KEOGHS LLP

PaymentCheck Score 2025
47Poor
8.4vs last year
#3782 in UK
#328 in Financial Services
#1365 in London

Company Information

Company Number
OC321124
Employee Count
1,562
Turnover
£129,388,000
EBITDA
£46,604,000

Additional Details

Industries
Financial Services, Professional Services
Region
London

Time to Pay

Average Time to Pay
50 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
52%
31-60 Days
26%
After 60 Days
22%
Not Paid Within Terms48%

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: 2025-01-02
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2024 - 31 May 202530 Jun 20255844%30%26%56%
01 Jun 2024 - 30 Nov 202402 Jan 20255052%26%22%48%
01 Dec 2022 - 31 May 202330 Jun 20235347%24%29%53%
01 Jun 2022 - 30 Nov 202216 Jan 20235447%27%26%53%
01 Jun 2021 - 30 Nov 202131 Dec 20215549%25%26%51%
01 Dec 2020 - 31 May 202130 Jun 20215349%27%24%51%
01 Jun 2020 - 30 Nov 202018 Dec 20204855%23%22%45%
01 Dec 2018 - 31 May 201927 Jun 20193367%17%16%33%
01 Jun 2017 - 30 Nov 201728 Dec 20174630%47%23%71%

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

Payment terms are agreed when the first contract is made with the supplier. The most commonly used payments terms are 30 days and the maximum 60 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

60

Dispute Resolution Process

The firm’s Accounts payable department deals initially with any payment disputes as these tend to be advisory. Any complaints are escalated to the department head and if necessary the Finance Director.

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

KEOGHS LLP is a British law firm based in Bolton, Greater Manchester. They specialize in providing legal services in the fields of insurance, healthcare, and public sector. The firm was established in 1968 and has since grown to become one of the leading law firms in the UK.

The firm is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a recycling program in place and encourage their employees to use public transport or carpool to reduce carbon emissions. KEOGHS LLP also actively supports local charities and community projects.

Their range of services includes insurance litigation, corporate and commercial law, regulatory and compliance, and dispute resolution. They also offer specialized services in healthcare, such as medical malpractice and clinical negligence.

The firm has a team of highly experienced and dedicated lawyers, including 52 partners and over 400 employees. Their key people include John Whittle, the managing partner, and Suzanne Liversidge, the senior partner.

To contact KEOGHS LLP, individuals can visit their website at www.keoghs.co.uk or visit their registered office at 15-17 Dobson Park Way, Ince, Wigan WN2 2DX. They also have offices in London and Southampton. KEOGHS LLP strives to provide excellent legal services while also promoting sustainability and making a positive impact in the community.

Financial Metrics

Cash
£4,146,000
Net Worth
£72,898,000
Total Current Assets
£116,990,000
Total Current Liabilities
£49,249,000