ADDLESHAW GODDARD LLP

PaymentCheck Score 2025
91Excellent
11.2vs last year
#845 in UK
#72 in Professional Services
#393 in London

Company Information

Company Number
OC318149
Employee Count
2,084
Turnover
£443,237,000
EBITDA
£187,355,000

Additional Details

Industries
Professional Services
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
96%
31-60 Days
4%
After 60 Days
0%
Not Paid Within Terms5%

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: 2024-11-30
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 20253094%5%1%5%
01 Nov 2023 - 30 Apr 202428 May 20243680%9%11%16%
01 May 2023 - 31 Oct 202330 Nov 20233183%10%7%14%
01 Nov 2022 - 30 Apr 202330 May 20233378%11%12%31%
01 Nov 2021 - 30 Apr 202231 May 20223581%9%11%15%
01 May 2021 - 31 Oct 202125 Nov 20213177%12%11%8%
01 Nov 2020 - 30 Apr 202128 May 20215940%27%33%5%
01 May 2019 - 31 Oct 201929 Nov 20194848%24%28%12%
01 Nov 2018 - 30 Apr 201931 May 20195251%22%27%11%
01 May 2017 - 31 Oct 201730 Nov 20173468%12%20%10%

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

Addleshaw Goddard shall pay the charges (excluding any disputed amounts) for trade suppliers within 30 days of receipt of an accurate and valid VAT invoice, unless agreed otherwise with a trade supplier. An accurate and valid invoice is one that has been approved for payment and entered on the payment system.

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

30

Dispute Resolution Process

If there is a disagreement, nominated representatives of Addleshaw Goddard and the supplier shall negotiate and settle the disagreement. If there is no settlement within 14 days, the matter is referred to the Management Partner and Managing Director of both parties. If settlement is still not reached within a further 14 days of such referral, the matter may be referred to the courts.

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

ADDLESHAW GODDARD LLP is a leading international law firm based in the United Kingdom. The firm offers a wide range of legal services to clients across various industries including corporate, finance, real estate, and litigation.

In terms of sustainability, ADDLESHAW GODDARD LLP has a dedicated sustainability program in place to reduce their environmental impact and promote responsible business practices. This includes initiatives such as reducing their carbon footprint, promoting diversity and inclusion, and supporting local communities through pro bono work and charitable donations.

The firm's products and services are tailored to meet the specific needs of their clients, with a focus on providing high-quality legal advice and solutions. Their team of experienced lawyers and legal professionals are committed to delivering exceptional service and achieving the best results for their clients.

Key people at ADDLESHAW GODDARD LLP include Charles Penney, the firm's managing partner, and John Joyce, the head of their sustainability program. They are supported by a team of over 1,200 employees across their offices in London, Manchester, Leeds, Glasgow, and Singapore.

Contact information for ADDLESHAW GODDARD LLP can be found on their website, including their registered office address in London. The website also provides more information on the firm's services, sustainability efforts, and key people.

Financial Metrics

Cash
£146,406,000
Net Worth
£234,066,000
Total Current Assets
£325,893,000
Total Current Liabilities
£82,772,000