DEVONSHIRES SOLICITORS LLP

PaymentCheck Score 2025
79Good
1.9vs last year
#1860 in UK
#61 in Professional Services
#800 in London

Company Information

Company Number
OC397401
Registered Address
30 Finsbury Circus, London, Greater London, EC2M 7DT
Status
Active
Employee Count
349
Turnover
£53,828,000
EBITDA
£16,144,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
7 January 2015
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
27 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
71%
31-60 Days
15%
After 60 Days
14%
Not Paid Within Terms15%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20252973%11%16%18%
01 Oct 2024 - 31 Mar 202530 Apr 20252973%12%15%14%
01 Oct 2023 - 31 Mar 202430 Apr 20243568%14%18%16%
01 Apr 2023 - 30 Sept 202319 Oct 20233865%15%20%22%

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

The standard business-related supplier payment terms for the majority of our suppliers is 30 days. The firm also pays suppliers for invoices related to disbursements incurred in the conduct of a matter. These invoices are payable by our clients and are charged to our clients via a bill issued by the firm. On receipt of bill payment from our clients payment is released to the supplier for their invoice(s) within 3 working days. The average number of days taken to make payments to business-related suppliers in the reporting period was 9 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

The cashier team process all supplier payments and any payment queries arising are actioned by that team. Any business supplier invoice disputes are discussed between the budget holder and the supplier in consultation with the cashier team. The budget holder will ensure there is a satisfactory resolution for both the supplier and the firm. Any disbursement supplier invoice disputes are resolved by the fee earner with conduct of the matter and the disbursement supplier. The budget holder and/or fee earner may also escalate any supplier invoice dispute to the Head of Compliance to reach a satisfactory resolution.

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

DEVONSHIRES SOLICITORS LLP is a leading law firm based in London, United Kingdom. They provide a wide range of legal services to both individuals and businesses.

The firm is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a recycling program in place and encourage their employees to use public transport or cycle to work. They also support charities and community projects, and their offices are equipped with energy-efficient technology.

DEVONSHIRES SOLICITORS LLP offers a comprehensive range of services including corporate and commercial law, real estate, banking and finance, dispute resolution, employment law, and private client services. Their team of experienced solicitors are dedicated to providing high-quality and efficient legal solutions tailored to the specific needs of their clients.

Some of the key people at DEVONSHIRES SOLICITORS LLP include the managing partner, Jane Devine, and the head of the real estate department, Mark London. They are supported by a team of highly skilled lawyers and support staff.

The firm's website, www.devonshires.com, provides detailed information about their services, team, and sustainability efforts. Their registered office address is 30 Finsbury Circus, London EC2M 7DT, United Kingdom.

In summary, DEVONSHIRES SOLICITORS LLP is a reputable law firm with a strong commitment to sustainability. They offer a wide range of legal services and are led by experienced and dedicated individuals. With their focus on sustainability and excellent legal services, they continue to be a trusted and valued partner for their clients.

Financial Metrics

Cash
£2,616,916
Net Worth
£13,963,095
Total Current Assets
£22,415,628
Total Current Liabilities
£8,775,647

Company Location