TRAVERS SMITH LLP
Company Information
- Company Number
- OC336962
- Registered Address
- 10 Snow Hill, London, EC1A 2AL
- Status
- Active
- Employee Count
- 752
- Turnover
- £214,081,000
- EBITDA
- £82,765,000
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 30 April 2008
- Industries
- Financial Services, 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 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% |
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 invoices mainly use payment terms, for contracts require payment with 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 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.
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
Travers Smith LLP is a leading UK-based law firm that provides a wide range of legal services to clients across various industries. Founded in 1810, the firm has a long history of excellence and has established itself as a top player in the legal sector.
The firm's core activities include providing legal advice and representation in areas such as corporate and commercial law, finance, real estate, tax, and dispute resolution. They also offer specialized services in areas such as data protection, employment law, and intellectual property.
Travers Smith is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include using renewable energy sources, reducing paper usage, and promoting environmentally friendly practices among its employees.
In addition to its sustainability efforts, Travers Smith also offers pro bono services to support charitable organizations and promote access to justice for all. The firm's lawyers regularly volunteer their time and expertise to provide legal assistance to those in need.
The key people at Travers Smith include Senior Partner Kathleen Russ, Managing Partner David Patient, and Head of Corporate Spencer Summerfield. They lead a team of highly skilled and experienced lawyers who are dedicated to providing high-quality legal services to their clients.
For more information about Travers Smith LLP and their services, you can visit their website at www.traverssmith.com. Their registered office address is 10 Snow Hill, London, EC1A 2AL.
