OVERDALES LEGAL LIMITED
Company Information
- Company Number
- 07407310
- Registered Address
- No. 1 The Square Thorpe Park View, Thorpe Park, Leeds, England, LS15 8GH
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 October 2010
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Coming Soon
- Region
- Yorkshire
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
OVERDALES LEGAL LIMITED exhibits a trend where a significant portion of payments extend beyond standard 30-day terms, with an average payment time of 49 days. While 65% are paid within 30 days, a notable 39% are consistently late, indicating a trajectory towards longer payment cycles for a substantial number of invoices. This suggests a pattern of slow payment rather than swift processing.
Volatility Analysis
The payment profile shows moderate volatility, as nearly 40% of invoices are paid late, with 13% extending beyond 60 days. This creates unpredictability for a supplier's cash flow planning, as almost one-third of payments (22% + 13%) will arrive 31 days or later. The primary risk factor lies in this inconsistent adherence to prompt payment, requiring suppliers to account for potential delays.
Summary Analysis
OVERDALES LEGAL LIMITED presents a moderate payment risk due to their average 49-day payment cycle and 39% late payment rate. Suppliers should factor in potential payment delays, possibly negotiating shorter payment terms or requiring upfront payments for initial transactions. Consider implementing credit limits or robust monitoring tools to mitigate the risk associated with their extended payment tendencies.
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 Jan 2025 - 30 Jun 2025 | 11 Aug 2025 | 49 | 65% | 22% | 13% | 39% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 31 | 78% | 12% | 10% | 27% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 41 | 75% | 15% | 10% | 31% |
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
Company standard payment terms = 30 days Anything outside this must be approved during contract negotiations and the supplier must have a valid business need.
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
30
Dispute Resolution Process
Disputes policy All disputes are raised and tracked through the AP department. These are then raised with the business owner of the supplier and payments will be kept on hold until any dispute is confirmed as settled by the business owner.
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.
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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?
❌
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
OVERDALES LEGAL LIMITED is an active private limited company
The company provides legal services, reflecting its specialisation within the legal sector
The company was incorporated on 14 October 2010 and is registered under company number 07407310
Its registered office is located at No
1 The Square Thorpe Park View, Thorpe Park, Leeds, England, LS15 8GH, placing its operations within Yorkshire
In the UK market, companies providing legal services typically offer a range of specialisms
These include providing legal advice, representation, drafting legal documentation, and managing various legal processes for both individuals and businesses
