DAC BEACHCROFT CLAIMS LIMITED
Company Information
- Company Number
- 04218278
- Registered Address
- 25 Walbrook, London, England, EC4N 8AF
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 May 2001
- Nature of Business
- 69102 - Solicitors
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
While DAC BEACHCROFT CLAIMS LIMITED pays 67% of invoices within 30 days, their average payment time is 41 days, pulled by a substantial 20% of payments exceeding 60 days. This indicates a consistent trend where a significant portion of invoices will experience delays beyond standard terms.
Volatility Analysis
The company exhibits moderate payment volatility, with a high proportion of payments either very fast or very slow. While the extremely low 1% late payment rate suggests strong eventual payment reliability, individual invoice timing is unpredictable, posing potential cash flow challenges for suppliers.
Summary Analysis
Suppliers can consider DAC BEACHCROFT CLAIMS LIMITED a fundamentally reliable partner in terms of eventual payment, but should prepare for potential extended payment cycles for a fifth of their invoices. It is recommended to implement proactive invoice tracking and ensure sufficient working capital to absorb potential delays.
Performance Reports History
| 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 Nov 2024 - 30 Apr 2025 | 16 Jul 2025 | 41 | 67% | 13% | 20% | 1% |
| 01 Nov 2024 - 30 Apr 2025 | 29 May 2025 | 44 | 64% | 13% | 23% | 1% |
| 01 May 2024 - 31 Oct 2024 | 28 Nov 2024 | 59 | 51% | 19% | 30% | 1% |
| 01 Nov 2023 - 30 Apr 2024 | 17 May 2024 | 73 | 40% | 23% | 37% | 3% |
| 01 May 2023 - 31 Oct 2023 | 24 Nov 2023 | 92 | 33% | 22% | 45% | 3% |
| 01 Nov 2022 - 30 Apr 2023 | 24 May 2023 | 92 | 31% | 22% | 47% | 3% |
| 01 May 2022 - 31 Oct 2022 | 24 Nov 2022 | 91 | 31% | 22% | 47% | 3% |
| 01 Nov 2021 - 30 Apr 2022 | 30 May 2022 | 86 | 29% | 26% | 45% | 15% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 54 | 44% | 36% | 20% | 28% |
| 01 Nov 2020 - 30 Apr 2021 | 28 May 2021 | 58 | 42% | 26% | 32% | 1% |
| 01 May 2020 - 31 Oct 2020 | 30 Nov 2020 | 59 | 42% | 24% | 34% | 1% |
| 01 Nov 2019 - 30 Apr 2020 | 29 May 2020 | 54 | 44% | 25% | 31% | 1% |
| 01 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 51 | 49% | 21% | 30% | 1% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 53 | 52% | 19% | 29% | 1% |
| 01 May 2018 - 31 Oct 2018 | 30 Nov 2018 | 48 | 53% | 19% | 28% | 1% |
| 01 Nov 2017 - 30 Apr 2018 | 30 May 2018 | 44 | 58% | 17% | 25% | 1% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 44 | 58% | 17% | 25% | 1% |
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
The Firm/Company does not have standard payment terms with trade suppliers. The payment terms with trade suppliers range from 'due on receipt of invoice' to 60 days. The most frequently used payment term with trade suppliers in the reporting period is 30 days. The most frequently used payment terms and the range of payment terms have not changed during the reporting period. In addition to trade suppliers, the Firm/Company also incurs disbursements on behalf of its clients. Disbursements are amounts payable to third parties on behalf of the client and which are invoiced to the client in accordance with terms agreed by the client. With limited exceptions, the standard payment terms with suppliers for disbursements are 'pay when paid'. This means that the supplier is paid when the Firm/Company is in receipt of funds in respect of the disbursements. Once the Firm/Company is in receipt of funds for these disbursements the Solicitors Accounts Rules require that these payments be made within 2 days. The Firm/Company invariably comply with this requirement. A significant proportion of the Firm/Company payments in the period relate to disbursements which have a major impact on the reported statistics.
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
60
Dispute Resolution Process
It is initially established whether an invoice has been received. If this is not the case, a copy invoice is requested. If an invoice had already been received, it is then established if the invoice has been appropriately authorised and due for payment in accordance with the agreed payment terms. If this is the case, the payment is made. If this is not the case, the reasons are investigated internally and appropriate action taken. If the matter cannot be resolved it is referred to the Chief Financial Officer and the Office of the General Counsel.
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
DAC BEACHCROFT CLAIMS LIMITED is an active private limited company. Its operations are focused on the provision of claims services.
This active private limited company was incorporated on 16 May 2001 and is registered under company number 04218278. Its registered office is located at 25 Walbrook, London, England, EC4N 8AF.
As a company specialising in claims, DAC BEACHCROFT CLAIMS LIMITED provides services typically involving the handling, processing, and management of various types of claims. This includes offering expertise and advice on claims procedures and resolution within the UK market.
