Their own payment-practices filing · gov.uk
How long does Close Asset Management Limited take to pay its suppliers?
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
- 17 Jun 1982
- Registered office
- WIGMORE YARD, LONDON, W1U 2RY
Terms vs reality
Stated terms: 30 days. Reported average: 47.
At a glance
The key figures
Vs peers · latest reported averages
The pattern
Getting slower
Average days to pay across their last 6 statutory reports.
Where their supplier invoices land · latest period
The read · computed from their figures
Close Asset Management Limited has filed 18 statutory payment periods (earliest H1 2018). Their latest report puts the average at 47 days against stated terms of 30 days.
The direction is slower: from 31 to 47 days over the window — about 16 days slower.
In the latest period 43% of invoices were paid outside their agreed terms, and 14% landed 61+ days out.
In their own words · from the filing
Standard payment terms
TBL agrees appropriate terms of payment with suppliers for each transaction or series of transactions, and abides by those terms based on the timely submission of valid invoices. In the absence of agreed terms with a supplier, the company’s policy is to pay within 30 days of receipt of a valid invoice. The most frequently agreed term with suppliers is 30 days from receipt of a valid invoice.
Dispute resolution
TBL and the supplier will first attempt to resolve any dispute by referring it for formal discussion between TBL authorised representative and the supplier (both acting reasonably and in good faith). If TBL authorised representative and the supplier are for any reason unable to resolve the dispute within 14 days of the date of its referral to them, the dispute may be referred to court by either TBL or the supplier.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 47 | 43% | 14% | 30 Apr 2026 |
| H2 2025 | 37 | 37% | 0% | 30 Oct 2025 |
| H1 2025 | 30 | 0% | 0% | 28 Apr 2025 |
| H1 2025 | 22 | 11% | 0% | 28 Feb 2025 |
| H1 2024 | 25 | 37% | 0% | 29 Aug 2024 |
| H1 2024 | 31 | 17% | 25% | 27 Feb 2024 |
| H1 2023 | 13 | 0% | 0% | 29 Aug 2023 |
| H1 2023 | 25 | 20% | 5% | 28 Feb 2023 |
| H1 2022 | 31 | 14% | 14% | 26 Aug 2022 |
| H1 2022 | 19 | 0% | 0% | 2 Mar 2022 |
| H1 2021 | 19 | 0% | 0% | 26 Aug 2021 |
| H1 2021 | 72 | 75% | 44% | 26 Feb 2021 |
| H1 2020 | 182 | 0% | 67% | 28 Aug 2020 |
| H1 2020 | 180 | 0% | 67% | 27 Feb 2020 |
| H1 2019 | 40 | 56% | 22% | 29 Aug 2019 |
| H1 2019 | 34 | 25% | 11% | 28 Feb 2019 |
| H1 2018 | 43 | 42% | 15% | 29 Aug 2018 |
| H1 2018 | 34 | 19% | 5% | 28 Feb 2018 |
Working-capital effect
What a 47-day cycle ties up
Illustrative. On a hypothetical £12k/month account, at a 47-day vs a 30-day payment cycle.
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?
What's their typical pay point?
Can I see what this means for my invoices?
Stay ahead
Watch Close Asset Management Limited (free)
Their next payment report is due ≈ 27 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 financial services
Cleveland Cable Company (Holdings) Limited · Close Brothers Limited · Clegg Gifford & Co Limited · Close Invoice Finance Limited · Clearcourse Partnership Holdings Limited · Close Leasing Limited
How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
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-01644127 · latest period to 31 Mar 2026
Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.