Their own payment-practices filing · gov.uk

Thompsons Solicitors LLP pays suppliers in 30 days on average — within its stated 1–90 day terms

CRN OC356468 · 15 statutory reports on record · period to 30 Apr 2026

30daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 29 days past the shortest term they state (1 days), still within their 90-day upper term.

Faster than mostvs a 31-day median across 6,104 recent filers

Their stated terms: 1–90 days
Paid outside agreed terms: 36% of invoices
Paid after 61+ days: 6%
Reporting period: 1 Nov 2025 – 30 Apr 2026
Source: their gov.uk filing, filed 27 May 2026

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

Terms vs reality · their H1 2026 filing

Paid within their stated range — 30 against 1–90 days

PAIDLATE · terms vs the clockdays to pay · 0–100

avg 30d

0 days100 days

reported avg 30 days their filed terms 1–90 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 82% 31–60 days 12% 61+ days 6%

Source: their statutory Payment Practices Report #112019, period 1 Nov 2025 – 30 Apr 2026, filed 27 May 2026 · gov.uk payment-practices service

Thompsons Solicitors LLP pays within its stated range, 29 days past the shortest term. 36% of invoices still went outside agreed terms; 6% reached 61 days or more. Self-reported in their statutory H1 2026 filing.

The pattern · last 6 of 15 reports

Holding steady around 30 days

PAIDLATE · the patternavg days per report

Last 6 of 15 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

Steady around 30 days. Their reported average has moved within about ±3 days period to period; the dashed line marks the 1-day term they state.

The read · computed from their figures

Thompsons Solicitors LLP's H1 2026 filing puts their average at 30 days against stated terms of 1–90 days; 36% of invoices were paid outside agreed terms and 6% took 61 days or longer. Filed 27 May 2026.

The pattern is steady — their reported average moves within about ±3 days period to period.

On the latest reported averages: Faster than 55% of large companies reporting.

That is 15 statutory periods on record (earliest H2 2018) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

The terms with non- client contracts (as opposed to disbursement suppliers) vary between immediate and 90 days. Immediate terms have been taken to mean next days for these calculations.

Dispute resolution

Payment processing is dealt with by the Accounts Payable function and any supplier queries are dealt with by that team. In the event of them being unable to resolve the matter it will be escalated to management to ensure satisfactory resolution.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2026	30	36%	6%	27 May 2026
H2 2025	31	34%	8%	30 Nov 2025
H1 2025	28	40%	8%	6 May 2025
H2 2024	26	32%	4%	15 Nov 2024
H1 2024	27	33%	4%	10 May 2024
H2 2023	30	29%	6%	8 Nov 2023
H1 2023	28	27%	5%	26 May 2023
H2 2022	36	34%	6%	17 Nov 2022
H1 2022	36	31%	7%	31 May 2022
H2 2021	39	39%	34%	30 Nov 2021
H1 2021	44	44%	37%	1 Nov 2021
H1 2020	50	42%	13%	6 Apr 2021
H2 2019	57	50%	10%	5 Dec 2019
H1 2019	34	45%	10%	5 Dec 2019
H2 2018	30	41%	9%	26 Mar 2019

On the public register · Companies House

Company record

Status: Active
Type: Limited Liability Partnership
Incorporated: 15 Jul 2010
Registered office: CONGRESS HOUSE, LONDON, WC1B 3LW

1 outstanding charge — secured borrowing registered Accounts due 31 Jan 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 30-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 30-day vs a 1-day payment cycle.

≈ £12,000

of invoicing outstanding at any one time on a 30-day cycle — about £11,400 more than the same account would carry at 1-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 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 · Thompsons Solicitors LLP

Are they getting slower or faster?

Their reported average is steady — within about ±3 days period to period, around 30 days.

What's their typical pay point?

Their latest reports average around day 30, 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 Thompsons Solicitors LLP (free)

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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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-OC356468 · latest period to 30 Apr 2026

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