Their own payment-practices filing · gov.uk
How long does Likewise Floors Limited take to pay its suppliers?
Self-reported figure from their statutory filing. How this is compiled.
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 4 Jul 1996
- Registered office
- C/O LIKEWISE GROUP PLC UNIT 4 RADIAL PARK, RADIAL WAY, SOLIHULL, B37 7WN
Terms vs reality
Stated terms: 1–135 days. Reported average: 64.
At a glance
The key figures
Vs peers · latest reported averages
The pattern
Holding steady
Average days to pay across their last 3 statutory reports.
Where their supplier invoices land · latest period
The read · computed from their figures
Likewise Floors Limited has filed 3 statutory payment periods (earliest H1 2025). Their latest report puts the average at 64 days against stated terms of 1–135 days.
The pattern is steady — their reported average moves within about ±1 days period to period.
In the latest period 8% of invoices were paid outside their agreed terms, and 59% landed 61+ days out.
What they tell their suppliers
In their own words · from the filing
Standard payment terms
Given the large diverse supplier base, no single standard payment term arrangements exist, with each negotiated individually with the supplier with whom the Group has long-standing relationships. For the majority of suppliers, payments are typically made by the end of the second or third month from date of invoice with settlement discount available where compliant. Overhead suppliers, are typically paid on standard terms of end of first or second month payment runs (i.e. 30 - 60 days). Amendments to terms are agreed between both parties periodically.
Dispute resolution
When discrepancies arise in stock purchases—whether related to quantity or price—the system's auto-matching process will fail, triggering the need for manual invoice review. Once the issue is identified, a debit note is generated in the system and sent to the supplier, outlining the nature of the dispute. If the supplier acknowledges the error, they issue a credit note, which is then matched to the original debit note in the system. This matching process enables the invoice to be adjusted and approved. Once authorised, the invoice is scheduled for payment in the next payment run. For overhead invoices, approval is granted by the relevant purchasing manager based on an existing contract, order or quotation. If discrepancies are identified, they are communicated to the supplier. A credit
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 64 | 8% | 59% | 31 Jul 2026 |
| H2 2025 | 63 | 6% | 58% | 30 Jan 2026 |
| H1 2025 | 62 | 10% | 55% | 30 Jul 2025 |
Working-capital effect
What a 64-day cycle ties up
Illustrative. On a hypothetical £12k/month account, at a 64-day vs a 1-day payment cycle.
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?
What's their typical pay point?
Can I see what this means for my invoices?
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Their next payment report is due ≈ 26 Jan 2027. 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?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
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-03220392 · latest period to 30 Jun 2026
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