WINN SOLICITORS LIMITED exhibits an extremely slow payment trend, with an average payment time of 189 days. A substantial majority (79%) of payments consistently extend beyond 60 days, while only 21% are settled within typical 30-day terms. This indicates a deeply ingrained pattern of prolonged payment cycles rather than isolated incidents.
Payment reliability for WINN SOLICITORS LIMITED is very low and highly unpredictable, given the average 189-day payment cycle and 79% of payments exceeding 60 days. The complete absence of payments within the 31-60 day bracket, combined with the extreme delays, points to a systemic and unmitigated risk factor for supplier cash flow. Suppliers face a high probability of experiencing significant and prolonged payment delays, making accurate financial forecasting challenging.
Given an average payment time of 189 days and 79% of invoices paid over 60 days, WINN SOLICITORS LIMITED poses a high payment risk to potential suppliers. Key decision factors must include the substantial impact on cash flow and the necessity for robust credit management or alternative payment structures. Suppliers should consider requiring significant upfront payments, implementing shorter payment terms with strict enforcement, or exploring invoice factoring as risk mitigation strategies.
| 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 Oct 2025 - 31 Mar 2026 | 13 May 2026 | 81 | 49% | 28% | 23% | 5% |
| 01 Apr 2024 - 30 Sept 2025 | 03 Apr 2025 | 189 | 21% | 0% | 79% | 1% |
| 01 Apr 2025 - 30 Sept 2025 | 05 Nov 2025 | 72 | 48% | 26% | 26% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Medical disbursements – Average terms of 913 days or on settlement of cases, whichever is sooner Non-medical disbursements – Average terms of 30 days Overheads – 30 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
1095
Invoices received are reviewed against our case management system by the Accounts payable team, any difference in data is referred back to the supplier for review. We conduct regular statement reconciliations with our suppliers. We liaise directly with our suppliers to resolve any outstanding issues, payment is made on resolution of query.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
WINN SOLICITORS LIMITED operates as an active private limited company. Its name clearly indicates that the organisation provides legal services, specifically functioning as a firm of solicitors.
The company was incorporated on 25 March 2004, holding company number 05084463. Its registered office is located at Winn Solicitors, Brinkburn Street, Byker, Newcastle Upon Tyne, Tyne & Wear, NE6 1PL, situated in the North East of England.
In the UK market, solicitors' firms typically offer a comprehensive range of legal services to both individual and corporate clients. These services commonly encompass providing legal advice, representation in legal proceedings, drafting legal documents, and assisting with matters such as property conveyancing, personal injury claims, and family law.
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