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Their own payment-practices filing · gov.uk

Reiss Limited pays suppliers in 25 days on average — inside its shortest stated term

CRN 02655347 · Wholesale & retail trade · 15 statutory reports on record · period to 31 Jul 2025

25daysavg time to pay · H1 2025

Their H1 2025 filing puts the average 5 days inside the shortest term they state (30 days).

Faster than mostvs a 31-day median across 6,104 recent filers
Their stated terms
30–60 days
Paid outside agreed terms
43% of invoices
Paid after 61+ days
7%
Reporting period
1 Feb 2025 – 31 Jul 2025
Source
their gov.uk filing, filed 12 Nov 2025

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

Terms vs reality · their H1 2025 filing

Paid 5 days inside the 30-day term they state

The pattern · last 6 of 15 reports

56 → 25 days — getting faster

The read · computed from their figures

Reiss Limited's H1 2025 filing puts their average at 25 days against stated terms of 30–60 days; 43% of invoices were paid outside agreed terms and 7% took 61 days or longer. Filed 12 Nov 2025.

The direction is faster: from 56 days in H1 2023 to 25 now — 31 days faster across their last 6 reports.

On the latest reported averages: Faster than 81% of the 815 large companies reporting in wholesale & retail trade.

That is 15 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

We pay 30 days as standard, though many stock suppliers are on 60 days. For stock suppliers, payment terms generally begin from the goods being received into our warehouse and clearing quality control. Longer transit times from the Far East continue to result in a longer lead time for stock being QC passed. This is actively managed with suppliers where, as a result, payments may fall outside of the payment terms on the face of the invoice. Payment is not automatically issued after 30 days, the supplier must provide a statement to the Accounts Payable department which is reconciled. Payments are then made every Friday for invoices that have fallen due.

Dispute resolution

Complaints and disputes should be raised initially with the Accounts Payable department in our Beckton office via email or telephone. A complaint will be picked up by a specific member of staff, depending on the type of supplier, on receipt and where it cannot be resolved the complaint will be escalated in the first instance to the Purchase Ledger Manager and then to the Financial Controller if required.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20252543%7%12 Nov 2025
H1 20252646%6%10 Sept 2025
H1 20244344%19%10 Mar 2025
H1 20245151%26%22 Mar 2024
H1 20235761%26%25 Oct 2023
H1 20235656%22%25 Oct 2023
H1 20224935%25%25 Jan 2023
H1 20227168%30%4 Apr 2022
H1 20215863%29%22 Sept 2021
H1 20217153%30%21 May 2021
H1 20205969%33%3 Sept 2020
H2 20195371%28%4 Jun 2020
H1 20195767%28%2 Sept 2019
H1 20196179%37%1 Mar 2019
H1 20184974%23%6 Sept 2018

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
18 Oct 1991
Registered office
REISS BUILDING, LONDON, W1U 1BW
1 outstanding charge — secured borrowing registered Accounts due 31 Oct 2027

Open the full record at Companies House.

Quick answers · Reiss Limited

Are they getting slower or faster?
Their reported average has moved about 31 days faster over the window (56 → 25 days).
What's their typical pay point?
Their latest filed report puts the average at day 25; across their last 6 reports it ranged 25–57 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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-02655347 · latest period to 31 Jul 2025

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