BROWNE JACOBSON LLP
Company Information
- Company Number
- OC306448
- Registered Address
- Mowbray House, Castle Meadow Road, Nottingham, NG2 1BJ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 31 December 2003
- Industries
- Coming Soon
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
BROWNE JACOBSON LLP exhibits a strong trend towards prompt payment, consistently settling invoices with an average payment time of 24 days. A significant 90% of payments are completed within the standard 30-day window, indicating a highly reliable and efficient payment trajectory. This demonstrates a predictable and favorable pattern for suppliers regarding payment speed.
Volatility Analysis
Despite the strong overall performance, there is a low level of payment volatility, with 14% of invoices categorized as late. Specifically, 8% of payments are made between 31-60 days, and a minor 2% extend beyond 60 days. This indicates that while highly predictable for the majority, a small proportion of invoices carry a higher risk of extended payment delays.
Summary Analysis
BROWNE JACOBSON LLP represents a low payment risk for suppliers, with key decision factors being their swift average payment time and high on-time payment rate. Suppliers can generally expect prompt payment, but should note the 14% late payment rate, with a small fraction experiencing significant delays. For high-value transactions, consider proactive follow-up beyond 30 days as a risk mitigation strategy for the minority of delayed payments.
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 | 14 Oct 2025 | 24 | 90% | 8% | 2% | 14% |
| 01 Nov 2024 - 31 Mar 2025 | 25 Apr 2025 | 23 | 90% | 9% | 1% | 14% |
| 01 May 2024 - 31 Oct 2024 | 26 Nov 2024 | 25 | 89% | 9% | 2% | 15% |
| 01 Nov 2023 - 30 Apr 2024 | 28 May 2024 | 28 | 85% | 12% | 4% | 20% |
| 01 May 2023 - 31 Oct 2023 | 23 Nov 2023 | 28 | 78% | 18% | 4% | 28% |
| 01 Nov 2022 - 30 Apr 2023 | 08 Jun 2023 | 35 | 69% | 22% | 10% | 37% |
| 01 May 2022 - 31 Oct 2022 | 29 Nov 2022 | 55 | 47% | 28% | 25% | 20% |
| 01 Nov 2021 - 30 Apr 2022 | 06 Jun 2022 | 56 | 50% | 22% | 28% | 13% |
| 01 May 2021 - 31 Oct 2021 | 29 Nov 2021 | 55 | 56% | 18% | 26% | 11% |
| 01 Nov 2020 - 30 Apr 2021 | 27 May 2021 | 62 | 49% | 22% | 29% | 14% |
| 01 May 2020 - 31 Oct 2020 | 30 Nov 2020 | 78 | 46% | 21% | 33% | 10% |
| 01 Nov 2019 - 30 Apr 2020 | 26 May 2020 | 69 | 46% | 20% | 34% | 15% |
| 01 May 2019 - 31 Oct 2019 | 26 Nov 2019 | 67 | 37% | 31% | 32% | 34% |
| 01 Nov 2018 - 30 Apr 2019 | 29 May 2019 | 69 | 20% | 47% | 33% | 54% |
| 01 May 2018 - 31 Oct 2018 | 28 Nov 2018 | 51 | 42% | 40% | 18% | 39% |
| 01 Nov 2017 - 30 Apr 2018 | 17 May 2018 | 50 | 51% | 32% | 17% | 34% |
| 01 May 2017 - 31 Oct 2017 | 24 Nov 2017 | 35 | 44% | 50% | 5% | 65% |
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
Standard payment terms for Browne Jacobson LLP are 30 days from date of invoice on normal qualifying contracts. In common with other law firms, we also pay professional disbursements (such as counsel fees) on behalf of clients on a “pay when paid” basis. It is standard industry practice to settle these with the supplier when the client makes funds available for their settlement.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
If we were to include professional disbursements in the Firm’s payment statistics, and calculate the payment period from the date of invoice to the date the supplier received payment, then the payment statistics would be as follows: - Average time taken to pay invoices: 44 days - Invoices paid within 30 days: 58% - Invoices paid in 31 to 60 days: 22% - Invoices paid in 61 days or more: 20% Agreed payment terms for professional disbursements are that they are paid by us when paid by the client, and that we settle these promptly within two days in accordance with the rules set by the Solicitors Regulation Authority. Thus, professional disbursements are always paid within terms, and none will appear in the “Invoices due but not paid within terms” statistic.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Suppliers are contacted to notify them there is an issue with the invoice. The business representative who ordered the goods/services from the supplier then works to resolve with their contact at the supplier.
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.
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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
Company Summary
BROWNE JACOBSON LLP is a limited liability partnership (LLP), a common structure for professional services firms in the UK
Based on its name and company type, it operates within the legal services sector
The company, identified by company number OC306448, was incorporated on 31 December 2003 and maintains an active status
Its registered office is located at Mowbray House, Castle Meadow Road, Nottingham, NG2 1BJ, situating its operations primarily within the East Midlands
Typically, a legal services LLP in the UK provides a comprehensive range of professional advice and representation
These services often encompass areas such as commercial law, employment law, property law, dispute resolution, and regulatory compliance for corporate and individual clients
