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Their own payment-practices filing · gov.uk

How long does Leonardo MW Ltd take to pay its suppliers?

CRN 02426132 · Manufacturing · 17 statutory reports on record · period to 30 Jun 2026

26days
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.

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
25 Sept 1989
Registered office
1 EAGLE PLACE, LONDON, SW1Y 6AF
0 outstanding charges on the register Accounts due 30 Sept 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30–60 days. Reported average: 26.

Stated terms30–60d
-4 days
Reported avg26d

At a glance

The key figures

30–60d
their stated terms
23%
invoices paid outside terms
±3d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 92% of the 992 large companies reporting in manufacturing.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 30d
26
27
26
32
30
26
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 74% 31–60 days 18% 61+ days 8%

The read · computed from their figures

Leonardo MW Ltd has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 26 days against stated terms of 30–60 days.

The pattern is steady — their reported average moves within about ±3 days period to period.

In the latest period 23% of invoices were paid outside their agreed terms, and 8% landed 61+ days out.

What they tell their suppliers

100% of invoices in dispute

In their own words · from the filing

Standard payment terms

The purpose of this policy is to provide clear guidelines to employees, suppliers and all other stakeholders in respect of the payment policies of Leonardo UK Ltd. The over-riding principle when writing the policy is to ensure suppliers are treated fairly, and that the company and our suppliers both benefit from reasonable terms of payment, that are both achievable and do not adversely affect cash-flow for either party. We therefore endeavour to ensure: • The company aims to ensure suppliers are paid on time within the terms agreed at the outset of the contract. • The company will not attempt to change the payment terms retrospectively without good reason. • The company will not change practice on the length of payment for smaller companies on unreasonable grounds. • The company

Dispute resolution

The company is committed to dealing with suppliers in a fair, honest and professional manner regarding any payment disputes. If a supplier has any dispute or concern regarding a payment, their first contact should be with their procurement relationship contact within the business. In their absence, an alternative route would be to contact the Leonardo UK Ltd accounts payable department. In the event that those involved are unable to find a solution, then the issue can be escalated through the relevant managerial levels with the business.

Other information

Other Information on payment terms & calculation methods The supplier invoice date has been used instead of the invoice receipt date, in instances where we currently have no other consistent reliable method of recording the date of receipt. Our date of receipt is measured from the date the invoice is received by our Accounts Payable team and this is used as the basis for the report. However, some of these invoices are not contractually due from this date. Those that relate to workshare partner performance on certain contracts are contractually due from the point that we receive payment from our customer on behalf of the partner which can often be some time later. This results in adverse reporting on workshare partner invoices, whereas in fact we are complying with our agreed payment

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20262623%8%29 Jul 2026
H2 20253033%12%29 Jan 2026
H1 20253245%15%30 Jul 2025
H2 20242622%5%29 Jan 2025
H1 20242719%7%31 Jul 2024
H2 20232619%6%31 Jan 2024
H1 20232519%6%26 Jul 2023
H2 20222615%7%25 Jan 2023
H1 20223019%9%27 Jul 2022
H2 20212826%9%31 Jan 2022
H1 20212931%9%29 Jul 2021
H2 20203041%9%25 Jan 2021
H1 20203442%13%29 Jul 2020
H2 20193740%14%29 Jan 2020
H1 20193646%14%30 Jul 2019
H2 20183847%15%30 Jan 2019
H1 20184044%16%25 Jul 2018

Quick answers

Are they getting slower or faster?
Their reported average is steady — within about ±3 days period to period, around 26 days.
What's their typical pay point?
Their latest reports average around day 26, moving within about ±3 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.

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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-02426132 · latest period to 30 Jun 2026

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