REYNOLDS PORTER CHAMBERLAIN LLP
Company Information
- Company Number
- OC317402
- Registered Address
- Tower Bridge House, St. Katharines Way, London, E1W 1AA
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 24 January 2006
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average payment time of 133 days indicates a significant tendency for delayed payments across the board. While nearly half (49%) of invoices are settled within 30 days, a substantial 36% are paid over 60 days, revealing a consistent trend towards extended payment cycles for a considerable portion of transactions. This data suggests a dual payment trajectory where prompt payments occur for some invoices, but a large segment experiences significant delays.
Volatility Analysis
The wide distribution of payment speeds, ranging from 49% within 30 days to 36% over 60 days, indicates a lack of payment predictability for suppliers. Although only 5% of payments are strictly classified as late, the high proportion exceeding 60 days introduces considerable cash flow volatility. This inconsistency presents a notable risk factor for suppliers who rely on reliable and timely remuneration.
Summary Analysis
Suppliers engaging with REYNOLDS PORTER CHAMBERLAIN LLP should anticipate extended payment terms, with an average of 133 days and a significant portion exceeding 60 days. Key decision factors should include the capacity to manage substantial working capital gaps and the potential impact on cash flow. To mitigate risk, consider negotiating shorter payment terms, requesting upfront deposits for larger projects, or adjusting pricing to account for the extended payment timelines.
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 2024 - 30 Apr 2025 | 18 Nov 2025 | 133 | 49% | 15% | 36% | 5% |
| 01 Nov 2024 - 30 Apr 2025 | 27 May 2025 | 78 | 49% | 15% | 36% | 5% |
| 01 May 2024 - 31 Oct 2024 | 18 Dec 2024 | 80 | 50% | 15% | 35% | 7% |
| 01 Nov 2023 - 30 Apr 2024 | 04 Jun 2024 | 87 | 46% | 17% | 37% | 8% |
| 01 May 2023 - 31 Oct 2023 | 29 Nov 2023 | 90 | 46% | 15% | 39% | 5% |
| 01 Nov 2022 - 30 Apr 2023 | 25 May 2023 | 96 | 47% | 13% | 40% | 9% |
| 01 May 2022 - 31 Oct 2022 | 29 Nov 2022 | 94 | 44% | 15% | 41% | 12% |
| 01 Nov 2021 - 30 Apr 2022 | 31 May 2022 | 90 | 42% | 16% | 42% | 10% |
| 01 May 2021 - 31 Oct 2021 | 29 Nov 2021 | 83 | 40% | 17% | 43% | 10% |
| 01 Nov 2020 - 30 Apr 2021 | 08 Jun 2021 | 84 | 40% | 20% | 40% | 11% |
| 01 May 2020 - 31 Oct 2020 | 30 Nov 2020 | 69 | 36% | 19% | 45% | 12% |
| 01 Nov 2019 - 30 Apr 2020 | 16 Jun 2020 | 69 | 48% | 20% | 32% | 12% |
| 01 May 2019 - 31 Oct 2019 | 28 Nov 2019 | 60 | 52% | 21% | 27% | 17% |
| 01 Nov 2018 - 30 Apr 2019 | 29 May 2019 | 57 | 57% | 17% | 26% | 9% |
| 01 May 2018 - 31 Oct 2018 | 30 Nov 2018 | 51 | 58% | 17% | 26% | 4% |
| 01 Nov 2017 - 30 Apr 2018 | 24 May 2018 | 53 | 57% | 16% | 26% | 10% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 16 | 91% | 8% | 1% | 13% |
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
Third party disbursements are paid within two working days of receipt of funds from our client in payment of the bill. There is no maximum contractual period. There have been no changes to the standard payment terms in the reporting period. Office supplies are paid in line with terms specified by suppliers, based on date of receipt of the invoice. Where no terms are specified on an invoice payments will be made within 30 days from receipt of the invoice. The maximum contractual term in the period was 60 days. There have been no changes to the standard payment terms in the reporting period.
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
A complaint or concern regarding payment of an invoice will be considered initially by the finance department with reference to the team responsible for purchasing the good or service. If an issue is not acceptably resolved it would then be escalated to the head of Finance or CFO for resolution.
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
REYNOLDS PORTER CHAMBERLAIN LLP is an active limited liability partnership functioning as a professional services firm
Its company name and legal structure indicate it operates as a legal practice in the UK
The partnership was incorporated on 24 January 2006 and is registered under company number OC317402
Its registered office is located at Tower Bridge House, St
Katharines Way, London, E1W 1AA
As a legal practice, REYNOLDS PORTER CHAMBERLAIN LLP provides a comprehensive range of legal services to its clients
These typically include litigation and dispute resolution, corporate and commercial law, employment law, property law, and regulatory advice
