| 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 Jul 2025 - 31 Dec 2025 | 28 Jan 2026 | 555 | 4% | 3% | 93% | 5% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 589 | 4% | 3% | 93% | 4% |
| 01 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 538 | 4% | 4% | 92% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 552 | 3% | 3% | 94% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 582 | 3% | 2% | 95% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 13 Jul 2023 | 703 | 4% | 1% | 95% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 778 | 6% | 1% | 93% | 2% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 21 | 85% | 10% | 5% | 15% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 34 | 50% | 43% | 7% | 51% |
| 01 Jan 2021 - 30 Jun 2021 | 31 Dec 2021 | 33 | 71% | 20% | 9% | 32% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jul 2022 | 52 | 48% | 35% | 17% | 57% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2022 | 83 | 36% | 22% | 42% | 69% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jul 2022 | 52 | 38% | 39% | 23% | 74% |
| 01 Jan 2019 - 30 Jun 2019 | 27 Jul 2022 | 41 | 55% | 31% | 14% | 54% |
| 01 Jul 2018 - 31 Dec 2018 | 27 Jul 2022 | 39 | 52% | 37% | 11% | 68% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2022 | 41 | 62% | 27% | 11% | 60% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Admiral Law's standard practice is to pay trade purchase ledger suppliers within 30 days of receipt of a valid and accurate VAT invoice (unless a different payment period is specifically agreed with a particular supplier) provided we are satisfied that the goods or services have been delivered or performed in accordance with the agreement with that supplier. In addition to trade suppliers, Admiral Law also incurs professional disbursements (including counsel fees) in relation to legal cases undertaken on behalf of clients, and the majority of these invoices are subject to extended credit terms. Admiral Law’s policy is to pay these invoices within five business days of receipt of funds, in accordance with the firm's policy in relation to the Solicitors Regulation Authority (SRA) Accounts Rules, or within the terms agreed with the supplier, whichever is sooner. Prior to the H2 2022 return, Admiral Law did not include disbursement invoices in its Payment Practice Reports. Inclusion of disbursement invoices results in a significant increase in the average time to pay invoices and in the proportion of payments appearing in the "61 days or more" category. The summary below represents the payment practices metrics excluding professional disbursements invoices. Metrics excluding professional disbursement invoices: Average time taken to pay invoices : 38 Days Invoices Paid: within 30 days: 86% in 31 to 60 days: 9% in 61 days or more: 5%
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
Material disputes relating to payments with our suppliers are very rare as we will have agreed cost and payment terms prior to the goods being delivered or services being performed. Any disputes or other queries are raised and discussed with the supplier (by the relevant contact in the Admiral Law operational or finance team) with the intention of resolving the dispute or query promptly and to the satisfaction of both parties.
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
Admiral Law Limited is a Cardiff-based legal practice specialising in personal injury claims, including serious injuries, medical negligence, accidents at work, highway tripping accidents and road traffic accidents. The firm helps clients pursue compensation for injuries or losses caused by another party's negligence, and offers an online client dashboard to track claim progress. It was formed as a joint venture between personal injury solicitors Lyons Davidson and Admiral Group, and describes itself as successor practice to BDE Law, Diamond Law, Elephant Law and EUI Law. Admiral Law Limited is authorised and regulated by the Solicitors Regulation Authority. Admiral Group, established in 1993, is described as the firm's parent company.
Generated from the company's website and Companies House records. Sources: admirallaw.co.uk · admirallaw.co.uk