Industry ranking
| 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 Oct 2025 - 31 Mar 2026 | 30 Apr 2026 | 35 | 69% | 12% | 19% | 13% |
| 01 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 29 | 73% | 11% | 16% | 18% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 29 | 73% | 12% | 15% | 14% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 27 | 71% | 15% | 14% | 15% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 35 | 68% | 14% | 18% | 16% |
| 01 Apr 2023 - 30 Sept 2023 | 19 Oct 2023 | 38 | 65% | 15% | 20% | 22% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard business-related supplier payment terms for the majority of our suppliers is 30 days. In addition to business-related suppliers, 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 client, 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 7. The average number of days taken to make payments to business-related suppliers in the reporting period was:
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
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.
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
Devonshires Solicitors LLP is a law firm trading as Devonshires and Devonshires Solicitors, regulated by the Solicitors Regulation Authority. Tracing its origins to 1841, it operates from four offices and employs over 380 professionals across more than twenty service areas, including banking and finance, construction, corporate, employment, housing management, planning, procurement, property litigation and real estate. It advises clients across sectors such as social housing, real estate, charities, health and care, and public sector and social infrastructure, acting for registered providers, developers, local authorities and private organisations nationally and overseas.
Generated from the company's website and Companies House records. Sources: devonshires.com · devonshires.com