WEIGHTMANS (SCOTLAND) LLP
Company Information
- Company Number
- SO304314
- Registered Address
- The Ink Building, 24 Douglas Street, Glasgow, Scotland, G2 7NQ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 7 March 2013
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
WEIGHTMANS (SCOTLAND) LLP demonstrates a strong trend of timely payments, with an average of 22 days and 85% of invoices settled within 30 days. This indicates a consistent commitment to promptness for the majority of their obligations. Crucially, there are no reported payments exceeding 60 days, highlighting a very low risk of extended payment delays.
Volatility Analysis
Despite a 20% late payment rate, 15% of these fall within a manageable 31-60 day window, indicating a degree of predictability in the maximum delay. The complete absence of payments over 60 days significantly reduces extreme payment volatility and provides clear boundaries for expected settlement. Suppliers can largely anticipate payment within 60 days, even for delayed invoices.
Summary Analysis
Overall, WEIGHTMANS (SCOTLAND) LLP presents a low-risk payment profile, characterized by prompt settlement for the vast majority of invoices. Key decision factors for suppliers include their strong adherence to paying within 60 days and reliable average payment speed. To mitigate potential minor delays, suppliers should factor in the 15% falling into the 31-60 day bracket when managing cash flow expectations.
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 | 13 Nov 2025 | 22 | 85% | 15% | 0% | 20% |
| 01 Nov 2024 - 30 Apr 2025 | 14 May 2025 | 19 | 89% | 11% | 0% | 17% |
| 01 May 2024 - 31 Oct 2024 | 14 Nov 2024 | 23 | 83% | 11% | 6% | 25% |
| 01 Nov 2023 - 30 Apr 2024 | 15 May 2024 | 21 | 78% | 22% | 0% | 33% |
| 01 May 2023 - 31 Oct 2023 | 21 Nov 2023 | 27 | 64% | 36% | 0% | 27% |
| 01 Nov 2022 - 30 Apr 2023 | 18 May 2023 | 26 | 61% | 36% | 4% | 43% |
| 01 May 2021 - 31 Oct 2021 | 29 Nov 2021 | 26 | 75% | 19% | 6% | 31% |
| 01 Nov 2020 - 01 Apr 2021 | 17 May 2021 | 23 | 90% | 5% | 5% | 5% |
| 01 May 2020 - 31 Oct 2020 | 17 Dec 2020 | 11 | 94% | 3% | 3% | 8% |
| 01 Nov 2019 - 30 Apr 2020 | 11 Jun 2020 | 11 | 90% | 9% | 1% | 15% |
| 01 Nov 2018 - 30 Apr 2019 | 28 May 2019 | 13 | 86% | 11% | 3% | 22% |
| 01 May 2018 - 31 Oct 2018 | 29 Nov 2018 | 15 | 84% | 9% | 6% | 23% |
| 01 Nov 2017 - 30 Apr 2018 | 31 May 2018 | 33 | 62% | 24% | 14% | 47% |
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
For all normal supplier invoices we aim to pay within the supplier terms. In some cases when suppliers have stated 7 or 14 day payment terms on their invoices it can prove difficult to get invoices approved, posted and paid within such short terms. Counsel and Expert invoices carry different terms. Accepted industry practice is that legal disbursements are paid to the supplier following receipt from the ultimate client. Suppliers paid this way are made aware of this when entering contracts with us.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Most invoices not paid to terms are those on 14 days or fewer terms. For the majority of invoices not paid to terms, payment is only 1 or 2 days outside terms.
Maximum contractual payment period agreed
30
Dispute Resolution Process
We review every dispute on its merits and involve finance team members and our case handlers as required – escalating if necessary.
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?
❌
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
WEIGHTMANS (SCOTLAND) LLP is an active limited liability partnership operating as a provider of legal services
The company was incorporated on 7 March 2013 and holds company number SO304314
Its registered office is situated at The Ink Building, 24 Douglas Street, Glasgow, Scotland, G2 7NQ
As a legal service limited liability partnership in the UK market, it provides advice and representation across various practice areas
These services commonly include commercial law, property law, employment law, and dispute resolution
