0%5%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Our most frequently used payment terms for qualifying contracts require payment within 30 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

In the event of a dispute, we would expect the supplier to get in touch with their usual contact at Slaughter and May Services Company to discuss the issue.  The contact person (which will vary from contract to contract) would then aim to deal promptly with the complaint/dispute in accordance with the terms of the contract. 

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

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.

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.

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?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

SLAUGHTER AND MAY SERVICES COMPANY is a leading provider of legal and professional services, based in London, United Kingdom. The company offers a wide range of services to clients in various industries, including corporate, finance, and dispute resolution.

As a socially responsible company, SLAUGHTER AND MAY SERVICES COMPANY has a strong sustainability program in place. This includes implementing environmentally friendly practices, promoting diversity and inclusion, and supporting various charitable causes.

The company's commitment to sustainability is reflected in its products and services as well. They offer advice to clients on how to achieve sustainable business practices, such as reducing carbon footprint and promoting ethical supply chains.

The key people at SLAUGHTER AND MAY SERVICES COMPANY include its managing partner, Steve Cooke, and its senior partner, Paul Stacey. They are supported by a team of highly qualified and experienced lawyers and professionals.

For more information on SLAUGHTER AND MAY SERVICES COMPANY and its services, you can visit their website at www.slaughterandmay.com. Their registered office address is One Bunhill Row, London, EC1Y 8YY, United Kingdom.

Financial Metrics

Cash
£0
Net Worth
£795,000
Total Current Assets
£2,355,000
Total Current Liabilities
£1,560,000