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Their own payment-practices filing · gov.uk

How long does Experian Finance PLC take to pay its suppliers?

CRN 00146575 · Financial services · 3 statutory reports on record · period to 31 Mar 2024

34days
their reported average time to pay suppliers, latest period
Around averagevs a 31-day median across 6,185 recent filers

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

Share
Dated record. The latest report covers a period ending 31 Mar 2024 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status
Active
Type
Public Limited Company
Incorporated
17 Mar 1917
Registered office
THE SIR JOHN PEACE BUILDING EXPERIAN WAY, NOTTINGHAM, NG80 1ZZ
0 outstanding charges on the register Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 5 days. Reported average: 34.

Stated terms5d
+29 days
Reported avg34d

At a glance

The key figures

5d
their stated terms
9%
invoices paid outside terms
±1d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 82% of the 661 large companies reporting in financial services.

The pattern

Holding steady

Average days to pay across their last 3 statutory reports.

terms 5d
32
34
34
H1 2023H2 2023H1 2024

Where their supplier invoices land · latest period

within 30 days 64% 31–60 days 28% 61+ days 8%

The read · computed from their figures

Experian Finance PLC has filed 3 statutory payment periods (earliest H1 2023). Their latest report puts the average at 34 days against stated terms of 5 days.

The pattern is steady — their reported average moves within about ±1 days period to period.

In the latest period 9% of invoices were paid outside their agreed terms, and 8% landed 61+ days out.

What they tell their suppliers

Offers e-invoicing

In their own words · from the filing

Standard payment terms

Under Experian’s standard contractual terms we commit to the payment of all invoices no later than the last day of the month following the month in which it receives a Correct Invoice from the supplier either via ISupplier or via our Accounts Payable department in our finance shared service centre via email [email protected].

Dispute resolution

Any disputes arising about payments or sums under an agreement between Experian and its Supplier (“Dispute”), will be reviewed under reasonable endeavours to negotiate and settle the dispute. The initial point of contact for a Dispute is set out in the table below. Full details of the dispute process can be found on our web page – http://www.experian.com/corporate/suppliers.html If, following the ten (10) Working Days, this is not possible, either party may escalate the Dispute in accordance with the escalation procedure in the table below, by giving written notice to the other party. If the parties have exhausted the escalation procedure set out below, either party may refer a dispute to the courts for resolution.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2024349%8%24 May 2024
H2 20233410%4%3 Nov 2023
H1 2023322%5%22 Jun 2023

Working-capital effect

What a 34-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 34-day vs a 5-day payment cycle.

≈ £13,500
of invoicing outstanding at any one time on a 34-day cycle — about £11,400 more than the same account would carry at 5-day terms.

Late Payment Act. The Late Payment of Commercial Debts Act 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

Are they getting slower or faster?
Their reported average is steady — within about ±1 days period to period, around 34 days.
What's their typical pay point?
Their latest reports average around day 34, moving within about ±1 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 Experian Finance PLC (free)

Their next payment report is due ≈ 27 Oct 2024. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-00146575 · latest period to 31 Mar 2024

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