CLIFFORD CHANCE GERMANY LLP
Company Information
- Company Number
- OC393460
- Registered Address
- 10 Upper Bank Street, London, E14 5JJ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 29 May 2014
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
CLIFFORD CHANCE GERMANY LLP exhibits a primary trend of timely payments, with 58% completed within 30 days and an average payment time of 34 days. However, a notable 31% of payments fall into the 31-60 day range, indicating a segment of invoices experience slower processing. The 11% of payments extending beyond 60 days suggests a trajectory where some invoices face significant delays from standard terms.
Volatility Analysis
The company's payment behavior exhibits moderate volatility, with a significant portion (58%) being prompt but 11% classified as late or over 60 days, indicating some unreliability. This spread, including 31% in the 31-60 day window, introduces unpredictability for individual invoice payment dates, making precise cash flow forecasting challenging. Suppliers face a risk that a notable minority of invoices may not adhere to typical 30-day expectations.
Summary Analysis
Based on the data, CLIFFORD CHANCE GERMANY LLP is generally a reliable payer, with a majority of invoices processed promptly. Suppliers should, however, be prepared for a portion of payments to extend beyond 30 days, with 11% potentially facing significant delays beyond 60 days or being late. To mitigate risk, suppliers should consider clear communication of payment terms and potentially implement staggered payment schedules or upfront deposit requirements for larger engagements.
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 | 29 May 2025 | 34 | 58% | 31% | 11% | 11% |
| 01 May 2024 - 31 Oct 2024 | 28 Nov 2024 | 32 | 72% | 20% | 8% | 8% |
| 01 Nov 2023 - 30 Apr 2024 | 30 May 2024 | 24 | 84% | 12% | 4% | 4% |
| 01 May 2023 - 31 Oct 2023 | 27 Nov 2023 | 32 | 78% | 12% | 10% | 10% |
| 01 Nov 2022 - 30 Apr 2023 | 26 May 2023 | 27 | 89% | 7% | 4% | 4% |
| 01 May 2022 - 31 Oct 2022 | 24 Nov 2022 | 26 | 88% | 8% | 4% | 4% |
| 01 Nov 2021 - 30 Apr 2022 | 27 May 2022 | 31 | 85% | 8% | 7% | 7% |
| 01 May 2021 - 31 Oct 2021 | 26 Nov 2021 | 26 | 76% | 20% | 4% | 4% |
| 01 Nov 2020 - 30 Apr 2021 | 27 May 2021 | 24 | 87% | 9% | 4% | 11% |
| 01 May 2020 - 31 Oct 2020 | 19 Nov 2020 | 36 | 88% | 7% | 5% | 7% |
| 01 Nov 2019 - 30 Apr 2020 | 29 May 2020 | 35 | 83% | 11% | 6% | 11% |
| 01 May 2019 - 31 Oct 2019 | 28 Nov 2019 | 36 | 84% | 8% | 8% | 13% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 30 | 79% | 16% | 5% | 15% |
| 01 May 2018 - 31 Oct 2018 | 28 Nov 2018 | 32 | 81% | 8% | 11% | 15% |
| 01 Nov 2017 - 30 Apr 2018 | 30 May 2018 | 34 | 71% | 23% | 6% | 8% |
| 01 May 2017 - 31 Oct 2017 | 29 Nov 2017 | 26 | 78% | 22% | 0% | 1% |
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
45 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
90
Dispute Resolution Process
Contracts are managed by P2P team and any disputes are resolved as per contract terms with the help of Legal team.
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
CLIFFORD CHANCE GERMANY LLP is an active limited liability partnership. Based on its name and company type, it operates as a professional legal practice.
The company was incorporated on 29 May 2014 and operates under company number OC393460. Its registered office is located at 10 Upper Bank Street, London, E14 5JJ, with its broader location noted as "Other".
Limited liability partnerships in the legal sector typically specialise in providing comprehensive legal advice and representation. Such firms often offer services covering areas like corporate law, finance, litigation, real estate, and employment law to businesses and individuals within the UK market.
