HVG LAW LLP
Company Information
- Company Number
- OC335658
- Registered Address
- 30 Crown Place, Earl Street, London, United Kingdom, EC2A 4ES
- Status
- Active
- Employee Count
- 181
- Turnover
- £45,348,000
- EBITDA
- £7,466,000
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 17 March 2008
- Industries
- Professional Services
- Region
- London
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 Jan 2024 - 30 Jun 2024 | 19 Jul 2024 | 55 | 58% | 21% | 21% | 22% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 55 | 58% | 21% | 21% | 22% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 58 | 42% | 32% | 26% | 31% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 32 | 76% | 10% | 14% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 33 | 62% | 23% | 15% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 23 | 75% | 19% | 6% | 12% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 24 | 73% | 24% | 3% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 27 | 88% | 6% | 6% | 4% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 27 | 68% | 27% | 5% | 8% |
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
N/A
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
In the event of a dispute between HVG and the supplier a complaint can be raised to the finance department within HVG who will contact the responsible manager. The finance department and supplier have to reach agreement within a reasonable period. A reasonable period is defined by the parties involved. If the dispute is not resolved the supplier shall escalate the dispute to a senior representative of the supplier and the HVG manager shall escalate the dispute to the Board of HVG in order to resolve and settle the dispute between parties within a reasonable time (after consultation with the legal department of HVG). If a settlement cannot be met, the matter may be referred to the court of Rotterdam in the Netherlands, unless parties have agreed otherwise or have indicated another competent court, based on the agreement between the supplier and HVG, the applicable and agreed general terms and conditions and the rules of private international law.
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
HVG LAW LLP is a leading law firm based in the United Kingdom that offers a wide range of legal services to clients both nationally and internationally. The firm is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
The sustainability program at HVG LAW LLP includes measures such as reducing paper usage, promoting recycling, and implementing energy-saving practices in the office. The firm also encourages its employees to use public transportation or carpool to reduce carbon emissions.
In terms of products and services, HVG LAW LLP offers a comprehensive range of legal services such as corporate and commercial law, employment law, intellectual property law, and dispute resolution. The firm also provides specialized services for industries such as healthcare, energy, and technology.
The key people at HVG LAW LLP include a team of highly experienced and knowledgeable lawyers who are dedicated to providing top-quality legal advice and representation to their clients. The firm also has a strong support staff that helps in ensuring efficient and effective delivery of services.
For those interested in contacting HVG LAW LLP, their website address is www.hvglaw.co.uk. The firm's registered office address is located at 1 Fetter Lane, London, EC4A 1BR, United Kingdom.
