BURGES SALMON LLP

PaymentCheck Score 2025
86Good
0.3vs last year
#1224 in UK
#91 in Professional Services
#64 in South West

Company Information

Company Number
OC307212
Employee Count
876
Turnover
£128,232,000
EBITDA
£42,342,000

Additional Details

Industries
Professional Services
Region
South West

Time to Pay

Average Time to Pay
24 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
86%
31-60 Days
11%
After 60 Days
4%
Not Paid Within Terms6%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-11-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2024 - 30 Apr 202527 May 20252783%12%5%8%
01 Nov 2023 - 30 Apr 202430 May 20242782%13%5%8%
01 May 2023 - 31 Oct 202327 Nov 20233584%11%5%7%
01 Nov 2022 - 30 Apr 202317 May 20232480%17%4%7%
01 Nov 2021 - 30 Apr 202206 Jun 20224359%22%19%8%
01 May 2021 - 31 Oct 202126 Nov 20214161%19%20%10%
01 Nov 2020 - 30 Apr 202124 May 20215156%20%24%12%
01 May 2017 - 31 Oct 201729 Nov 20174163%14%23%7%

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

Our typical payment terms for goods and services are 30 days from the end of the month of receipt of invoice. Invoices are paid via weekly BACS payment runs to include all invoices due to the supplier in that given period. The exception to this is where the required payment relates to certain disbursements incurred on behalf of the LLP's client (such as Expert advice and opinions provided by UK and overseas law firms or Counsel). In line with standard regulatory guidance for law firms, our policy is that payment is made on the first working day following receipt of funds from the LLP's client.

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

61

Dispute Resolution Process

Any queries relating to payment of invoices should be sent to the Accounts Payable team within the Finance department. The supplier should liaise with the relevant officer who placed the order to resolve any dispute or complaint.

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

BURGES SALMON LLP is a leading UK law firm that provides a wide range of legal services to clients across various industries. With a strong commitment to sustainability, the firm has implemented various initiatives to reduce its environmental impact and promote social responsibility.

The firm's sustainability program includes measures such as reducing paper usage, promoting energy efficiency, and supporting local community projects. They also have a dedicated team that regularly reviews and improves their sustainability practices.

In terms of their services, BURGES SALMON LLP offers expertise in various areas of law including corporate, finance, and real estate. They also have a strong focus on environmental, social, and governance issues, helping clients navigate and comply with relevant regulations.

The key people at BURGES SALMON LLP include their managing partner, Roger Bull, and their senior partner, Chris Seaton. They also have a team of highly experienced and knowledgeable lawyers who are dedicated to providing top-tier legal services to their clients.

For those interested in contacting BURGES SALMON LLP, their website address is www.burges-salmon.com. Their registered office address is at 6 New Street Square, London, EC4A 3BF. They also have offices in Bristol and Edinburgh.

In summary, BURGES SALMON LLP is a reputable UK law firm that not only offers top-quality legal services but also prioritizes sustainability and social responsibility. With a strong team of professionals and a commitment to environmental and social issues, the firm continues to be a leader in the legal industry.

Financial Metrics

Cash
£18,169,000
Net Worth
£69,474,000
Total Current Assets
£90,931,000
Total Current Liabilities
£18,820,000