Their own payment-practices filing · gov.uk

Lendlease Development (Europe) Limited paid suppliers in 32 days on average — inside its 60-day stated terms

CRN 02946679 · Construction · 4 statutory reports on record · period to 31 Dec 2020

Dated record. The latest report covers a period ending 31 Dec 2020 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

32daysavg time to pay · H2 2020

Their H2 2020 filing put the average 28 days inside their stated 60-day term.

Their stated terms: 60 days
Paid outside agreed terms: 12% of invoices
Paid after 61+ days: 7%
Reporting period: 1 Jul 2020 – 31 Dec 2020
Source: their gov.uk filing, filed 29 Jan 2021

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

Terms vs reality · their H2 2020 filing

Paid 28 days inside the 60-day term they state

PAIDLATE · terms vs the clockdays to pay · 0–65

avg 32d

0 days65 days

reported avg 32 days their filed terms 0–60 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 80% 31–60 days 13% 61+ days 7%

Source: their statutory Payment Practices Report #41314, period 1 Jul 2020 – 31 Dec 2020, filed 29 Jan 2021 · gov.uk payment-practices service

Lendlease Development (Europe) Limited paid 28 days inside its stated 60-day term. 12% of invoices still went outside agreed terms; 7% reached 61 days or more. Self-reported in their statutory H2 2020 filing.

The pattern · last 4 of 4 reports

Held steady around 32 days

PAIDLATE · the patternavg days per report

Last 4 of 4 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

Steady around 32 days. Their reported average has moved within about ±3 days period to period; the dashed line marks the 60-day term they state.

The read · computed from their figures

Lendlease Development (Europe) Limited's H2 2020 filing put their average at 32 days against stated terms of 60 days; 12% of invoices were paid outside agreed terms and 7% took 61 days or longer. Filed 29 Jan 2021.

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

That is 4 statutory periods on record (earliest H1 2019) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

The Company’s standard payment terms for non-construction contract related payments is 30 days. For construction contracts the payment terms are largely dependent on the specific requirements of individual projects. When calculating the number of days to make payment for construction contracts in this reporting period, the Company has reported the time to pay from the due date to the final date for payment. In prior periods it had added 7 days to reflect the general range of days between an application date and a due date for those contracts governed by the Housing Grant, Constriction and Regeneration Act 1996.

Dispute resolution

All queries regarding non-payment of invoices should be discussed with the Lendlease contact as specified on the Lendlease Purchase Order. Escalation can be managed through the Lendlease Customer Service team. Further escalation will be managed internally when required. For any qualifying subcontracts, any dispute or difference between the parties are subject to the laws of England and Wales and the jurisdiction of the English courts. Payment under construction contracts is subject to statutory adjudication pursuant to the Housing Grant, Construction and Regeneration Act 1996. Only a very small proportion of our payments become the subject to the adjudication and/or court proceedings.

Other information

The Company operates on standard payment terms of 30 days for non-construction related contracts, unless the Company agrees to different terms requested by a supplier.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2020	32	12%	7%	29 Jan 2021
H1 2020	30	22%	7%	28 Jul 2020
H2 2019	26	17%	4%	27 Jan 2020
H1 2019	31	24%	4%	26 Jul 2019

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 4 Jul 1994
Registered office: LEVEL 7,1, LONDON, NW1 2DN

0 outstanding charges on the register Accounts due 31 Mar 2027

Open the full record at Companies House.

Quick answers · Lendlease Development (Europe) Limited

Are they getting slower or faster?

Their reported average was steady — within about ±3 days period to period, around 32 days.

What's their typical pay point?

Their latest reports averaged around day 32, 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.

Stay ahead

Watch Lendlease Development (Europe) Limited (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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-02946679 · latest period to 31 Dec 2020

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