COOPERATIVE LEGAL SERVICES LIMITED
Company Information
- Company Number
- 05671209
- Registered Address
- 1 Angel Square, Manchester, M60 0AG
- Status
- Active
- Employee Count
- 525.0
- Turnover
- 40967000.0
- EBITDA
- 6961000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 10 January 2006
- Nature of Business
- 69102 - Solicitors
- Industries
- Professional Services
- Region
- North West
Company Location
Loading map...
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 |
|---|---|---|---|---|---|---|
| 02 Jul 2023 - 06 Jan 2024 | 31 Jan 2024 | 4 | 97% | 1% | 2% | 3% |
| 01 Jan 2023 - 01 Jul 2023 | 31 Jul 2023 | 5 | 97% | 1% | 2% | 1% |
| 03 Jul 2022 - 31 Dec 2022 | 31 Jul 2023 | 7 | 97% | 1% | 2% | 2% |
| 02 Jan 2022 - 02 Jul 2022 | 22 Jul 2022 | 16 | 60% | 12% | 28% | 2% |
| 04 Jul 2021 - 01 Jan 2022 | 28 Jan 2022 | 16 | 62% | 16% | 22% | 18% |
| 03 Jan 2021 - 03 Jul 2021 | 27 Jul 2021 | 16 | 61% | 20% | 19% | 2% |
| 05 Jul 2020 - 02 Jan 2021 | 26 Jan 2021 | 16 | 98% | 1% | 1% | 4% |
| 05 Jan 2020 - 04 Jul 2020 | 28 Jul 2020 | 3 | 47% | 11% | 43% | 35% |
| 07 Jul 2019 - 04 Jan 2020 | 03 Feb 2020 | 3 | 97% | 2% | 1% | 23% |
| 06 Jan 2019 - 06 Jul 2019 | 01 Aug 2019 | 7 | 95% | 4% | 1% | 5% |
Company Summary
CO-OPERATIVE LEGAL SERVICES LIMITED is a UK-based company that provides a wide range of legal services to its clients
They are a part of the Co-operative Group, a well-known British consumer cooperative
The company offers various services, including personal injury, family law, wills and probate, conveyancing, and employment law
They also have a sustainability program in place, aiming to reduce their carbon footprint and promote ethical and responsible business practices
Their products and services are designed to meet the needs of their clients, providing high-quality legal advice at competitive prices
They also offer a free initial consultation to help clients understand their legal rights and options
The key people at CO-OPERATIVE LEGAL SERVICES LIMITED include their CEO, Matt Howells, and their Head of Legal Services, Christina Blacklaws
They have a team of experienced solicitors and legal professionals who are dedicated to providing exceptional services to their clients
The company's website, www.co-oplegalservices.co.uk, provides detailed information about their services, including pricing and contact details
Their registered office address is Co-operative Legal Services Limited, 1 Angel Square, Manchester, M60 0AG
In summary, CO-OPERATIVE LEGAL SERVICES LIMITED is a reputable company that offers a wide range of legal services, with a strong commitment to sustainability
They have a team of experienced professionals and a user-friendly website that makes it easy for clients to access their services
Company Review
Trend Analysis
The average time for CO-OPERATIVE LEGAL SERVICES LIMITED to pay invoices has fluctuated over the past three periods, with a high of 16 days in 2020-2021 and a low of 4 days in 2023-2024. This shows a trend of inconsistency in their payment times.
Volatility Analysis
The percentage of invoices paid within 30 days has also fluctuated, with a high of 98% in 2020-2021 and a low of 47% in 2020-2021. This shows a high level of volatility in their payment behavior.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
60 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
108
Dispute Resolution Process
Disputes would be escalated with the Supplier Relationship Manager for guidance and review, following this the invoice would either be resubmitted or processed based on new information.
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
