PAIDLATE by YORXEN
← New check

Their own payment-practices filing · gov.uk

How long does Larkfleet Limited take to pay its suppliers?

CRN 03520125 · Construction · 3 statutory reports on record · period to 30 Jun 2019

60days
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.

Share
Dated record. The latest report covers a period ending 30 Jun 2019 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
2 Mar 1998
Registered office
LARKFLEET HOUSE, BOURNE, PE10 0FF
0 outstanding charges on the register Accounts due 23 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 45–75 days. Reported average: 60.

Stated terms45–75d
+15 days
Reported avg60d

At a glance

The key figures

45–75d
their stated terms
38%
invoices paid outside terms
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 95% of the 385 large companies reporting in construction.

The pattern

Holding steady

Average days to pay across their last 3 statutory reports.

terms 45d
60
57
60
H1 2018H2 2018H1 2019

Where their supplier invoices land · latest period

within 30 days 7% 31–60 days 56% 61+ days 37%

The read · computed from their figures

Larkfleet Limited has filed 3 statutory payment periods (earliest H1 2018). Their latest report puts the average at 60 days against stated terms of 45–75 days.

The pattern is steady — their reported average moves within about ±2 days period to period.

In the latest period 38% of invoices were paid outside their agreed terms, and 37% landed 61+ days out.

What they tell their suppliers

Offers supply-chain finance

In their own words · from the filing

Standard payment terms

Our payment terms depend on the nature of the supply and the order placed by the Company. Supplier and Sub-contractor payment terms Payment terms for both suppliers and sub-contractors are 45 days from the end of the month in which a valid invoice or application is received. Consultants Payment terms for services provided by consultants comply with the Local Democracy, Economic Development and Construction Act 2009 in which the final payment is 30 days following the due date. The due date is the receipt of a valid application/invoice for payment.

Dispute resolution

Our standard contractual frameworks provide for a dispute resolution process which adopts the Construction Industry Council Model Adjudication Procedures and in accordance with the Local Democracy, Economic Development and Construction Act 2009, either party may refer a dispute to adjudication. Either party has the right to initiate legal proceedings in the UK courts.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20196038%37%24 Jul 2019
H2 20185710%29%16 May 2019
H1 2018607%26%16 May 2019

Working-capital effect

What a 60-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 60-day vs a 45-day payment cycle.

≈ £23,500
of invoicing outstanding at any one time on a 60-day cycle — about £5,900 more than the same account would carry at 45-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 is steady — within about ±2 days period to period, around 60 days.
What's their typical pay point?
Their latest reports average around day 60, moving within about ±2 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 Larkfleet Limited (free)

Their next payment report is due ≈ 26 Jan 2020. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.

More large companies in construction

Laing O'rourke Services Limited · Lendlease (Elephant & Castle) Limited · Laing O'rourke Construction Limited · Lendlease Construction (Europe) Limited · Lagan Aviation & Infrastructure Limited · Lendlease Development (Europe) Limited

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-03520125 · latest period to 30 Jun 2019

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.