Their own payment-practices filing · gov.uk

How long does Paragon Finance PLC take to pay its suppliers?

CRN 01917566 · Financial services · 17 statutory reports on record · period to 31 Mar 2026

20days

their reported average time to pay suppliers, latest period

Faster 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: Public Limited Company
Incorporated: 29 May 1985
Registered office: 51 HOMER ROAD, SOLIHULL, B91 3QJ

0 outstanding charges on the register Accounts due 31 Mar 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 20.

Stated terms30d

-10 days

Reported avg20d

At a glance

The key figures

30d

their stated terms

17%

invoices paid outside terms

±2d

steady pattern

Vs peers · latest reported averages

fasterslower

Faster than 59% of the 661 large companies reporting in financial services.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 30d

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

Where their supplier invoices land · latest period

within 30 days 86% 31–60 days 11% 61+ days 3%

The read · computed from their figures

Paragon Finance PLC has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 20 days against stated terms of 30 days.

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

In the latest period 17% of invoices were paid outside their agreed terms, and 3% landed 61+ days out.

What they tell their suppliers

Payment code: The Fair Payment Code

In their own words · from the filing

Standard payment terms

Our most frequently used payment terms for qualifying contracts require payment within 30 days.

Dispute resolution

In the event of a dispute, we would expect the supplier to get in touch with their usual contact within the company to discuss the issue. The contact person (which will vary from contract to contract) would then aim to deal promptly with the complaint/dispute in accordance with the terms of the contract. Any invoices under dispute would generally not be paid until the dispute is resolved, normal payment terms notwithstanding.

Other information

The Company is committed to the fair treatment of all suppliers and in return expects our suppliers to help deliver a high standard of service to its customers. The Company’s commitment to, and expectations of, suppliers are laid out in its Supplier Code of Conduct, which can be found on its corporate website at: www.paragonbankinggroup.co.uk/who-we-are/governance/supplier-code-of-conduct. All suppliers are provided with a guide to the company’s invoicing process as part of the onboarding process, which should help them to expedite payments.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2026	20	17%	3%	30 Apr 2026
H2 2025	19	13%	3%	24 Oct 2025
H1 2025	21	13%	4%	30 Apr 2025
H2 2024	22	15%	4%	29 Oct 2024
H1 2024	23	11%	4%	30 Apr 2024
H2 2023	21	14%	6%	27 Oct 2023
H1 2023	28	29%	8%	28 Apr 2023
H2 2022	22	18%	6%	28 Oct 2022
H1 2022	21	20%	5%	29 Apr 2022
H2 2021	22	19%	5%	29 Oct 2021
H1 2021	30	22%	10%	28 Apr 2021
H2 2020	35	36%	14%	30 Oct 2020
H1 2020	27	24%	6%	30 Apr 2020
H2 2019	22	14%	4%	30 Oct 2019
H1 2019	24	19%	5%	15 Apr 2019
H2 2018	23	15%	6%	30 Oct 2018
H1 2018	24	19%	5%	30 Apr 2018

Quick answers

Are they getting slower or faster?

Their reported average is steady — within about ±2 days period to period, around 20 days.

What's their typical pay point?

Their latest reports average around day 20, 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

Watch Paragon Finance PLC (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.

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More large companies in financial services

Paragon Asset Finance Limited · Paratus Amc Limited · Pacific Life Re Services Limited · Partners Group (UK) Limited · Paccar Financial PLC · Partnership Home Loans 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-01917566 · latest period to 31 Mar 2026

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