CRIPPS LLP

PaymentCheck Score 2025
82Good
1.5vs last year
#1598 in UK
#239 in Financial Services
#272 in South East

Company Information

Company Number
OC311169
Registered Address
Number 22 Mount Ephraim, Tunbridge Wells, Kent, England, TN4 8AS
Status
Active
Employee Count
405
Turnover
£44,639,000
EBITDA
£10,547,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
25 January 2005
Industries
Financial Services,Professional Services,Property,Infrastructure And Construction
Region
South East

Time to Pay

Average Time to Pay
23 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
85%
31-60 Days
10%
After 60 Days
5%
Not Paid Within Terms28%

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: 2024-11-28
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 202528 May 20252581%11%8%30%
01 Nov 2023 - 30 Apr 202430 May 20242485%10%5%30%
01 May 2023 - 31 Oct 202322 Nov 20232487%7%6%23%
01 Nov 2022 - 30 Apr 202323 May 20232187%8%5%19%
01 Nov 2021 - 30 Apr 202224 May 20222389%7%4%20%
01 May 2021 - 31 Oct 202122 Nov 20212090%6%4%19%
01 Nov 2020 - 30 Apr 202125 May 20212387%7%6%20%

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

The business enters into two types of contracts: • contracts on behalf of the firm which includes all costs relating to the running of the business. For these our standard terms are 30 days • contracts on behalf of the client, where the costs are then recharged to the client as disbursements. Some of these are only paid once funds are received from the 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

60

Dispute Resolution Process

Initial queries are dealt with by the purchase ledger department. There will then be a conversation between our procurer and the supplier, followed by escalation to senior management as appropriate

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

CRIPPS LLP is a leading law firm based in the United Kingdom, with offices in London, Kent, and Sussex. The firm is committed to sustainability and has implemented various initiatives to reduce their environmental impact and promote social responsibility.

Their sustainability program includes measures such as reducing paper usage, using energy-efficient technology, and promoting recycling and sustainable transportation methods. They also support various charitable and community initiatives, including volunteering and pro bono work.

In terms of their products and services, CRIPPS LLP offers a wide range of legal services to both individuals and businesses. These include corporate and commercial law, employment law, real estate, and dispute resolution. The firm prides itself on providing high-quality, cost-effective legal solutions to their clients.

The key people at CRIPPS LLP include the managing partner, Gavin Tyler, who has been with the firm for over 30 years. The firm also has a team of experienced and knowledgeable lawyers who specialize in various areas of law.

For more information on CRIPPS LLP and their services, you can visit their website at www.cripps.co.uk. Their registered office address is at 22 Mount Ephraim, Tunbridge Wells, Kent, TN4 8AS, United Kingdom. Overall, CRIPPS LLP is a reputable and sustainable law firm that is dedicated to providing excellent legal services while also making a positive impact on the environment and society.

Financial Metrics

Cash
£4,232,079
Net Worth
£12,301,249
Total Current Assets
£18,140,731
Total Current Liabilities
£7,203,566

Company Location