Their own payment-practices filing · gov.uk

Gorgemead Limited pays suppliers in 38 days on average — within its stated 7–45 day terms

CRN 01425062 · Wholesale & retail trade · 17 statutory reports on record · period to 28 Feb 2026

38daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 31 days past the shortest term they state (7 days), still within their 45-day upper term.

Slower than mostvs a 31-day median across 6,104 recent filers

Their stated terms: 7–45 days
Paid outside agreed terms: 4% of invoices
Paid after 61+ days: 6%
Reporting period: 1 Sept 2025 – 28 Feb 2026
Source: their gov.uk filing, filed 16 Apr 2026

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

Terms vs reality · their H1 2026 filing

Paid within their stated range — 38 against 7–45 days

PAIDLATE · terms vs the clockdays to pay · 0–50

avg 38d

0 days50 days

reported avg 38 days their filed terms 7–45 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 42% 31–60 days 52% 61+ days 6%

Source: their statutory Payment Practices Report #110540, period 1 Sept 2025 – 28 Feb 2026, filed 16 Apr 2026 · gov.uk payment-practices service

Gorgemead Limited pays within its stated range, 31 days past the shortest term. 4% of invoices still went outside agreed terms; 6% reached 61 days or more. Self-reported in their statutory H1 2026 filing.

The pattern · last 6 of 17 reports

Holding steady around 38 days

PAIDLATE · the patternavg days per report

Last 6 of 17 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

Steady around 38 days. Their reported average has moved within about ±2 days period to period; the dashed line marks the 7-day term they state.

The read · computed from their figures

Gorgemead Limited's H1 2026 filing puts their average at 38 days against stated terms of 7–45 days; 4% of invoices were paid outside agreed terms and 6% took 61 days or longer. Filed 16 Apr 2026.

The pattern is steady — their reported average moves within about ±2 days period to period.

On the latest reported averages: Slower than 53% of the 815 large companies reporting in wholesale & retail trade.

That is 17 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

What they tell their suppliers

1% of invoices in dispute

In their own words · from the filing

Standard payment terms

Standard payment terms are 30 days following the end of the month of the invoice date

Dispute resolution

Goods for branches are checked and authorised by the individual branches, any discrepancies are either reported directly to the supplier by the branch or the Purchase Ledger team can often assist by liaising with the supplier Overhead invoices are directed to the appropriate budget holder for approval and then paid on the relevant payment run when payment becomes due. Invoices are placed on hold until the discrepancy is resolved, after which the invoice is paid on the next scheduled payment run

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2026	38	4%	6%	16 Apr 2026
H1 2025	35	16%	9%	3 Sept 2025
H1 2025	34	16%	3%	29 Apr 2025
H1 2024	37	0%	4%	23 Oct 2024
H1 2024	33	2%	6%	28 Mar 2024
H1 2023	37	19%	3%	27 Sept 2023
H1 2023	35	14%	2%	20 Mar 2023
H1 2022	32	9%	2%	16 Sept 2022
H1 2022	33	19%	3%	1 Aug 2022
H1 2021	33	22%	3%	1 Aug 2022
H1 2021	33	22%	2%	1 Aug 2022
H1 2020	31	14%	1%	1 Aug 2022
H1 2020	32	18%	1%	1 Aug 2022
H1 2019	41	12%	1%	1 Aug 2022
H1 2019	35	9%	2%	1 Aug 2022
H1 2018	33	12%	2%	1 Aug 2022
H1 2018	32	11%	1%	1 Aug 2022

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 4 Jun 1979
Registered office: LYNSTOCK HOUSE LYNSTOCK WAY, BOLTON, BL6 4SA

1 outstanding charge — secured borrowing registered Accounts due 31 May 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 38-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 38-day vs a 7-day payment cycle.

≈ £15,000

of invoicing outstanding at any one time on a 38-day cycle — about £12,200 more than the same account would carry at 7-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 · Gorgemead Limited

Are they getting slower or faster?

Their reported average is steady — within about ±2 days period to period, around 38 days.

What's their typical pay point?

Their latest reports average around day 38, moving within about ±2 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

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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-01425062 · latest period to 28 Feb 2026

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