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Their own payment-practices filing · gov.uk

How long does Corin Limited take to pay its suppliers?

CRN 01910453 · Manufacturing · 17 statutory reports on record · period to 30 Jun 2026

41days
their reported average time to pay suppliers, latest period
Well behindvs a 31-day median across 6,185 recent filers

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

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
1 May 1985
Registered office
UNIT 1 CORINIUM CENTRE, CIRENCESTER, GL7 1YJ
0 outstanding charges on the register Accounts due 31 Mar 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 0–90 days. Reported average: 41.

Stated terms0–90d
+41 days
Reported avg41d

At a glance

The key figures

0–90d
their stated terms
64%
invoices paid outside terms
-22d
faster over the window
±13d
variable pattern

Vs peers · latest reported averages

fasterslower
Faster than 61% of the 992 large companies reporting in manufacturing.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

63
60
61
67
63
41
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 69% 31–60 days 30% 61+ days 1%

The read · computed from their figures

Corin Limited has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 41 days against stated terms of 0–90 days.

The direction is faster: from 63 to 41 days over the window — about 22 days faster.

In the latest period 64% of invoices were paid outside their agreed terms, and 1% landed 61+ days out.

In their own words · from the filing

Standard payment terms

The standard payment is based on the average between the shortest and longest terms we do as a company, Some payments will vary month to month depending on when the payment run falls within that month and occasionally we have a legal invoice which would carry a paid on receipt of invoice payment term.

Dispute resolution

The first point of contact for disputes in Corin Limited is the purchasing department. They will work with the supplier and relevant department manager to solve the issue. Once the issues have been resolved, the supplier will need to provide any missing information or a corrected invoice before payment.

Other information

The invoices paid outside of agreed terms is impacted by our BACS run procedure. A BACS run is completed at the beginning of each month for all invoices due during the previous month, this means that a number of invoices are shown as paid late, including items late by just 1 day. Our procedure helps to capture invoices monthly in the payment run with a consistent payment pattern for suppliers.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20264164%1%9 Jul 2026
H2 20256392%14%14 Jan 2026
H1 20256793%15%25 Jul 2025
H2 20246192%47%9 Jan 2025
H1 20246091%7%24 Jul 2024
H2 20236390%28%24 Jan 2024
H1 20236390%47%10 Aug 2023
H2 20226090%44%23 Mar 2023
H1 20226193%43%28 Jul 2022
H2 20216696%53%21 Feb 2022
H1 20216188%36%23 Aug 2021
H2 20204557%25%24 May 2021
H1 20205368%38%13 Aug 2020
H2 20194050%20%28 Feb 2020
H1 20193745%17%31 Jul 2019
H2 20186489%45%31 Jan 2019
H1 20186088%38%30 Jul 2018

Working-capital effect

What a 41-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 41-day vs a 0-day payment cycle.

≈ £16,000
of invoicing outstanding at any one time on a 41-day cycle — about £16,200 more than the same account would carry at 0-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 22 days faster over the window (63 → 41 days).
What's their typical pay point?
Their latest reports average around day 41, moving within about ±13 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 Corin Limited (free)

Their next payment report is due ≈ 26 Jan 2027. 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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More large companies in manufacturing

Coorstek Limited · Corin Orthopaedics Holdings Limited · Coopland & Son (Scarborough) Limited · Cosentino UK Limited · Coopervision Manufacturing Limited · Costa 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-01910453 · latest period to 30 Jun 2026

Verify the original Companies House file

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