Score of 89.2/100 qualifies for PaymentCheck Certification
BRABNERS LLP maintains a solid average payment time of 34 days, with 85% of invoices settled within 30 days, indicating a generally prompt payment culture. The 31-60 day bracket accounts for 9% of payments, suggesting a small but consistent portion of invoices experience moderate delays beyond standard terms. The 6% of payments exceeding 60 days represents a minor tail risk but is worth monitoring for high-value invoices.
With 90% of payments resolved within 60 days, BRABNERS LLP demonstrates reasonable predictability for cash flow planning purposes. However, the 10% late payment rate introduces a degree of unreliability that slightly undermines the otherwise strong 30-day performance, suggesting occasional internal processing delays or approval bottlenecks. Suppliers relying on tight payment cycles should account for the possibility that approximately 1 in 10 invoices will not be settled on time.
BRABNERS LLP presents a moderate-to-low payment risk profile and is broadly suitable as a client for most suppliers, particularly those with flexible cash flow positions. The primary risk mitigation recommendation is to include clear payment terms in contracts and issue proactive reminders as the 30-day threshold approaches to reduce the likelihood of late payments. Suppliers with stricter liquidity requirements should consider requesting shorter net payment terms or partial upfront payments to offset the 10% late payment exposure.
| 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 2023 - 30 Apr 2024 | 19 Jul 2024 | 22 | 85% | 11% | 4% | 8% |
| 01 May 2023 - 31 Oct 2023 | 19 Jul 2024 | 23 | 88% | 10% | 2% | 9% |
| 01 Nov 2022 - 30 Apr 2023 | 19 Jul 2024 | 32 | 82% | 11% | 7% | 14% |
| 01 May 2022 - 31 Oct 2022 | 19 Jul 2024 | 34 | 85% | 9% | 6% | 10% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Business supplier standard payments terms are 30 days subject to any variable agreements and the figures provided generally exclude Counsels and Experts suppliers (professional disbursements) who are on variable agreements that mainly cover payment upon receipt.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The figures provided are based on our Business suppliers and these will vary upon inclusion of Professional disbursement suppliers (Counsels/Experts) that are generally on variable agreed terms (ie payment upon receipt) under SRA regulation. Importantly our payment processes support prompt Counsel/Expert supplier payment upon receipt from Clients. Any invoices not paid to terms are those that are either in dispute or that have been received later than the invoice date, but these are generally put on immediate payment once received.
Maximum contractual payment period agreed
60
We provide an initial response within 7 days to any disputes or complaints that should be raised through our Accounts Payable team. Any disputes or complaints can be escalated to our relevant Supplier relationship owner, and if necessary to senior management.
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
Brabners LLP is a limited liability partnership operating within the legal services sector in the United Kingdom. The firm's name and structure are consistent with those of an established legal practice, providing professional services through a partnership model.
Brabners LLP is registered in England and Wales under company number OC309501 and holds active status on the Companies House register. The firm's registered office is located at Horton House, Exchange Flags, Liverpool, Merseyside, L2 3YL, and it was incorporated on 7 October 2004.
As a limited liability partnership in the legal sector, firms of this type in the UK market typically provide a range of professional legal services to both commercial and private clients. These services commonly encompass areas such as corporate and commercial law, dispute resolution, employment law, real estate, and private client matters.
The limited liability partnership structure is a recognised and regulated business form in the United Kingdom, widely adopted by professional services firms to combine the operational flexibility of a partnership with the benefit of limited liability for its members. This structure is governed by the Limited Liability Partnerships Act 2000 and is subject to oversight by relevant professional regulatory bodies.