MACFARLANES LLP
Company Information
- Company Number
- OC334406
- Registered Address
- 20 Cursitor Street, London, EC4A 1LT
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 28 January 2008
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
MACFARLANES LLP exhibits an average payment time of 59 days, with 46% of invoices settled within 30 days. However, 26% of payments extend beyond 60 days, indicating a notable proportion of longer payment cycles. This suggests a bifurcated trend where while some payments are prompt, a significant segment contributes to the longer overall average.
Volatility Analysis
There is moderate volatility in payment timing, as 26% of payments exceed 60 days, and 10% are specifically classified as late. This introduces an element of unpredictability for suppliers, impacting cash flow planning due to varied settlement speeds. The risk of delayed payments for a portion of invoices is present, requiring cautious financial forecasting.
Summary Analysis
Suppliers engaging with MACFARLANES LLP should anticipate an average payment timeframe nearing 60 days, with a significant quarter of invoices potentially exceeding this duration. Key decision factors include the impact of a 26% over-60-day payment rate on working capital and cash flow predictability. Consider risk mitigation strategies such as negotiating stricter payment terms upfront or implementing early payment discount incentives.
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 Apr 2025 - 30 Sept 2025 | 28 Oct 2025 | 59 | 46% | 28% | 26% | 10% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 58 | 48% | 24% | 28% | 14% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 53 | 49% | 27% | 24% | 16% |
| 01 Nov 2023 - 31 Mar 2024 | 30 May 2024 | 33 | 63% | 23% | 14% | 11% |
| 01 May 2023 - 31 Oct 2023 | 30 Nov 2023 | 31 | 65% | 30% | 4% | 13% |
| 01 Nov 2022 - 30 Apr 2023 | 26 May 2023 | 31 | 64% | 27% | 9% | 12% |
| 01 May 2022 - 31 Oct 2022 | 21 Nov 2022 | 32 | 62% | 28% | 10% | 10% |
| 01 Nov 2021 - 30 Apr 2022 | 01 Jun 2022 | 31 | 66% | 23% | 11% | 9% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 38 | 64% | 20% | 16% | 9% |
| 01 Nov 2020 - 30 Apr 2021 | 26 May 2021 | 35 | 72% | 14% | 14% | 7% |
| 01 May 2020 - 31 Oct 2020 | 30 Nov 2020 | 45 | 50% | 31% | 19% | 33% |
| 01 Nov 2019 - 30 Apr 2020 | 29 May 2020 | 33 | 70% | 19% | 11% | 10% |
| 01 May 2019 - 31 Oct 2019 | 27 Nov 2019 | 28 | 77% | 15% | 8% | 8% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 33 | 74% | 15% | 11% | 17% |
| 01 May 2018 - 31 Oct 2018 | 29 Nov 2018 | 28 | 76% | 14% | 10% | 15% |
| 01 Nov 2017 - 30 Apr 2018 | 31 May 2018 | 28 | 77% | 14% | 9% | 14% |
| 01 May 2017 - 31 Oct 2017 | 29 Nov 2017 | 25 | 79% | 14% | 7% | 14% |
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
The standard payment terms for the acquisition of goods and services are net monthly. If the standard payment terms of our suppliers vary from this then we will endeavour to adhere to them. A significant proportion of the firm’s suppliers provide services that are charged directly to the firm’s clients as disbursements. These client disbursement invoices are paid on receipt of payment from the client. The average time taken to make payments in the reporting period for non-client contracts, so excluding disbursements paid on receipt from clients, is 32 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
31
Dispute Resolution Process
In case of disagreement concerning the quantity or quality of goods or services supplied, Macfarlanes and the supplier will negotiate a solution, equitable to both parties.
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.
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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
MACFARLANES LLP is an active limited liability partnership
This business structure defines it as a partnership typically engaged in providing professional services within the UK market
The company was incorporated on 28 January 2008 and is registered in England and Wales under company number OC334406
Its registered office is located in London at 20 Cursitor Street, EC4A 1LT
As a professional services limited liability partnership, MACFARLANES LLP typically provides expert advice and bespoke solutions
This commonly includes services in areas such as legal, accountancy, or management consultancy, tailored to specific client requirements
