CHARLES RUSSELL SPEECHLYS LLP
Company Information
- Company Number
- OC311850
- Employee Count
- 1,026
- Turnover
- £218,286,000
- EBITDA
- £63,390,000
Additional Details
- Industries
- Financial Services, Professional Services, Property, Infrastructure And Construction
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Nov 2022 - 30 Apr 2023 | 26 May 2023 | 24 | 59% | 36% | 5% | 20% |
| 01 May 2022 - 31 Oct 2022 | 09 Jan 2023 | 29 | 57% | 36% | 7% | 19% |
| 01 Nov 2021 - 30 Apr 2022 | 06 Jun 2022 | 34 | 48% | 48% | 6% | 17% |
| 01 May 2021 - 31 Oct 2021 | 17 Dec 2021 | 35 | 69% | 24% | 7% | 26% |
| 01 Nov 2020 - 30 Apr 2021 | 21 Jun 2021 | 35 | 63% | 32% | 5% | 37% |
| 01 Nov 2018 - 30 Apr 2019 | 07 Jun 2019 | 31 | 57% | 36% | 8% | 25% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 34 | 81% | 11% | 8% | 28% |
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 Firm will only accept liability for goods and / or services delivered upon the issue of an invoice appropriately addressed to the related contact which is aligned to the instruction provided and agreed.
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
90
Dispute Resolution Process
Any disputes will be dealt with by the appropriate Business Resource Director and the Finance Department. Any delays in settlement through no fault of the supplier may be escalated to the Chief Finance Officer for further review. Complaints or concerns will be considered by the Partner or Business Support Director most closely involved with the supply. Where this does not result in a resolution that is satisfactory to the supplier, the supplier may escalate the complaint or concern to the firm’s Chief Finance Officer who will endeavor to respond within 30 days.
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
Charles Russell Speechlys LLP is a leading British law firm that provides a wide range of legal services to clients in various industries. The firm is committed to sustainability and has a dedicated sustainability program in place to reduce their environmental impact.
Their services include corporate and commercial law, dispute resolution, real estate, private wealth, and more. They also offer specialized services in areas such as art law, sports law, and technology law.
The firm has a team of highly skilled and experienced lawyers, including 170 partners, who work together to provide the best solutions for their clients. Some key people in the firm include Senior Partner James Carter, Managing Partner James Souter, and Head of Sustainability and Responsible Business Emma Bartlett.
In terms of sustainability, Charles Russell Speechlys LLP has implemented various initiatives to reduce their carbon footprint, promote diversity and inclusion, and support their local communities. They have also achieved the ISO 14001 environmental management certification and have been recognized for their efforts in sustainability by various organizations.
The firm's registered office address is 5 Fleet Place, London EC4M 7RD, and their website is www.charlesrussellspeechlys.com. They also have offices in various cities in the UK, Europe, and the Middle East, with contact information available on their website. Overall, Charles Russell Speechlys LLP is a highly reputable law firm that not only provides top-notch legal services but also prioritizes sustainability and responsible business practices.
