ADMIRAL LAW LIMITED
Company Information
- Company Number
- 08023665
- Registered Address
- Ty Admiral, David Street, Cardiff, United Kingdom, CF10 2EH
- Status
- Active
- Employee Count
- 475
- Turnover
- £15,700,000
- EBITDA
- -£8,436,000
Additional Details
- Website
- https://admirallaw.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 10 April 2012
- Nature of Business
- 69102 - Solicitors
- Industries
- Professional Services
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 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 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% |
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
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 : 35 Days Invoices Paid: within 30 days: 85% in 31 to 60 days: 7% in 61 days or more: 8%
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
Dispute Resolution Process
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.
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
ADMIRAL LAW LIMITED is a UK-based law firm that offers a wide range of legal services to individuals and businesses. The company was founded in 2013 and has since established itself as a leading player in the legal industry.
The firm's sustainability program is centered around reducing their carbon footprint and promoting environmental responsibility. They have implemented various initiatives such as recycling, energy-efficient practices, and using sustainable materials in their office operations.
ADMIRAL LAW LIMITED offers a variety of products and services, including personal injury claims, employment law, family law, and commercial law. They also have a dedicated team that specializes in insurance law and handles claims for their clients.
The key people at ADMIRAL LAW LIMITED include their Managing Director, Andrew Davies, and their Head of Legal Practice, Helen Wood. Both of them have extensive experience in the legal field and lead a team of highly skilled lawyers.
The company's website address is https://www.admirallaw.co.uk/ and their registered office address is Ty Admiral, David Street, Cardiff, CF10 2EH. They also have offices in London, Manchester, and Newport, providing their services to clients across the UK.
In summary, ADMIRAL LAW LIMITED is a reputable law firm in the UK, known for its commitment to sustainability and providing high-quality legal services to their clients. Their team of experienced professionals, range of services, and dedication to environmental responsibility make them a top choice for legal assistance.
