BRISTOWS LLP
Company Information
- Company Number
- OC358808
- Registered Address
- 100 Victoria Embankment, London, EC4Y 0DH
- Status
- Active
- Employee Count
- 0
- Turnover
- £52,763,000
- EBITDA
- £17,906,000
Additional Details
- Website
- https://blaca.org/
- Company Type
- Limited liability partnership
- Incorporated On
- 19 October 2010
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time for BRISTOWS LLP to pay invoices has fluctuated between 55 days and 76 days over the past three years. There was a significant increase in 2020, but it has since decreased back to the previous levels. However, there has been an overall increase in the percentage of invoices paid later than 60 days.
Volatility Analysis
The average time for BRISTOWS LLP to pay invoices has been relatively stable, with the exception of a spike in 2020. However, there has been volatility in the percentage of invoices paid within 30 days and those paid later than 60 days.
Summary Analysis
From May 2020 to October 2022, BRISTOWS LLP had an average time to pay of 55-76 days. The percentage of invoices paid within 30 days ranged from 32% to 54%, with the lowest percentage being in November 2020. The percentage of invoices paid later than 60 days ranged from 32% to 52%, with the highest percentage being in November 2020. The shortest standard payment period remained at 30 days throughout all periods.
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 May 2025 - 31 Oct 2025 | 17 Nov 2025 | 63 | 45% | 18% | 37% | 47% |
| 01 Nov 2024 - 30 Apr 2025 | 17 Nov 2025 | 62 | 44% | 19% | 37% | 48% |
| 01 May 2024 - 31 Oct 2024 | 02 Dec 2024 | 62 | 46% | 14% | 40% | 52% |
| 01 Nov 2023 - 30 Apr 2024 | 20 May 2024 | 56 | 48% | 15% | 37% | 53% |
| 01 May 2023 - 31 Oct 2023 | 23 Nov 2023 | 71 | 43% | 13% | 44% | 54% |
| 01 Nov 2022 - 30 Apr 2023 | 22 May 2023 | 61 | 50% | 12% | 38% | 53% |
| 01 May 2022 - 31 Oct 2022 | 16 Nov 2022 | 63 | 46% | 10% | 44% | 49% |
| 01 Nov 2021 - 30 Apr 2022 | 24 May 2022 | 60 | 49% | 7% | 44% | 55% |
| 01 May 2021 - 31 Oct 2021 | 19 Nov 2021 | 62 | 38% | 17% | 45% | 59% |
| 01 Nov 2020 - 30 Apr 2021 | 19 Nov 2021 | 61 | 38% | 15% | 47% | 61% |
| 01 May 2020 - 31 Oct 2020 | 26 Nov 2020 | 76 | 32% | 16% | 52% | 62% |
| 01 Nov 2019 - 30 Apr 2020 | 20 May 2020 | 54 | 44% | 18% | 38% | 54% |
| 01 May 2019 - 31 Oct 2019 | 27 Nov 2019 | 61 | 41% | 11% | 48% | 53% |
| 01 Nov 2018 - 30 Apr 2019 | 17 May 2019 | 58 | 46% | 16% | 38% | 52% |
| 01 May 2018 - 31 Oct 2018 | 15 Nov 2018 | 56 | 47% | 11% | 42% | 50% |
| 01 Nov 2017 - 30 Apr 2018 | 18 May 2018 | 58 | 51% | 14% | 35% | 52% |
| 01 May 2017 - 31 Oct 2017 | 27 Nov 2017 | 55 | 54% | 14% | 32% | 49% |
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
Suppliers are paid 30 days after the date of their invoice, subject to our satisfaction that the goods and services have been properly delivered in accordance with the supplier's obligations. As is the norm with law firms, payment to Counsel and other suppliers of professional services that are incurred on behalf of clients, are paid within two days of our being put in funds by our client, unless agreed otherwise with the supplier
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
Invoice disputes should be referred, in the first instance, to the individual in the firm who was responsible for procuring the goods or services in question. Should they not be able to resolve the dispute, then it should be referred to the firm's CFO.
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?
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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
BRISTOWS LLP is a leading law firm based in London, United Kingdom
The firm specializes in providing legal services to clients in the technology, life sciences, and media industries
The firm's sustainability program is focused on reducing their carbon footprint and promoting environmentally friendly practices
They have implemented various initiatives such as using renewable energy sources, reducing paper usage, and promoting recycling within their offices
In terms of products and services, BRISTOWS LLP offers a wide range of legal services including intellectual property, corporate and commercial law, competition law, and data protection
They also provide advice on regulatory compliance and dispute resolution
The key people at BRISTOWS LLP include their managing partner, Theo Savvides, and their senior partner, Mark Watts
They are supported by a team of experienced lawyers and legal professionals
BRISTOWS LLP can be contacted through their website, which provides information on their services, news, and insights on legal developments
Their registered office address is at 100 Victoria Embankment, London, EC4Y 0DH
Overall, BRISTOWS LLP is a prominent law firm with a strong focus on sustainability and providing top-quality legal services to their clients in various industries
