TAYLOR WESSING SERVICES LIMITED

PaymentCheck Score 2025
76Good
13.5vs last year
#2064 in UK
#884 in London

Company Information

Company Number
07466427
Registered Address
5 New Street Square, London, EC4A 3TW
Status
Active
Employee Count
755
Turnover
£83,983,000
EBITDA
£3,999,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 December 2010
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
32 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
55%
31-60 Days
33%
After 60 Days
12%
Not Paid Within Terms45%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-11-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 May 2025 - 31 Oct 202504 Nov 20252480%7%13%20%
01 Nov 2024 - 30 Apr 202509 May 20254062%21%17%38%
01 Nov 2023 - 30 Apr 202422 May 20244155%30%15%45%
01 May 2023 - 31 Oct 202321 Nov 20234951%25%24%49%
01 Nov 2022 - 30 Apr 202316 May 20233867%19%14%33%
01 Nov 2021 - 30 Apr 202224 May 20223670%18%12%30%
01 May 2021 - 31 Oct 202125 Nov 20213658%25%17%42%
01 Nov 2020 - 30 Apr 202121 May 20212877%16%7%23%
01 May 2019 - 31 Oct 201913 Nov 20193556%36%8%44%
01 Nov 2018 - 30 Apr 201910 May 20193164%29%7%36%
01 May 2018 - 31 Oct 201816 Nov 20183268%19%13%31%
01 May 2017 - 31 Oct 201716 Nov 20172676%19%5%24%

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

Suppliers of goods and services to the Firm are offered 30 day payment terms and their invoices included in a fortnightly payment run as they fall due.

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

Any complaints should be submitted to the Taylor Wessing member of staff managing the contract, who may involve their director or team leader as necessary. If there is any further dispute, this would be escalated and referred to the Senior In-House Counsel

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

Company Summary

TAYLOR WESSING SERVICES LIMITED is a leading international law firm with a strong commitment to sustainability. They offer a wide range of legal services to clients across various industries, including technology, life sciences, and real estate.

The firm's sustainability program focuses on reducing their environmental impact and promoting responsible business practices. They have implemented various initiatives such as reducing paper usage, promoting recycling, and encouraging the use of public transportation among their employees. They also have a dedicated team that continuously works on improving their sustainability efforts.

In terms of products and services, TAYLOR WESSING SERVICES LIMITED provides legal advice and support to their clients on various matters, including corporate law, intellectual property, and employment law. They also offer specialized services such as data protection and cybersecurity, which are essential in today's digital age.

The firm is led by a team of experienced and skilled professionals, including managing partner Shane Gleghorn and senior partner Tim Eyles. They are supported by a team of over 1,000 lawyers and professionals across their 33 offices worldwide.

For those interested in contacting TAYLOR WESSING SERVICES LIMITED, their website address is www.taylorwessing.com. Their registered office address is 5 New Street Square, London EC4A 3TW, United Kingdom. They also have additional offices in various cities across Europe, the Middle East, and Asia.

Financial Metrics

Cash
£3,597,375
Net Worth
£3,011,370
Total Current Assets
£13,059,649
Total Current Liabilities
£10,048,303

Company Location