Their own payment-practices filing · gov.uk

Larkfleet Limited paid suppliers in 60 days on average — within its stated 45–75 day terms

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

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.

60daysavg time to pay · H1 2019

Their H1 2019 filing put the average 15 days past the shortest term they state (45 days), still within their 75-day upper term.

Their stated terms: 45–75 days
Paid outside agreed terms: 38% of invoices
Paid after 61+ days: 37%
Reporting period: 1 Jan 2019 – 30 Jun 2019
Source: their gov.uk filing, filed 24 Jul 2019

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

Terms vs reality · their H1 2019 filing

Paid within their stated range — 60 against 45–75 days

PAIDLATE · terms vs the clockdays to pay · 0–85

avg 60d

0 days85 days

reported avg 60 days their filed terms 45–75 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

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

Source: their statutory Payment Practices Report #18202, period 1 Jan 2019 – 30 Jun 2019, filed 24 Jul 2019 · gov.uk payment-practices service

Larkfleet Limited paid within its stated range, 15 days past the shortest term. 38% of invoices still went outside agreed terms; 37% reached 61 days or more. Self-reported in their statutory H1 2019 filing.

The pattern · last 3 of 3 reports

Held steady around 60 days

PAIDLATE · the patternavg days per report

Last 3 of 3 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

Steady around 60 days. Their reported average has moved within about ±2 days period to period; the dashed line marks the 45-day term they state.

The read · computed from their figures

Larkfleet Limited's H1 2019 filing put their average at 60 days against stated terms of 45–75 days; 38% of invoices were paid outside agreed terms and 37% took 61 days or longer. Filed 24 Jul 2019.

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

That is 3 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

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.

Period	Avg days	Outside terms	61+ days	Filed
H1 2019	60	38%	37%	24 Jul 2019
H2 2018	57	10%	29%	16 May 2019
H1 2018	60	7%	26%	16 May 2019

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 — overdue

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 60-day cycle ties up

A worked example, not a finding. 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 (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 · Larkfleet Limited

Are they getting slower or faster?

Their reported average was steady — within about ±2 days period to period, around 60 days.

What's their typical pay point?

Their latest reports averaged 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)

They haven’t filed a payment report since 24 Jul 2019. 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?

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-03520125 · latest period to 30 Jun 2019

Verify the original Companies House file

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