PAIDLATE
← New check

Their own payment-practices filing · gov.uk

How long does Wmis Limited take to pay its suppliers?

CRN 01914327 · Administrative & support services · 18 statutory reports on record · period to 31 Mar 2026

23days
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.

Share

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
16 May 1985
Registered office
CANNON PLACE, 78, LONDON, EC4N 6AF
0 outstanding charges on the register Accounts due 30 Jun 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 1–90 days. Reported average: 23.

Stated terms1–90d
+22 days
Reported avg23d

At a glance

The key figures

1–90d
their stated terms
77%
invoices paid outside terms
-14d
faster over the window
±11d
variable pattern

Vs peers · latest reported averages

fasterslower
Faster than 63% of the 608 large companies reporting in administrative & support services.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 1d
37
38
39
44
45
23
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 74% 31–60 days 14% 61+ days 12%

The read · computed from their figures

Wmis Limited has filed 18 statutory payment periods (earliest H2 2017). Their latest report puts the average at 23 days against stated terms of 1–90 days.

The direction is faster: from 37 to 23 days over the window — about 14 days faster.

In the latest period 77% of invoices were paid outside their agreed terms, and 12% landed 61+ days out.

In their own words · from the filing

Standard payment terms

All suppliers of goods and services are offered 45 day payment terms from the date of receipt of the invoice by the accounts payable team, except for other Warner Music Group companies, which have typical payment terms of 60 days.  Shorter payment terms may be available by exception if agreed during the contract negotiation period.  Invoices in nearly all cases will only be processed when they include reference to a valid purchase order number, invoices are then paid on weekly payment runs as they fall due.

Dispute resolution

Payment disputes are initially reported to Accounts Payable where a member of the team will investigate the dispute with the account relationship holder. When required the dispute will be escalated to the Accounts Payable Manager & Financial Controller. Once resolved the supplier will be paid in accordance with its payment terms or if the invoice is past its due date then on the next payment run.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20262377%12%1 Jun 2026
H2 20254536%19%3 Nov 2025
H1 20254443%21%11 May 2025
H2 20243964%15%12 Dec 2024
H1 20243856%18%29 Oct 2024
H2 20233734%16%15 Feb 2024
H1 20233967%17%8 Aug 2023
H2 20224567%23%31 Oct 2022
H1 20224565%21%25 Apr 2022
H2 20215165%21%15 Oct 2021
H1 20214964%22%10 May 2021
H2 20205470%25%19 May 2021
H1 20205786%35%19 May 2021
H2 20195786%36%19 May 2021
H1 20195581%34%19 May 2021
H2 20184070%21%19 May 2021
H1 20184576%20%19 May 2021
H2 20174981%26%19 May 2021

Working-capital effect

What a 23-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 23-day vs a 1-day payment cycle.

≈ £9,000
of invoicing outstanding at any one time on a 23-day cycle — about £8,700 more than the same account would carry at 1-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 14 days faster over the window (37 → 23 days).
What's their typical pay point?
Their latest reports average around day 23, moving within about ±11 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 Wmis 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 administrative & support services

Withers Professional Services Limited · WNS Global Services (UK) Limited · Willis Group Services Limited · Worldpay Group Limited · Willis Group Limited · Xerox Finance 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-01914327 · latest period to 31 Mar 2026

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