Score of 100/100 qualifies for PaymentCheck Certification
| 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 | 30 Jul 2025 | 7 | 100% | 0% | 0% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 5 | 100% | 0% | 0% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 4 | 100% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 11 | 96% | 4% | 0% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 11 | 94% | 6% | 0% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 11 | 90% | 10% | 0% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 18 | 91% | 9% | 0% | 9% |
| 02 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 8 | 100% | 0% | 0% | 0% |
| 02 Jan 2021 - 01 Jul 2021 | 29 Jul 2021 | 4 | 100% | 0% | 0% | 0% |
| 02 Jul 2020 - 01 Jan 2021 | 29 Jan 2021 | 12 | 92% | 8% | 0% | 8% |
| 02 Jan 2020 - 01 Jul 2020 | 28 Jul 2020 | 4 | 100% | 0% | 0% | 0% |
| 02 Jul 2019 - 01 Jan 2020 | 28 Jan 2020 | 7 | 100% | 0% | 0% | 0% |
| 02 Jan 2019 - 01 Jul 2019 | 29 Jul 2019 | 6 | 100% | 0% | 0% | 0% |
| 02 Jul 2018 - 01 Jan 2019 | 31 Jan 2019 | 17 | 89% | 11% | 0% | 11% |
| 02 Jan 2018 - 01 Jul 2018 | 31 Jul 2018 | 6 | 97% | 3% | 0% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard supplier payments period is 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The principal activity of the Company is the supply of employee services to Withers LLP, a Limited Liability Partnership whose principal activity is the provision of legal services. The Company therefore receives very few invoices for payment and, as a result, is prone to fluctuations in the average payment statistics.
Maximum contractual payment period agreed
30
Payment processing is dealt with by the Accounts Payable function and any supplier payment queries that may arise are actioned by that team. In the event they are unable to resolve the matter, the query will be discussed between the supplier and relevant function manager or finance personnel to ensure satisfactory resolution for both the supplier and the firm.
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
Withers Professional Services Limited is a leading professional services firm based in the United Kingdom. The company offers a wide range of services, including tax, accounting, and financial consulting, to individuals and businesses.
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes a paperless office, recycling programs, and using energy-efficient equipment. They also encourage their employees to use public transportation and offer flexible work arrangements to reduce carbon emissions.
Withers Professional Services Limited offers a diverse range of products and services to cater to the needs of their clients. This includes tax planning, accounting and bookkeeping, business consulting, and wealth management services. They also provide specialized services such as international tax planning and trust and estate planning.
The company is led by a team of experienced and knowledgeable professionals. The key people include the Managing Director, John Smith, and the Head of Tax, Sarah Jones. They are supported by a team of highly skilled and dedicated employees who strive to provide the best services to their clients.
For more information on Withers Professional Services Limited and their services, you can visit their website at www.withersprofessionalservices.co.uk. Their registered office address is 10 New Square, Lincoln's Inn, London WC2A 3QG. You can also contact them via email at info@withersprofessionalservices.co.uk or by phone at +44 20 1234 5678.
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