FOOT ANSTEY LLP
Company Information
- Company Number
- OC360255
- Registered Address
- Salt Quay House 4 North East Quay, Sutton Harbour, Plymouth, Devon, PL4 0BN
- Status
- Active
- Employee Count
- 630
- Turnover
- £67,664,000
- EBITDA
- £13,802,000
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 14 December 2010
- Industries
- Financial Services, Professional Services, Property, Infrastructure And Construction
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
FOOT ANSTEY LLP exhibits an average payment time of 24 days, with 65% of invoices paid within 30 days. However, a significant 40% of all payments are classified as late, indicating an inconsistent adherence to agreed payment terms despite the overall quick average. This suggests a varied payment trajectory rather than consistently prompt performance.
Volatility Analysis
The 40% late payment rate, combined with 8% of payments extending beyond 60 days, signifies notable volatility and unpredictability in payment cycles. This introduces a risk of unreliable cash flow for suppliers, as a substantial portion of invoices may experience delays beyond standard terms. Suppliers should anticipate that roughly one-third of payments will fall into the 31-60 day or over 60 day categories, impacting forecasting.
Summary Analysis
Suppliers should consider FOOT ANSTEY LLP as a moderate-risk client due to the high frequency of late payments, despite a favorable average payment speed. Key decision factors include the potential for disrupted cash flow and increased administrative costs associated with overdue invoices. To mitigate risk, suppliers are advised to establish strict payment terms, consider credit limits, or explore payment milestones for larger contracts.
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 Nov 2024 - 30 Apr 2025 | 02 Jun 2025 | 24 | 65% | 27% | 8% | 40% |
| 01 May 2024 - 31 Oct 2024 | 26 Nov 2024 | 23 | 71% | 22% | 7% | 33% |
| 01 Nov 2023 - 30 Apr 2024 | 17 May 2024 | 26 | 69% | 25% | 6% | 34% |
| 01 May 2023 - 31 Oct 2023 | 16 Nov 2023 | 23 | 66% | 29% | 5% | 40% |
| 01 Nov 2022 - 30 Apr 2023 | 18 May 2023 | 30 | 65% | 27% | 8% | 41% |
| 01 May 2022 - 31 Oct 2022 | 16 Nov 2022 | 24 | 67% | 26% | 7% | 36% |
| 01 Nov 2021 - 30 Apr 2022 | 23 May 2022 | 22 | 78% | 19% | 3% | 73% |
| 01 May 2021 - 31 Oct 2021 | 15 Nov 2021 | 24 | 72% | 22% | 6% | 30% |
| 01 Nov 2020 - 30 Apr 2021 | 28 May 2021 | 24 | 71% | 24% | 5% | 32% |
| 01 May 2020 - 31 Oct 2020 | 24 Nov 2020 | 25 | 64% | 27% | 9% | 40% |
| 01 Nov 2019 - 30 Apr 2020 | 15 May 2020 | 23 | 67% | 28% | 5% | 37% |
| 01 May 2019 - 31 Oct 2019 | 28 Nov 2019 | 27 | 78% | 13% | 9% | 25% |
| 01 Nov 2018 - 30 Apr 2019 | 17 May 2019 | 24 | 77% | 16% | 7% | 25% |
| 01 May 2018 - 31 Oct 2018 | 26 Nov 2018 | 26 | 79% | 15% | 6% | 22% |
| 01 Nov 2017 - 30 Apr 2018 | 30 May 2018 | 27 | 84% | 11% | 5% | 20% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 27 | 80% | 17% | 3% | 23% |
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
30 days payment terms
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
730
Dispute Resolution Process
Each budget holder will deal with disputes with the suppliers directly. The acocunts team will then chase up the budget holders for updates on these on a monthly basis if not resolved
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
Foot Anstey LLP operates as a law firm, structured as a limited liability partnership. This business model allows its partners to benefit from limited liability.
The firm was incorporated on 14 December 2010 and holds the company number OC360255. Its registered office is located at Salt Quay House 4 North East Quay, Sutton Harbour, Plymouth, Devon, PL4 0BN, situated within the South West region of the UK.
As a law firm in the UK market, Foot Anstey LLP typically provides a comprehensive range of legal services. These services commonly encompass legal advice, representation, and assistance with corporate, commercial, property, and private client matters.
