Their own payment-practices filing · gov.uk

Mears Group PLC pays suppliers in 69 days on average — 9 days past its stated terms

CRN 03232863 · Financial services · 14 statutory reports on record · period to 30 Jun 2026

69daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 9 days past the 60-day term they state.

Well behindvs a 31-day median across 6,104 recent filers

Their stated terms: 30–60 days
Paid outside agreed terms: 0% of invoices
Paid after 61+ days: 80%
Reporting period: 1 Jan 2026 – 30 Jun 2026
Source: their gov.uk filing, filed 17 Jul 2026

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

Terms vs reality · their H1 2026 filing

Paid 9 days past their stated terms

PAIDLATE · terms vs the clockdays to pay · 0–75

avg 69d

0 days75 days

reported avg 69 days their filed terms 30–60 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 2% 31–60 days 18% 61+ days 80%

Source: their statutory Payment Practices Report #113031, period 1 Jan 2026 – 30 Jun 2026, filed 17 Jul 2026 · gov.uk payment-practices service

Mears Group PLC pays 9 days past its own stated terms. 0% of invoices still went outside agreed terms; 80% reached 61 days or more. Self-reported in their statutory H1 2026 filing.

The pattern · last 6 of 14 reports

65 → 69 days — slowing down

PAIDLATE · the patternavg days per report

Last 6 of 14 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

4 days slower across the window. From 65 days in H2 2023 to 69 in the H1 2026 filing; the dashed line marks the 30-day term they state.

The read · computed from their figures

Mears Group PLC's H1 2026 filing puts their average at 69 days against stated terms of 30–60 days; 0% of invoices were paid outside agreed terms and 80% took 61 days or longer. Filed 17 Jul 2026.

The direction is slower: from 65 days in H2 2023 to 69 now — 4 days slower across their last 6 reports.

On the latest reported averages: Slower than 98% of the 638 large companies reporting in financial services.

That is 14 statutory periods on record (earliest H2 2019) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Offers e-invoicing

In their own words · from the filing

Standard payment terms

Suppliers: 30 days nett monthly (smaller suppliers) or 60 days nett monthly (larger core suppliers)

Dispute resolution

Mears Group PLC actively seeks to resolve disputes by discussing with relevant personnel at the supplier. Discussions may involve accounts payable and credit control, procurement and commercial teams as well as members of management where necessary.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2026	69	0%	80%	17 Jul 2026
H2 2025	69	0%	81%	30 Jan 2026
H1 2025	70	0%	81%	31 Jul 2025
H2 2024	69	1%	77%	13 Jan 2025
H1 2024	67	3%	75%	13 Jan 2025
H2 2023	65	4%	71%	5 Feb 2024
H1 2023	69	1%	73%	30 Jul 2023
H2 2022	70	1%	76%	12 Jan 2023
H1 2022	69	3%	67%	3 Aug 2022
H2 2021	67	3%	63%	10 Feb 2022
H1 2021	68	5%	65%	1 Sept 2021
H2 2020	70	6%	69%	30 Jan 2021
H1 2020	68	16%	67%	31 Jul 2020
H2 2019	53	1%	43%	1 Feb 2020

On the public register · Companies House

Company record

Status: Active
Type: Public Limited Company
Incorporated: 1 Aug 1996
Registered office: 2ND FLOOR UNIT 5220 VALIANT COURT, GLOUCESTER, GL3 4FE

0 outstanding charges on the register Accounts due 30 Jun 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 69-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 69-day vs a 30-day payment cycle.

≈ £27,000

of invoicing outstanding at any one time on a 69-day cycle — about £15,400 more than the same account would carry at 30-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 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 · Mears Group PLC

Are they getting slower or faster?

Their reported average has moved about 4 days slower over the window (65 → 69 days).

What's their typical pay point?

Their latest filed report puts the average at day 69; across their last 6 reports it ranged 65–70 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

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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-03232863 · latest period to 30 Jun 2026

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