Their own payment-practices filing · gov.uk

How long does Berrymans Lace Mawer LLP take to pay its suppliers?

CRN OC340981 · 7 statutory reports on record · period to 30 Sept 2021

48days

their reported average time to pay suppliers, latest period

Slower than mostvs a 31-day median across 6,185 recent filers

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

Dated record. The latest report covers a period ending 30 Sept 2021 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status: Liquidation
Type: Limited Liability Partnership
Incorporated: 23 Oct 2008
Registered office: LANDMARK ST PETER'S SQUARE, MANCHESTER, M1 4PB

0 outstanding charges on the register Accounts due 18 Dec 2025

Open the full record at Companies House.

Terms vs reality

Stated terms: 30–60 days. Reported average: 48.

Stated terms30–60d

+18 days

Reported avg48d

At a glance

The key figures

30–60d

their stated terms

34%

invoices paid outside terms

+6d

slower over the window

±3d

steady pattern

Vs peers · latest reported averages

fasterslower

Slower than 80% of large companies reporting.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 30d

H1 2019H2 2019H1 2020H2 2020H1 2021H2 2021

Where their supplier invoices land · latest period

within 30 days 34% 31–60 days 39% 61+ days 27%

The read · computed from their figures

Berrymans Lace Mawer LLP has filed 7 statutory payment periods (earliest H2 2018). Their latest report puts the average at 48 days against stated terms of 30–60 days.

The direction is slower: from 42 to 48 days over the window — about 6 days slower.

In the latest period 34% of invoices were paid outside their agreed terms, and 27% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Payment terms are agreed with suppliers during contract negotiations. The most commonly used terms allow for payment within 30 to 60 days. Counsel & expert fees (Professional Disbursements) however carry different terms for settlement. In accordance with standard procedures for law firms and in accordance with Solicitors Regulation Authority (SRA) Accounts Rules, BLM pays Professional Disbursements within two days of receipt of payment from the client for those costs, unless otherwise agreed with the supplier.

Dispute resolution

The firm's Purchase Ledger team is the first point of call for any disputes regarding payment to suppliers. E-mails can be sent to [email protected] Complaints are escalated to the relevant department head and if necessary the Finance Director.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2021	48	34%	27%	14 Oct 2021
H1 2021	53	75%	32%	29 Apr 2021
H2 2020	51	67%	32%	14 Oct 2020
H1 2020	54	70%	32%	21 Apr 2020
H2 2019	51	44%	33%	16 Oct 2019
H1 2019	42	52%	38%	12 Apr 2019
H2 2018	51	26%	30%	25 Oct 2018

Working-capital effect

What a 48-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 48-day vs a 30-day payment cycle.

≈ £19,000

of invoicing outstanding at any one time on a 48-day cycle — about £7,100 more than the same account would carry at 30-day terms.

Late Payment Act. The Late Payment of Commercial Debts Act lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers

Are they getting slower or faster?

Their reported average has moved about 6 days slower over the window (42 → 48 days).

What's their typical pay point?

Their latest reports average around day 48, moving within about ±3 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 Berrymans Lace Mawer LLP (free)

Their next payment report is due ≈ 28 Apr 2022. 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-OC340981 · latest period to 30 Sept 2021

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