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Their own payment-practices filing · gov.uk

How long does Richardsons Leisure Limited take to pay its suppliers?

CRN 00685774 · Manufacturing · 9 statutory reports on record · period to 1 May 2022

36days
their reported average time to pay suppliers, latest period
Slower than mostvs 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 1 May 2022 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
Private Limited Company
Incorporated
9 Mar 1961
Registered office
RICHARDSONS BOATYARD, STALHAM NORWICH, NR12 9BX
17 outstanding charges — secured borrowing registered Accounts due 31 Oct 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 5–90 days. Reported average: 36.

Stated terms5–90d
+31 days
Reported avg36d

At a glance

The key figures

5–90d
their stated terms
34%
invoices paid outside terms
-6d
faster over the window
±3d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 73% of the 992 large companies reporting in manufacturing.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 5d
42
38
41
38
39
36
H2 2019H1 2020H2 2020H1 2021H2 2021H1 2022

Where their supplier invoices land · latest period

within 30 days 45% 31–60 days 51% 61+ days 4%

The read · computed from their figures

Richardsons Leisure Limited has filed 9 statutory payment periods (earliest H1 2018). Their latest report puts the average at 36 days against stated terms of 5–90 days.

The direction is faster: from 42 to 36 days over the window — about 6 days faster.

In the latest period 34% of invoices were paid outside their agreed terms, and 4% landed 61+ days out.

In their own words · from the filing

Standard payment terms

We make 2 payment runs each month to our suppliers, on the 15th and 30th of each month. Certain key suppliers are paid on the next run after their invoice is received. Most suppliers will be paid at the end of the following month from the invoice date (05/03/22 invoice would be paid 30/04/22). Suppliers who have given us extended credit terms are paid at the end of the month, 2 months after the invoice date (05/03/22 invoice would be paid 30/05/22).

Dispute resolution

The invoice would be marked to 'hold' by the person responsible for signing off the invoice. It would then either be the responsibility of the person signing off the invoice or purchase ledger, based at head office, to contact the supplier and sort out the dispute, depending on its nature.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20223634%4%22 Sept 2022
H2 20213938%6%22 Sept 2022
H1 20213832%6%20 Aug 2021
H2 20204112%8%20 Aug 2021
H1 20203825%4%12 Jun 2020
H2 20194225%8%19 Dec 2019
H1 20194028%7%19 Jul 2019
H2 20184633%11%19 Jul 2019
H1 20183824%5%16 May 2018

Working-capital effect

What a 36-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 36-day vs a 5-day payment cycle.

≈ £14,000
of invoicing outstanding at any one time on a 36-day cycle — about £12,200 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 has moved about 6 days faster over the window (42 → 36 days).
What's their typical pay point?
Their latest reports average around day 36, moving within about ±3 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 Richardsons Leisure Limited (free)

Their next payment report is due ≈ 27 Nov 2022. 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 manufacturing

Richardson Milling (UK) Limited · Ricoh UK Products Limited · Rich Products Limited · Rigid Containers Limited · Ricardo UK Limited · Ripon Select Foods 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-00685774 · latest period to 1 May 2022

Verify the original Companies House file

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