| 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 Jan 2025 - 30 Jun 2025 | 23 Jul 2025 | 29 | 70% | 27% | 3% | 30% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 30 | 70% | 25% | 5% | 30% |
| 01 Jan 2024 - 30 Jun 2024 | 01 Aug 2024 | 29 | 67% | 27% | 6% | 33% |
| 01 Jul 2023 - 31 Dec 2023 | 06 Feb 2024 | 29 | 69% | 23% | 8% | 31% |
| 01 Jul 2022 - 31 Dec 2022 | 06 Feb 2023 | 356 | 10% | 5% | 85% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 468 | 10% | 4% | 86% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 469 | 8% | 6% | 86% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 611 | 6% | 7% | 87% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 566 | 7% | 6% | 87% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 07 Aug 2020 | 545 | 5% | 5% | 90% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 12 Feb 2020 | 473 | 8% | 5% | 87% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 04 Sept 2019 | 514 | 9% | 5% | 86% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 15 Apr 2019 | 473 | 11% | 6% | 83% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 21 Aug 2018 | 499 | 12% | 5% | 83% | 1% |
| 01 Jul 2017 - 31 Dec 2017 | 25 Apr 2018 | 526 | 13% | 4% | 83% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The principle activity of Minster Law during the reporting period was as a solicitor, primarily in the personal injury sector. The reported data excludes supplier relationships that are in place for the provision of services such as medical and rehabilitation services (disbursements) for our clients, these are costs incurred on behalf of our clients rather than business expenses and are not due for payment until the case is settled and at fault insurer has paid the costs. The duration of the case will depend on the complexity and can range from 9 months (274 days) to more than 5 years (>1825 days). The reported data relates to a number of suppliers for standard business operating expenses such as rent, utilities, stationary and temporary staff. Standard terms are 14 days for temporary staff and 30 days for all other supplies. Payment terms to not differ based on the size of the supplier company.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Changes to standard payment terms will only take place as part of a formal contract negotiation with the supplier concerned. No changes have been made to standard payment terms in the reporting period.
Maximum contractual payment period agreed
30
Any queries regarding payment should in first instance be emailed to Finance as below: Disbursement suppliers – statements@minsterlaw.co.uk Overhead suppliers – purchase.ledger@minsterlaw.co.uk Finance staff will consider the query and aim to respond within 7 days. Any requests for further information or copy invoices will be made at that time.
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
Minster Law Limited is a law firm, registered in England, specialising in personal injury legal services. It represents individuals pursuing claims relating to road traffic accidents, bike accidents, accidents at work, and serious or catastrophic injuries such as spinal, head and brain injuries. The firm supports clients through the claims process, offering advice, rehabilitation access and case updates via its client portal. It works with insurance, retail and banking partners and holds accreditations including membership of the Association of Personal Injury Lawyers, and support links with Headway and the Spinal Injuries Association. The company states it has settled over 124,000 cases with more than £750m in damages since 2015. It is based in Wakefield.
Generated from the company's website and Companies House records. Sources: minsterlaw.co.uk · minsterlaw.co.uk