Score of 90.1/100 qualifies for PaymentCheck Certification
| 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 Jul 2025 - 31 Dec 2025 | 28 Jan 2026 | 22 | 90% | 7% | 3% | 10% |
| 01 Jan 2025 - 30 Jun 2025 | 23 Jul 2025 | 24 | 89% | 6% | 5% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 21 Jan 2025 | 22 | 88% | 8% | 4% | 12% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 24 | 86% | 8% | 6% | 14% |
| 01 Jul 2023 - 31 Dec 2023 | 02 Feb 2024 | 25 | 82% | 13% | 5% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 26 | 83% | 13% | 4% | 17% |
| 01 Jul 2022 - 31 Dec 2022 | 10 Jan 2023 | 31 | 71% | 20% | 9% | 29% |
| 01 Jan 2022 - 30 Jun 2022 | 03 Aug 2022 | 24 | 80% | 13% | 7% | 20% |
| 01 Jul 2021 - 31 Dec 2021 | 04 Feb 2022 | 13 | 93% | 5% | 2% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 06 Jul 2021 | 13 | 89% | 6% | 5% | 11% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Feb 2021 | 21 | 82% | 9% | 9% | 18% |
| 01 Jan 2020 - 30 Jun 2020 | 10 Sept 2020 | 23 | 79% | 15% | 6% | 21% |
| 01 Jul 2019 - 31 Dec 2019 | 14 Jan 2020 | 16 | 89% | 8% | 3% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 13 Dec 2019 | 20 | 86% | 8% | 6% | 14% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our invoices mainly use payment terms, for contracts require payment within 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
Our supplier would get in touch with the usual contact at Travers Smith to discuss the issue. The appropriate step would be taken to solve the issue
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.
❌
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
Travers Smith LLP is a commercial law firm registered as a limited liability partnership, based in London with an office in Brussels. It advises publicly listed and private companies, financial institutions and private equity firms on large-scale, often cross-border matters, transactions and disputes. Practice areas include corporate M&A, private equity, funds, finance, tax, employment, pensions, real estate, competition, financial services regulation, restructuring and insolvency, and dispute resolution across commercial, regulatory and contentious work. The firm also advises on sector-specific matters such as defence, security and resilience, and sports. It produces legal briefings, podcasts and industry commentary as part of its knowledge output for clients and the wider market.
Generated from the company's website and Companies House records. Sources: traverssmith.com · traverssmith.com