Their own payment-practices filing · gov.uk

Legal & General (Unit Trust Managers) Limited paid suppliers in 29 days on average — within its stated 5–30 day terms

CRN 01009418 · Financial services · 9 statutory reports on record · period to 30 Jun 2022

Dated record. The latest report covers a period ending 30 Jun 2022 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

29daysavg time to pay · H1 2022

Their H1 2022 filing put the average 24 days past the shortest term they state (5 days), still within their 30-day upper term.

Their stated terms: 5–30 days
Paid outside agreed terms: 4% of invoices
Paid after 61+ days: 3%
Reporting period: 1 Jan 2022 – 30 Jun 2022
Source: their gov.uk filing, filed 20 Dec 2022

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

Terms vs reality · their H1 2022 filing

Paid within their stated range — 29 against 5–30 days

PAIDLATE · terms vs the clockdays to pay · 0–40

avg 29d

0 days40 days

reported avg 29 days their filed terms 5–30 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 92% 31–60 days 5% 61+ days 3%

Source: their statutory Payment Practices Report #65171, period 1 Jan 2022 – 30 Jun 2022, filed 20 Dec 2022 · gov.uk payment-practices service

Legal & General (Unit Trust Managers) Limited paid within its stated range, 24 days past the shortest term. 4% of invoices still went outside agreed terms; 3% reached 61 days or more. Self-reported in their statutory H1 2022 filing.

The pattern · last 6 of 9 reports

Held steady around 29 days

PAIDLATE · the patternavg days per report

Last 6 of 9 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

Steady around 29 days. Their reported average has moved within about ±1 days period to period; the dashed line marks the 5-day term they state.

The read · computed from their figures

Legal & General (Unit Trust Managers) Limited's H1 2022 filing put their average at 29 days against stated terms of 5–30 days; 4% of invoices were paid outside agreed terms and 3% took 61 days or longer. Filed 20 Dec 2022.

The pattern is steady — their reported average moves within about ±1 days period to period.

That is 9 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Payment code: Prompt Payment Code

In their own words · from the filing

Standard payment terms

5 / 14 / 28 days - standard length is 30 days for most suppliers

Dispute resolution

Divisional contacts within the business liaise directly with suppliers to resolve issues, with Accounts Payable being the main contact for queries regarding unpaid invoices / late payment etc.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2022	29	4%	3%	20 Dec 2022
H2 2021	30	4%	4%	20 Dec 2022
H1 2021	30	3%	5%	24 Sept 2021
H2 2020	30	5%	4%	24 Sept 2021
H1 2020	29	4%	6%	15 Jul 2020
H2 2019	28	3%	7%	15 Jul 2020
H1 2019	26	4%	8%	5 Jul 2019
H2 2018	26	5%	7%	5 Jul 2019
H1 2018	21	4%	5%	28 Jul 2018

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 28 Apr 1971
Registered office: ONE COLEMAN STREET, EC2R 5AA

0 outstanding charges on the register Accounts due 30 Sept 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 29-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 29-day vs a 5-day payment cycle.

≈ £11,500

of invoicing outstanding at any one time on a 29-day cycle — about £9,500 more than the same account would carry at 5-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 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 · Legal & General (Unit Trust Managers) Limited

Are they getting slower or faster?

Their reported average was steady — within about ±1 days period to period, around 29 days.

What's their typical pay point?

Their latest reports averaged around day 29, moving within about ±1 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 Legal & General (Unit Trust Managers) Limited (free)

They haven’t filed a payment report since 20 Dec 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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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-01009418 · latest period to 30 Jun 2022

Verify the original Companies House file

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