CLIFFORD CHANCE EUROPE LLP

PaymentCheck Score 2025
65Fair
4.5vs last year
#2796 in UK
#92 in Professional Services
#1122 in London

Company Information

Company Number
OC312404
Employee Count
364
Turnover
£137,818,000
EBITDA
£61,576,000

Additional Details

Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
33 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
46%
31-60 Days
44%
After 60 Days
10%
Not Paid Within Terms10%

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 202529 May 20254254%25%21%21%
01 Nov 2023 - 30 Apr 202430 May 20244743%35%22%22%
01 May 2023 - 31 Oct 202327 Nov 20232758%36%6%6%
01 Nov 2022 - 30 Apr 202326 May 20233852%40%8%8%
01 Nov 2021 - 30 Apr 202227 May 20222273%17%10%10%
01 May 2021 - 31 Oct 202126 Nov 20212375%20%5%5%
01 Nov 2020 - 30 Apr 202127 May 20212976%16%8%12%
01 May 2019 - 31 Oct 201928 Nov 20192858%30%12%18%
01 Nov 2018 - 30 Apr 201922 May 20193070%18%12%15%
01 May 2017 - 31 Oct 201729 Nov 20177350%20%30%40%

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

45 Days

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

Contracts are managed by P2P team and any disputes are resolved as per contract terms with the help of Legal team.

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

CLIFFORD CHANCE EUROPE LLP is a multinational law firm that provides a wide range of legal services to clients across Europe. The company is committed to sustainability and has a strong focus on responsible business practices.

The firm offers a variety of services including corporate and commercial law, banking and finance, competition and antitrust, intellectual property, and employment law. They also provide advice on sustainability-related matters such as environmental regulations and social responsibility.

CLIFFORD CHANCE EUROPE LLP has a dedicated sustainability program in place, which includes initiatives such as reducing their carbon footprint, promoting diversity and inclusion, and supporting pro bono work. They also have a sustainability committee that oversees the implementation of sustainable practices within the company.

Some key people in the firm include Matthew Layton, the Global Managing Partner, and Jeroen Ouwehand, the Chairman of the firm. Both are strong advocates for sustainability and have been instrumental in driving the firm's sustainability efforts.

The firm's registered office address is 10 Upper Bank Street, London, E14 5JJ, United Kingdom. They also have offices in various cities across Europe, including Brussels, Frankfurt, and Paris. Their website address is www.cliffordchance.com, where interested individuals can find more information about their services and sustainability efforts.

In conclusion, CLIFFORD CHANCE EUROPE LLP is a reputable law firm that not only provides top-notch legal services but also prioritizes sustainability and responsible business practices. With their strong commitment to sustainability, the firm continues to make a positive impact in the legal industry and the communities they serve.

Financial Metrics

Cash
£3,965,709
Net Worth
£32,080,583
Total Current Assets
£77,657,093
Total Current Liabilities
£47,662,237