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Their own payment-practices filing · gov.uk

Parlophone Records Limited pays suppliers in 21 days on average — within its stated 1–90 day terms

CRN 00068172 · Information & communication · 11 statutory reports on record · period to 31 Mar 2026

21daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 20 days past the shortest term they state (1 days), still within their 90-day upper term.

Well behindvs a 31-day median across 6,104 recent filers
Their stated terms
1–90 days
Paid outside agreed terms
88% of invoices
Paid after 61+ days
7%
Reporting period
1 Oct 2025 – 31 Mar 2026
Source
their gov.uk filing, filed 8 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 — 21 against 1–90 days

The pattern · last 6 of 11 reports

Holding steady around 21 days

The read · computed from their figures

Parlophone Records Limited's H1 2026 filing puts their average at 21 days against stated terms of 1–90 days; 88% of invoices were paid outside agreed terms and 7% took 61 days or longer. Filed 8 May 2026.

The pattern is steady — their reported average moves within about ±2 days period to period.

On the latest reported averages: Faster than 78% of the 476 large companies reporting in information & communication.

That is 11 statutory periods on record (earliest H1 2021) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

All suppliers of goods and services are offered 45 day payment terms from the date of receipt of the invoice by the accounts payable team, except for other Warner Music Group companies, which have typical payment terms of 60 days.  Shorter payment terms may be available by exception if agreed during the contract negotiation period.  Invoices in nearly all cases will only be processed when they include reference to a valid purchase order number, invoices are then paid on weekly payment runs as they fall due.

Dispute resolution

Payment disputes are initially reported to Accounts Payable where a member of the team will investigate the dispute with the account relationship holder. When required the dispute will be escalated to the Accounts Payable Manager & Financial Controller. Once resolved the supplier will be paid in accordance with its payment terms or if the invoice is past its due date then on the next payment run.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20262188%7%8 May 2026
H2 20252016%7%5 Nov 2025
H1 20251919%11%29 Apr 2025
H2 20241719%8%28 Oct 2024
H1 20241716%10%30 Apr 2024
H2 20232224%14%24 Oct 2023
H1 20232364%13%28 Apr 2023
H2 20222260%6%30 Oct 2022
H1 20223758%15%27 Apr 2022
H2 20215555%34%29 Oct 2021
H1 20215647%35%30 Apr 2021

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
10 Dec 1900
Registered office
CANNON PLACE, 78, LONDON, EC4N 6AF
0 outstanding charges on the register Accounts due 30 Jun 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 21-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 21-day vs a 1-day payment cycle.

≈ £8,500
of invoicing outstanding at any one time on a 21-day cycle — about £7,900 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 · Parlophone Records Limited

Are they getting slower or faster?
Their reported average is steady — within about ±2 days period to period, around 21 days.
What's their typical pay point?
Their latest reports average around day 21, moving within about ±2 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.
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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-00068172 · latest period to 31 Mar 2026

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