SHAKESPEARE MARTINEAU LLP
Company Information
- Company Number
- OC319029
- Employee Count
- 926
- Turnover
- £91,678,000
- EBITDA
- £10,351,000
Additional Details
- Website
- https://brucewallace.co.uk/
- Industries
- Professional Services
- Region
- West Midlands
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 2023 - 30 Apr 2024 | 12 Jun 2024 | 24 | 66% | 30% | 5% | 35% |
| 01 May 2023 - 31 Oct 2023 | 15 Nov 2023 | 14 | 86% | 13% | 1% | 14% |
| 01 Nov 2022 - 30 Apr 2023 | 03 Jul 2023 | 16 | 84% | 15% | 1% | 16% |
| 01 May 2022 - 31 Oct 2022 | 17 Nov 2022 | 17 | 79% | 19% | 2% | 21% |
| 01 Nov 2021 - 30 Apr 2022 | 25 Jul 2022 | 17 | 80% | 18% | 2% | 20% |
| 01 May 2021 - 31 Oct 2021 | 31 Dec 2021 | 13 | 92% | 7% | 1% | 8% |
| 01 Nov 2020 - 30 Apr 2021 | 02 Jun 2021 | 13 | 95% | 5% | 0% | 5% |
| 01 Nov 2018 - 30 Apr 2019 | 31 May 2019 | 17 | 90% | 8% | 2% | 15% |
| 01 May 2017 - 31 Oct 2017 | 29 Nov 2017 | 13 | 94% | 5% | 1% | 9% |
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
Our standard payment terms are 30 days. If a supplier has been with us prior to the introduction of the standard 30 day terms then each invoice is paid according to the terms set by our supplier. All payments are frequently made within the payment terms of 7 to 30 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
30
Dispute Resolution Process
Our firm aims to resolve all supplier disputes within 48 hours of receipt of the invoice. In cases where there is a dispute the supplier is contacted and the invoice is reviewed at that point. Usually a resolution is immediate. In cases where the resolution is not immediate the supplier will receive verbal and written communication from our accounts payable team. Once a dispute has been resolved our accounts payable team will advise the supplier of the next payment date.
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.
❌
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
SHAKESPEARE MARTINEAU LLP is a leading law firm based in the UK, with a strong focus on sustainability and environmental responsibility. The firm offers a wide range of legal services to clients across various sectors, including corporate, commercial, private client, and real estate.
The sustainability program at SHAKESPEARE MARTINEAU LLP is led by a dedicated team that works to reduce the firm's carbon footprint and promote eco-friendly practices. They have implemented various initiatives, such as using renewable energy sources, reducing paper usage, and promoting recycling within the workplace.
In terms of products and services, SHAKESPEARE MARTINEAU LLP offers a comprehensive range of legal solutions to meet the needs of their clients. Their expertise includes corporate and commercial law, employment law, dispute resolution, and intellectual property law, among others.
The firm is led by a team of experienced and highly skilled professionals, including managing partner Sarah Walker-Smith and senior partner Andrew Whitehead. They are committed to delivering exceptional legal services while also promoting sustainability and social responsibility.
For those looking to contact SHAKESPEARE MARTINEAU LLP, their website address is https://www.shma.co.uk/. Their registered office address is No.1 Colmore Square, Birmingham, B4 6AA, UK.
