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Their own payment-practices filing · gov.uk

How long does Freeths LLP take to pay its suppliers?

CRN OC304688 · 16 statutory reports on record · period to 31 Mar 2026

23days
their reported average time to pay suppliers, latest period
Faster than mostvs a 31-day median across 6,185 recent filers

Self-reported figure from their statutory filing. How this is compiled.

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On the public register · Companies House

Company record

Status
Active
Type
Limited Liability Partnership
Incorporated
16 May 2003
Registered office
80 MOUNT STREET, NOTTINGHAMSHIRE, NG1 6HH
3 outstanding charges — secured borrowing registered Accounts due 31 Dec 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 23.

Stated terms30d
-7 days
Reported avg23d

At a glance

The key figures

30d
their stated terms
24%
invoices paid outside terms
±1d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 75% of large companies reporting.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 30d
25
22
21
23
22
23
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 84% 31–60 days 14% 61+ days 2%

The read · computed from their figures

Freeths LLP has filed 16 statutory payment periods (earliest H2 2018). Their latest report puts the average at 23 days against stated terms of 30 days.

The pattern is steady — their reported average moves within about ±1 days period to period.

In the latest period 24% of invoices were paid outside their agreed terms, and 2% landed 61+ days out.

In their own words · from the filing

Standard payment terms

The business has contracts for the lease of property, equipment, software and for provision of services in connection with the operation of the business. The payment period and terms vary and resemble the normal commercial terms for these form of contracts. The business has contracts with counsel and experts for the provision of services and advice on behalf of clients. In line with industry practice these contracts are settled promptly when the client makes funds available for their settlement. All other qualifying contracts are on 30 day standard payment terms. Freeths standard terms provide that it will pay all invoices within the agreed terms of any formal agreement and in the case of other contracts within 30 days of the invoice date.

Dispute resolution

Any disagreement with payment for contracted services is advised to the supplier by the requisitioner/approver of the service. It is the responsibility of this person to resolve any disputes and approve any resolved payment.

Other information

If the business included professional disbursement contracts in its payment statistics and it calculated the payment period as the date from the date of invoice to the date of payment then the following would be the payment statistics: Average time taken to pay invoices = 30 days Invoices paid: - within 30 days = 76% - in 31 to 60 days = 14% - in 61 days or more = 10% As the agreed payment terms for professional disbursements are on a pay when paid by the client basis and the firm settles these promptly within 2 days in accordance with Solicitor Accounts Rules, professional disbursements will always be paid within term. No professional disbursements will appear in the "Invoices due but not paid within agreed terms" statistic. This statistic will fall with the inclusion of pr

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20262324%2%29 Apr 2026
H2 20252227%1%24 Oct 2025
H1 20252327%5%28 Apr 2025
H2 20242126%5%30 Oct 2024
H1 20242223%5%26 Apr 2024
H2 20232543%5%25 Oct 2023
H1 20232548%7%24 Apr 2023
H2 20222442%5%13 Oct 2022
H1 20222538%6%25 Apr 2022
H2 20213534%11%13 Oct 2021
H1 20213338%12%27 Apr 2021
H2 20204629%14%23 Oct 2020
H1 20203810%8%19 May 2020
H2 20193914%9%30 Oct 2019
H1 20193917%9%29 Apr 2019
H2 20183524%7%23 Oct 2018

Quick answers

Are they getting slower or faster?
Their reported average is steady — within about ±1 days period to period, around 23 days.
What's their typical pay point?
Their latest reports average around day 23, moving within about ±1 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch Freeths LLP (free)

Their next payment report is due ≈ 27 Oct 2026. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-OC304688 · latest period to 31 Mar 2026

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