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Their own payment-practices filing · gov.uk

How long does Royal Opera House Covent Garden Foundation take to pay its suppliers?

CRN 00480523 · Arts & entertainment · 14 statutory reports on record · period to 28 Feb 2026

25days
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
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Incorporated
1 Apr 1950
Registered office
ROYAL OPERA HOUSE, LONDON, WC2E 9DD
5 outstanding charges — secured borrowing registered Accounts due 31 May 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30–60 days. Reported average: 25.

Stated terms30–60d
-5 days
Reported avg25d

At a glance

The key figures

30–60d
their stated terms
30%
invoices paid outside terms
+3d
slower over the window
±4d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 66% of the 74 large companies reporting in arts & entertainment.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 30d
22
21
19
18
22
25
H1 2023H1 2024H1 2024H1 2025H1 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 73% 31–60 days 18% 61+ days 9%

The read · computed from their figures

Royal Opera House Covent Garden Foundation has filed 14 statutory payment periods (earliest H1 2018). Their latest report puts the average at 25 days against stated terms of 30–60 days.

The direction is slower: from 22 to 25 days over the window — about 3 days slower.

In the latest period 30% of invoices were paid outside their agreed terms, and 9% landed 61+ days out.

In their own words · from the filing

Standard payment terms

30 days after receipt of valid written VAT invoice

Dispute resolution

Without prejudice to any other legal right or remedy, if any dispute arises in connection with this Purchase Order, the parties shall negotiate in good faith and settle amicably any dispute that may arise out of or related to this Purchase Order. Any dispute shall be referred first by notice in writing to a senior representative of each party who shall meet and endeavour to resolve the dispute between them within one (1) month of such notice. The joint written decision of those senior representatives shall be binding on the parties.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20262530%9%30 Mar 2026
H1 20252219%2%29 Sept 2025
H1 20251814%1%31 Mar 2025
H1 20241914%1%13 Sept 2024
H1 20242116%2%22 Mar 2024
H1 20232220%2%27 Sept 2023
H1 20231610%1%30 Mar 2023
H1 20222317%1%4 Apr 2022
H1 20212326%1%17 Sept 2021
H1 20212226%3%18 Mar 2021
H1 20201936%2%20 Mar 2020
H1 20191855%3%3 Jul 2019
H1 20182258%5%3 Jul 2019
H1 20182058%2%26 Mar 2018

Quick answers

Are they getting slower or faster?
Their reported average has moved about 3 days slower over the window (22 → 25 days).
What's their typical pay point?
Their latest reports average around day 25, moving within about ±4 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 Royal Opera House Covent Garden Foundation (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-00480523 · latest period to 28 Feb 2026

Verify the original Companies House file

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