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Their own payment-practices filing · gov.uk

How long does T.m.lewin & Sons Limited take to pay its suppliers?

CRN 00340508 · 3 statutory reports on record · period to 24 Aug 2019

67days
their reported average time to pay suppliers, latest period
Well behindvs 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 24 Aug 2019 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

Terms vs reality

Stated terms: 30–90 days. Reported average: 67.

Stated terms30–90d
+37 days
Reported avg67d

At a glance

The key figures

30–90d
their stated terms
84%
invoices paid outside terms
+9d
slower over the window
±6d
variable pattern

Vs peers · latest reported averages

fasterslower
Slower than 95% of large companies reporting.

The pattern

Getting slower

Average days to pay across their last 3 statutory reports.

terms 30d
58
56
67
H1 2018H1 2019H1 2019

Where their supplier invoices land · latest period

within 30 days 11% 31–60 days 31% 61+ days 57%

The read · computed from their figures

T.m.lewin & Sons Limited has filed 3 statutory payment periods (earliest H1 2018). Their latest report puts the average at 67 days against stated terms of 30–90 days.

The direction is slower: from 58 to 67 days over the window — about 9 days slower.

In the latest period 84% of invoices were paid outside their agreed terms, and 57% landed 61+ days out.

In their own words · from the filing

Standard payment terms

T.M.Lewin's payment terms vary depending on the product or service and the supplier. Standard payment terms for overhead costs are between 30 and 60 days and are agreed with suppliers as part of negotiations. The most common payment term for stock purchases is 60 days, and occasionally up to 90 days. T.M.Lewin is implementing a new purchasing system to automate invoice matching and approval, and reduce the number of invoices which are not paid within agreed terms.

Dispute resolution

T.M.Lewin is committed to building honest, long-term relationships with suppliers. Any questions or disputes are resolved through communication with all relevant parties - the supplier, buying team and accounts payable. Any concerns are escalated to the Head of Finance to investigate and resolve.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20196784%57%11 Dec 2019
H1 20195679%50%22 Mar 2019
H1 20185862%46%21 Sept 2018

Working-capital effect

What a 67-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 67-day vs a 30-day payment cycle.

≈ £26,500
of invoicing outstanding at any one time on a 67-day cycle — about £14,600 more than the same account would carry at 30-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 has moved about 9 days slower over the window (58 → 67 days).
What's their typical pay point?
Their latest reports average around day 67, moving within about ±6 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 T.m.lewin & Sons Limited (free)

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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-00340508 · latest period to 24 Aug 2019

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