Shoosmiths LLP payment practices report
PennyFetch rating based on government data:
Good payerCompanies House no. OC374987
This rating is PennyFetch’s own assessment derived from data self-reported by Shoosmiths LLP to the UK government.
Avg. days to pay
42
UK median: 32
Outside agreed terms
14%
UK average: 24%
Trend
Getting slower
17 reports filed
Payment terms
45 days
Standard terms
Invoice payment breakdown
How Shoosmiths LLP compares
Shoosmiths LLP takes an average of 42 days to pay its suppliers, which is 10 days slower than the UK median of 32 days across 9,336 reporting companies. 14% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been getting worse over time based on historical filings.
The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (45 days), not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.
Payment history
| Period | Avg. days | % outside terms | % in 30d | % over 60d |
|---|---|---|---|---|
| Apr 2025 to Sept 2025 | 42 | 14% | 72% | 11% |
| Oct 2024 to Mar 2025 | 37 | 17% | 71% | 11% |
| Apr 2024 to Sept 2024 | 37 | 15% | 75% | 10% |
| Nov 2023 to Mar 2024 | 38 | 17% | 72% | 12% |
| May 2023 to Oct 2023 | 38 | 16% | 73% | 9% |
| Nov 2022 to Apr 2023 | 36 | 14% | 72% | 11% |
| May 2022 to Oct 2022 | 33 | 14% | 72% | 10% |
| Nov 2021 to Apr 2022 | 31 | 12% | 76% | 9% |
| May 2021 to Oct 2021 | 32 | 14% | 75% | 10% |
| Nov 2020 to Apr 2021 | 34 | 13% | 75% | 11% |
| May 2020 to Oct 2020 | 31 | 17% | 73% | 12% |
| Nov 2019 to Apr 2020 | 28 | 16% | 75% | 9% |
| May 2019 to Oct 2019 | 28 | 11% | 77% | 8% |
| Nov 2018 to Apr 2019 | 29 | 11% | 76% | 8% |
| May 2018 to Oct 2018 | 28 | 9% | 75% | 7% |
| Nov 2017 to Apr 2018 | 33 | 18% | 65% | 14% |
| May 2017 to Oct 2017 | 30 | 23% | 67% | 14% |
PennyFetch tracks your invoices, sends automatic payment reminders, and calculates statutory interest if anything goes overdue.
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All payment statistics on this page are self-reported by Shoosmiths LLP to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.
Most recent report filed: Oct 2025. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.
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