Their own payment-practices filing · gov.uk

How long does Iceland Foods Limited take to pay its suppliers?

CRN 01107406 · Wholesale & retail trade · 16 statutory reports on record · period to 27 Mar 2026

43days

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.

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 10 Apr 1973
Registered office: SECOND AVENUE, DEESIDE, CH5 2NW

7 outstanding charges — secured borrowing registered Accounts due 31 Dec 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 14–90 days. Reported average: 43.

Stated terms14–90d

+29 days

Reported avg43d

At a glance

The key figures

14–90d

their stated terms

invoices paid outside terms

-3d

faster over the window

±1d

steady pattern

Vs peers · latest reported averages

fasterslower

Slower than 64% of the 819 large companies reporting in wholesale & retail trade.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 14d

H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 33% 31–60 days 37% 61+ days 30%

The read · computed from their figures

Iceland Foods Limited has filed 16 statutory payment periods (earliest H2 2018). Their latest report puts the average at 43 days against stated terms of 14–90 days.

The direction is faster: from 46 to 43 days over the window — about 3 days faster.

In the latest period 3% of invoices were paid outside their agreed terms, and 30% landed 61+ days out.

What they tell their suppliers

Offers e-invoicing Offers supply-chain finance

In their own words · from the filing

Standard payment terms

Icelands standard contractual payment terms state that Iceland will pay each correct invoice on its next weekly payment run following agreed terms. Terms do vary in accordance with individual agreements with suppliers. Iceland makes a Supply Chain Finance solution available to some suppliers which allows suppliers to receive payments earlier than their standard terms.

Dispute resolution

Our Accounts Payable team work closely with suppliers and with our buying team to ensure timely resolution of price / quantity issues. We also set up and communicated a dedicated point of contact to all suppliers in Sept 2017 to give an additional way of making speedy contact with the key people in our finance team to solve any invoice and payment queries, there is also an e mail address as an alternative method of contact. We stated that we would endeavour to deliver a solution to queries within 3 working days. ICELAND PAYMENTS/ INVOICE HELPLINE. :- 01244 842975 Or [email protected]

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2026	43	3%	30%	29 Apr 2026
H2 2025	43	2%	29%	28 Oct 2025
H1 2025	43	5%	28%	30 Apr 2025
H2 2024	42	2%	28%	29 Oct 2024
H1 2024	41	4%	29%	3 May 2024
H2 2023	46	4%	36%	25 Oct 2023
H1 2023	47	4%	34%	28 Apr 2023
H2 2022	45	3%	32%	21 Oct 2022
H1 2022	46	4%	33%	12 May 2022
H2 2021	48	3%	35%	1 Nov 2021
H1 2021	49	3%	35%	26 Apr 2021
H2 2020	49	3%	35%	22 Oct 2020
H1 2020	50	4%	40%	28 Apr 2020
H2 2019	49	2%	38%	23 Oct 2019
H1 2019	51	4%	41%	26 Apr 2019
H2 2018	53	4%	42%	23 Oct 2018

Working-capital effect

What a 43-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 43-day vs a 14-day payment cycle.

≈ £17,000

of invoicing outstanding at any one time on a 43-day cycle — about £11,400 more than the same account would carry at 14-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 3 days faster over the window (46 → 43 days).

What's their typical pay point?

Their latest reports average around day 43, 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 Iceland Foods Limited (free)

Their next payment report is due ≈ 23 Oct 2026. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.

More large companies in wholesale & retail trade

I.m. Parts and Service Limited · Ics Cool Energy Limited · Hyundai Motor UK Limited · Ideal Bathrooms (Wolseley) Limited · Huws Gray Limited · Ideal Shopping Direct 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-01107406 · latest period to 27 Mar 2026

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.