BURGES SALMON LLP
Company number: OC307212
Reporting period:
1 May 2025 to 31 October 2025
Report filed on:
28 November 2025
Approved by:
Euan Bremner
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 23 days
Total value paid:
- within 30 days: £24,281,406 (68%)
- in 31 to 60 days: £10,871,784 (30%)
- in 61 days or more: £816,372 (2%)
Invoices paid:
- within 30 days: 84%
- in 31 to 60 days: 12%
- in 61 days or more: 4%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £938,868
- payments due in the reporting period which have not been paid within the agreed period: 4%
- not made in the reporting period due to a dispute: 14%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Unless otherwise agreed in writing between us, payment shall be made no later than the end of the period of 30 days from the date of the relevant invoice being regarded as valid and undisputed. Invoices are paid via weekly BACS payment runs to include all invoices due to the supplier in that given period.
The exception to this is where the required payment relates to certain disbursements incurred on behalf of the LLP's client (such as Expert advice and opinions provided by UK and overseas law firms or Counsel). In line with standard regulatory guidance for law firms, our policy is that payment is made on the first working day following receipt of funds from the LLP's client.
Were there any changes to the standard payment terms in the reporting period?
At the start of the period our standard payment terms was changed from "30 days from the end of the month in which the invoice was raised", to "30 days from the date of the invoice being regarded as valid and undisputed".
Were suppliers notified or consulted about these changes before they were made?
No
Maximum contractual payment period agreed
61 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Any queries relating to payment of invoices should be sent to the Accounts Payable team within the Finance department.
The supplier should liaise with the relevant officer who placed the order to resolve any dispute or complaint.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No