Their own payment-practices filing · gov.uk

How long does Foundation for Credit Counselling take to pay its suppliers?

CRN 02757055 · Financial services · 17 statutory reports on record · period to 30 Jun 2026

32days

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.

On the public register · Companies House

Company record

Status: Active
Type: PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Incorporated: 19 Oct 1992
Registered office: 123 ALBION STREET, LEEDS, LS2 8ER

0 outstanding charges on the register Accounts due 30 Sept 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 7–60 days. Reported average: 32.

Stated terms7–60d

+25 days

Reported avg32d

At a glance

The key figures

7–60d

their stated terms

68%

invoices paid outside terms

+5d

slower over the window

±4d

steady pattern

Vs peers · latest reported averages

fasterslower

Slower than 79% of the 661 large companies reporting in financial services.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 7d

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

Where their supplier invoices land · latest period

within 30 days 38% 31–60 days 59% 61+ days 3%

The read · computed from their figures

Foundation for Credit Counselling has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 32 days against stated terms of 7–60 days.

The direction is slower: from 27 to 32 days over the window — about 5 days slower.

In the latest period 68% of invoices were paid outside their agreed terms, and 3% landed 61+ days out.

In their own words · from the filing

Standard payment terms

The most frequently used payment term for qualifying contracts is 30 days from the date of invoice. However, a range of payment terms is applied depending on the nature of the contract, typically varying between 7 and 60 days. Overall, 30 days remains the standard benchmark across the majority of qualifying contracts.

Dispute resolution

The Foundation for Credit Counselling is committed to dealing with its suppliers in a fair, honest and transparent manner, whilst seeking best value for the Charity. If we dispute any item on an invoice, we aim to (a) promptly inform the supplier of the disputed item and (b) work with the supplier to (1) explain why the relevant item has been disputed; and (2) reach a mutually acceptable outcome. We operate a no PO no pay on invoices and when an invoice is received with no PO suppliers are encouraged to contact the individual who placed the order for the goods and services or liaise with procurement as a first point of contact. The Charity provides an accounts payable team email address to deal with any queries in relation to payment of invoices.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2026	32	68%	3%	31 Jul 2026
H2 2025	33	67%	4%	25 Mar 2026
H1 2025	32	61%	5%	25 Mar 2026
H2 2024	39	68%	10%	25 Mar 2026
H1 2024	33	50%	4%	25 Mar 2026
H2 2023	27	69%	1%	31 Jan 2024
H1 2023	35	67%	6%	31 Jul 2023
H2 2022	33	51%	6%	31 Jan 2023
H1 2022	33	61%	5%	27 Jul 2022
H2 2021	31	47%	3%	31 Jan 2022
H1 2021	34	49%	5%	16 Jul 2021
H2 2020	33	43%	4%	29 Jan 2021
H1 2020	35	52%	5%	31 Jul 2020
H2 2019	35	55%	6%	31 Jan 2020
H1 2019	34	3%	8%	31 Jul 2019
H2 2018	23	3%	2%	29 Jan 2019
H1 2018	34	36%	5%	6 Aug 2018

Working-capital effect

What a 32-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 32-day vs a 7-day payment cycle.

≈ £12,500

of invoicing outstanding at any one time on a 32-day cycle — about £9,900 more than the same account would carry at 7-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 5 days slower over the window (27 → 32 days).

What's their typical pay point?

Their latest reports average around day 32, moving within about ±4 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 Foundation for Credit Counselling (free)

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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-02757055 · latest period to 30 Jun 2026

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