Thompsons Solicitors LLP payment practices report
PennyFetch rating based on government data:
Often outside termsCompanies House no. OC356468
This rating is PennyFetch’s own assessment derived from data self-reported by Thompsons Solicitors LLP to the UK government.
Avg. days to pay
31
UK median: 32
Outside agreed terms
34%
UK average: 24%
Trend
Stable
14 reports filed
Payment terms
1 to 90 days
Standard terms
Invoice payment breakdown
How Thompsons Solicitors LLP compares
Thompsons Solicitors LLP takes an average of 31 days to pay its suppliers, which is 1 days faster than the UK median of 32 days across 9,336 reporting companies. 34% of their invoices fall outside the agreed payment terms, compared to a national average of 24%.
The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (1 to 90 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 |
|---|---|---|---|---|
| May 2025 to Oct 2025 | 31 | 34% | 83% | 8% |
| Nov 2024 to Apr 2025 | 28 | 40% | 79% | 8% |
| May 2024 to Oct 2024 | 26 | 32% | 84% | 4% |
| Nov 2023 to Apr 2024 | 27 | 33% | 84% | 4% |
| May 2023 to Oct 2023 | 30 | 29% | 86% | 6% |
| Nov 2022 to Apr 2023 | 28 | 27% | 88% | 5% |
| May 2022 to Oct 2022 | 36 | 34% | 87% | 6% |
| Nov 2021 to Apr 2022 | 36 | 31% | 72% | 7% |
| May 2021 to Oct 2021 | 39 | 39% | 57% | 34% |
| Nov 2020 to Apr 2021 | 44 | 44% | 49% | 37% |
| Nov 2019 to Apr 2020 | 50 | 42% | 72% | 13% |
| May 2019 to Oct 2019 | 57 | 50% | 72% | 10% |
| Nov 2018 to Apr 2019 | 34 | 45% | 70% | 10% |
| May 2018 to Oct 2018 | 30 | 41% | 69% | 9% |
PennyFetch sends automatic payment reminders so you don’t have to chase. If they still don’t pay, it calculates statutory interest and generates a Letter Before Action as a PDF.
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All payment statistics on this page are self-reported by Thompsons Solicitors 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: Nov 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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