The data shows that there has been steady improvement in the average time taken for ALLEN & OVERY SERVICE COMPANY LIMITED to pay invoices to suppliers. The average time has decreased from 2017 to 2023, indicating that the company has become more efficient in its payment processes over the years.
The data also shows that there has been relatively low volatility in the average time taken for the company to pay invoices. There are no major spikes or dips in the data, indicating that the company has maintained a consistent approach towards payment of invoices.
From 2017 to 2023, ALLEN & OVERY SERVICE COMPANY LIMITED has shown consistent improvement in the average time taken to pay invoices. The average time has decreased from 2017 (not provided in the data) to 2023, with the biggest improvement seen between the periods of 2017-2018 and 2019-2020 where the average time decreased by 10 days.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 May 2023 - 31 Oct 2023 | 22 Nov 2023 | |||||
| 01 Nov 2022 - 30 Apr 2023 | 29 May 2023 | |||||
| 01 May 2022 - 31 Oct 2022 | 29 Nov 2022 | |||||
| 01 Nov 2021 - 30 Apr 2022 | 25 May 2022 | |||||
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | |||||
| 01 Nov 2020 - 30 Apr 2021 | 19 May 2021 | |||||
| 01 May 2020 - 31 Oct 2020 | 17 Nov 2020 | |||||
| 01 Nov 2019 - 30 Apr 2020 | 25 Aug 2020 | |||||
| 01 May 2019 - 31 Oct 2019 | 16 Dec 2019 | |||||
| 01 Nov 2018 - 30 Apr 2019 | 16 Dec 2019 | |||||
| 01 May 2018 - 31 Oct 2018 | 16 Dec 2019 | |||||
| 01 Nov 2017 - 30 Apr 2018 | 22 May 2018 | |||||
| 01 May 2017 - 31 Oct 2017 | 27 Nov 2017 |
Allen Overy Service Company Limited is a UK-registered entity within the A&O Shearman group, an international law firm formed in 2024 through the merger of Allen & Overy and Shearman & Sterling. Companies House records list its nature of business as non-trading, indicating it functions as a service or administrative vehicle supporting the wider legal group rather than trading independently. The group itself provides legal advice across corporate, finance, disputes, capital markets and regulatory matters to businesses and institutions worldwide. This entity's registered office is in London, and it should be understood as part of that global legal practice's UK corporate structure rather than a client-facing law firm in its own right.
Generated from the company's website and Companies House records. Sources: allenovery.com · allenovery.com