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Their own payment-practices filing · gov.uk

London Metropolitan University paid suppliers in 32 days on average — 2 days past its stated terms

CRN 00974438 · Education · 6 statutory reports on record · period to 31 Jan 2022

Dated record. The latest report covers a period ending 31 Jan 2022 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
32daysavg time to pay · H1 2022

Their H1 2022 filing put the average 2 days past the 30-day term they state.

Their stated terms
30 days
Paid outside agreed terms
46% of invoices
Paid after 61+ days
12%
Reporting period
1 Aug 2021 – 31 Jan 2022
Source
their gov.uk filing, filed 22 Feb 2022

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

Terms vs reality · their H1 2022 filing

Paid 2 days past their stated terms

The pattern · last 6 of 6 reports

43 → 32 days — faster across the window

The read · computed from their figures

London Metropolitan University's H1 2022 filing put their average at 32 days against stated terms of 30 days; 46% of invoices were paid outside agreed terms and 12% took 61 days or longer. Filed 22 Feb 2022.

The direction is faster: from 43 days in H1 2018 to 32 now — 11 days faster across their last 6 reports.

That is 6 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

We shall, unless stated otherwise in the contract, pay the invoiced amounts within 30 days of receipt of a valid invoice to a bank account nominated by you in writing.

Dispute resolution

Accounts Payable team will be the first line of contact. If not resolved within 7 days this will be taken up by the Accounts Payable manager. If not resolved within 7 days this will be reported to the Associate Director of Finance. If issue cannot be resolved then it will be escalated to our Procurement Team or Legal Team depending on the nature of the issue.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20223246%12%22 Feb 2022
H1 20213248%16%16 Feb 2022
H1 20203245%13%16 Feb 2022
H1 20203355%11%16 Feb 2022
H1 20193354%13%17 Dec 2019
H1 20184320%11%2 Mar 2018

On the public register · Companies House

Company record

Status
Active
Type
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Incorporated
11 Mar 1970
Registered office
LONDON METROPOLITAN UNIVERSITY, LONDON, N7 8DB
2 outstanding charges — secured borrowing registered Accounts due 30 Apr 2027

Open the full record at Companies House.

Quick answers · London Metropolitan University

Are they getting slower or faster?
Their reported average has moved about 11 days faster over the window (43 → 32 days).
What's their typical pay point?
Their latest filed report put the average at day 32; across their last 6 reports it ranged 32–43 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.
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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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-00974438 · latest period to 31 Jan 2022

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