Their own payment-practices filing · gov.uk

How long does Tag Europe Limited take to pay its suppliers?

CRN 02299109 · Financial services · 4 statutory reports on record · period to 31 Dec 2019

70days

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.

Dated record. The latest report covers a period ending 31 Dec 2019 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 22 Sept 1988
Registered office: 1-5 POLAND STREET, LONDON, W1F 8PR

0 outstanding charges on the register Accounts due 31 Dec 2025 — overdue

Open the full record at Companies House.

Terms vs reality

Stated terms: 60–90 days. Reported average: 70.

Stated terms60–90d

+10 days

Reported avg70d

At a glance

The key figures

60–90d

their stated terms

89%

invoices paid outside terms

+27d

slower over the window

±15d

variable pattern

Vs peers · latest reported averages

fasterslower

Slower than 98% of the 661 large companies reporting in financial services.

The pattern

Getting slower

Average days to pay across their last 4 statutory reports.

terms 60d

H1 2018H2 2018H1 2019H2 2019

Where their supplier invoices land · latest period

within 30 days 6% 31–60 days 38% 61+ days 56%

The read · computed from their figures

Tag Europe Limited has filed 4 statutory payment periods (earliest H1 2018). Their latest report puts the average at 70 days against stated terms of 60–90 days.

The direction is slower: from 43 to 70 days over the window — about 27 days slower.

In the latest period 89% of invoices were paid outside their agreed terms, and 56% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Our standard terms are 60 days end of month. There are exceptions to this where we are contractually obliged to pay earlier.

Dispute resolution

Suppliers can contact us by email [email protected] or by telephone: 0207 772 4665. Their query is logged and an incident number assigned to the query. The incident number is used to monitor progress of the query and to communicate with the vendor. An acknowledgment of the query is sent immediately. We aim to respond to the query within 48 hours of the ticket being logged. The resolution is dependent on the complexity of the query. Once full resolution has been completed the ticket is closed and notification sent to the supplier.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2019	70	89%	56%	31 Jan 2020
H1 2019	65	83%	21%	30 Jul 2019
H2 2018	41	49%	16%	30 Jan 2019
H1 2018	43	98%	28%	30 Jul 2018

Working-capital effect

What a 70-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 70-day vs a 60-day payment cycle.

≈ £27,500

of invoicing outstanding at any one time on a 70-day cycle — about £3,900 more than the same account would carry at 60-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 27 days slower over the window (43 → 70 days).

What's their typical pay point?

Their latest reports average around day 70, moving within about ±15 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 Tag Europe Limited (free)

Their next payment report is due ≈ 28 Jul 2020. 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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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-02299109 · latest period to 31 Dec 2019

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