CLIFFORD CHANCE CIS LIMITED

PaymentCheck Score 2022
81Good
1.8vs last year
#1628 in UK
#45 in Professional Services
#716 in London

Company Information

Company Number
02958562
Registered Address
10 Upper Bank Street, London, E14 5JJ
Status
Active
Employee Count
6
Turnover
£226,346
EBITDA
£14,595

Additional Details

Company Type
Private limited Company
Incorporated On
9 August 1994
Nature of Business
74990 - Non-trading company
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
0 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
0%
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: 2022-11-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2021 - 30 Apr 202227 May 20222164%29%7%7%
01 May 2021 - 31 Oct 202126 Nov 20213573%18%9%9%
01 Nov 2020 - 30 Apr 202127 May 20212462%31%8%8%
01 May 2019 - 31 Oct 201928 Nov 20192946%46%8%8%
01 Nov 2018 - 30 Apr 201922 May 20193350%39%11%22%
01 May 2017 - 31 Oct 201729 Nov 20176029%47%24%29%

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

45 days

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

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

90

Dispute Resolution Process

Contracts are managed by P2P team and any disputes are resolved as per contract terms with the help of Legal team.

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

Clifford Chance CIS Limited is a leading global law firm that provides a wide range of legal services to clients in the Commonwealth of Independent States (CIS) region. The company's main focus is on corporate and commercial law, with a strong emphasis on sustainability and responsible business practices.

The company has a dedicated sustainability program in place, which includes initiatives such as reducing their environmental impact, promoting diversity and inclusion, and supporting local communities through pro bono work. They also have a strong commitment to ethical business practices and have been recognized for their efforts in this area.

In terms of products and services, Clifford Chance CIS Limited offers legal advice and support to clients in various industries, including banking and finance, energy, technology, and real estate. They also have a strong presence in dispute resolution, arbitration, and litigation.

The company's key people include the managing partner, Ivan Tchotourian, who has over 20 years of experience in the legal industry, and the head of their sustainability program, Olga Vorozhbyt, who is a leading expert in environmental law.

For more information on Clifford Chance CIS Limited and their services, interested parties can visit their website at www.cliffordchance.com/cis or contact their registered office at 10 Upper Bank Street, London, E14 5JJ, United Kingdom.

Financial Metrics

Cash
£9,506
Net Worth
£33,240
Total Current Assets
£533,661
Total Current Liabilities
£500,420

Company Location