FORSTERS LLP
Company Information
- Company Number
- OC306185
- Registered Address
- 22 Baker Street, London, England, W1U 3BW
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 1 December 2003
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
FORSTERS LLP demonstrates a strong trend of timely payments, with an average payment time of 28 days. A significant 87% of invoices are settled within 30 days, indicating a consistent and generally prompt payment trajectory.
Volatility Analysis
Despite the high on-time rate, 14% of payments are late, with 9% occurring between 31-60 days and 4% extending beyond 60 days. This introduces a moderate level of unpredictability for a minority of invoices, posing a potential cash flow risk for suppliers.
Summary Analysis
Suppliers can generally expect timely payments from FORSTERS LLP, given the 28-day average and 87% on-time rate. However, it is advisable to factor in the 14% late payment risk, particularly the 4% that are severely delayed, by considering payment terms that protect against extended cycles for critical transactions.
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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 28 | 87% | 9% | 4% | 14% |
| 01 Oct 2024 - 31 Mar 2025 | 24 Apr 2025 | 26 | 90% | 7% | 3% | 12% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 28 | 85% | 9% | 5% | 17% |
| 01 Oct 2023 - 31 Mar 2024 | 25 Apr 2024 | 28 | 83% | 10% | 7% | 19% |
| 01 Apr 2023 - 30 Sept 2023 | 18 Oct 2023 | 28 | 82% | 12% | 6% | 19% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 29 | 82% | 10% | 8% | 19% |
| 01 Apr 2022 - 30 Sept 2022 | 21 Oct 2022 | 35 | 81% | 10% | 9% | 19% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 30 | 82% | 10% | 8% | 19% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 33 | 82% | 10% | 8% | 20% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 35 | 79% | 11% | 10% | 15% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 29 | 75% | 15% | 11% | 24% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 26 | 81% | 12% | 7% | 27% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 25 | 83% | 11% | 6% | 27% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 24 | 85% | 11% | 4% | 38% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 28 | 83% | 10% | 7% | 38% |
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
Forsters LLP aims to settle supplier invoices in accordance with the payment terms agreed with the supplier. Where no terms are agreed, invoices are paid 30 days from receipt of the invoice.
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 must first be raised with the head of the relevant department that has procured the goods or services. Once raised, the head of the department will liaise with the Head of Finance in order to resolve the dispute.
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
FORSTERS LLP is an active limited liability partnership operating under the name Forsters
This type of business structure is commonly adopted by professional services firms in the UK
FORSTERS LLP was incorporated on 1 December 2003 and holds the company number OC306185
It has its registered office at 22 Baker Street, London, England, W1U 3BW
Limited liability partnerships in the UK typically provide a range of professional services
These commonly include legal, accounting, consultancy, architectural, or other advisory services to clients
