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Their own payment-practices filing · gov.uk

How long does Legal & General Insurance Limited take to pay its suppliers?

CRN 00423930 · Financial services · 17 statutory reports on record · period to 31 Mar 2026

6days
their reported average time to pay suppliers, latest period
Faster than mostvs a 31-day median across 6,185 recent filers

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

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
19 Nov 1946
Registered office
57 LADYMEAD, GUILDFORD, GU1 1DB
0 outstanding charges on the register Accounts due 30 Sept 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 14–39 days. Reported average: 6.

Stated terms14–39d
-8 days
Reported avg6d

At a glance

The key figures

14–39d
their stated terms
0%
invoices paid outside terms
-28d
faster over the window
±12d
variable pattern

Vs peers · latest reported averages

fasterslower
Faster than 97% of the 661 large companies reporting in financial services.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 14d
34
36
22
25
1
6
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 100% 31–60 days 0% 61+ days 0%

The read · computed from their figures

Legal & General Insurance Limited has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 6 days against stated terms of 14–39 days.

The direction is faster: from 34 to 6 days over the window — about 28 days faster.

In the latest period 0% of invoices were paid outside their agreed terms, and 0% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Our standard terms confirm the supplier will be paid within 30 days of receipt of a valid undisputed invoice, unless otherwise agreed and stated in the order.

Dispute resolution

Where The Company has a reasonable dispute regarding an invoice received from Supplier, The Company will promptly notify the Supplier of that dispute. Allianz will pay the undisputed element of the invoice in accordance with normal payment agreement and both Parties will use reasonable endeavours to resolve the dispute regarding the balance of the invoice as quickly as reasonably possible. If any sum due to the Supplier remains unpaid thirty (30) days after payment was due by The Company, the Supplier may charge interest (both before and after any judgment) on the amount unpaid at the rate of 2 per cent per annum above the base rate of Lloyds from time to time until payment is made in full, calculated on a daily basis. The Supplier’s right to charge interest shall not apply where there is

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 202660%0%30 Apr 2026
H2 202510%0%30 Oct 2025
H1 20252556%19%23 Apr 2025
H2 20242227%14%24 Oct 2024
H1 20243624%24%24 Apr 2024
H2 20233431%10%31 Oct 2023
H1 202372%2%17 Apr 2023
H2 2022263%1%4 May 2023
H1 2022284%1%21 Jul 2022
H2 2021293%2%24 Jan 2022
H1 2021275%1%14 Jul 2021
H2 2020284%2%22 Jan 2021
H1 2020263%3%17 Jul 2020
H2 2019273%3%18 Jun 2020
H1 2019224%8%5 Jul 2019
H2 2018215%7%5 Jul 2019
H1 2018194%7%28 Jul 2018

Quick answers

Are they getting slower or faster?
Their reported average has moved about 28 days faster over the window (34 → 6 days).
What's their typical pay point?
Their latest reports average around day 6, moving within about ±12 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

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Their next payment report is due ≈ 27 Oct 2026. 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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More large companies in financial services

Legal & General (Unit Trust Managers) Limited · Legal & General Investment Management (Holdings) Limited · Le Creuset Holding Limited · Legal & General Investment Management Limited · LBG Equity Investments Limited · Legal & General Partnership Services Limited

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-00423930 · latest period to 31 Mar 2026

Verify the original Companies House file

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