Industry ranking
Score of 95.86/100 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 Nov 2025 - 30 Apr 2026 | 21 May 2026 | 19 | 95% | 4% | 1% | 12% |
| 01 May 2025 - 31 Oct 2025 | 10 Nov 2025 | 17 | 96% | 4% | 0% | 9% |
| 01 Nov 2024 - 30 Apr 2025 | 13 May 2025 | 10 | 95% | 4% | 1% | 10% |
| 01 May 2024 - 31 Oct 2024 | 13 Nov 2024 | 24 | 83% | 11% | 6% | 19% |
| 01 Nov 2023 - 30 Apr 2024 | 17 May 2024 | 27 | 77% | 12% | 11% | 34% |
| 01 May 2023 - 31 Oct 2023 | 06 Dec 2023 | 40 | 64% | 18% | 18% | 67% |
| 01 Nov 2022 - 30 Apr 2023 | 25 May 2023 | 15 | 93% | 4% | 3% | 7% |
| 01 May 2022 - 31 Oct 2022 | 02 Dec 2022 | 16 | 92% | 7% | 1% | 8% |
| 01 Nov 2021 - 30 Apr 2022 | 18 May 2022 | 13 | 92% | 6% | 2% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
https://www.sra.org.uk/sra/how-we-work/standard-conditions-contract 12. Payment 12.1 Payment for Goods received, or Services completed to Our satisfaction, shall be made within 30 days of receipt of a correct, itemised invoice. 12.2 Your invoice must quote the full Purchase Order Number and be addressed as detailed on the front of this Purchase Order. 12.2 We shall not be responsible for any delays in payment arising from failure to comply with these invoicing instructions. 12.2 Payment by Us shall be without prejudice to any rights or remedies available to Us under this Contract, or otherwise, and shall not constitute any binding admission by Us as to the suitability, quantity, quality or fitness for purpose of Goods received or satisfactory performance and completion of the Services by You.
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
In the first instance, any disputes regarding payment of orders should be raised with the Accounts Payable team directly. accountspayable@sra.org.uk (0121 820 2590 Option 1) If this does not lead to a satisfactory resolution within 5 working days of being raised, the matter can be escalated to the Director of Finance and Procurement. asha.saund@sra.org.uk (0121 820 2590)
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
SOLICITORS REGULATION AUTHORITY LIMITED is an active private company limited by guarantee without share capital, incorporated on 18 May 2020, based in the West Midlands region. Registered business activity: Investigation activities; General public administration activities; Regulation of and contribution to more efficient operation of businesses.
From Companies House records.