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Their own payment-practices filing · gov.uk

How long does Pearl Group Holdings (No. 1) Limited take to pay its suppliers?

CRN 03524909 · Financial services · 5 statutory reports on record · period to 31 Dec 2020

77days
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 31 Dec 2020 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
10 Mar 1998
Registered office
20 OLD BAILEY, LONDON, EC4M 7AN
0 outstanding charges on the register Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 77.

Stated terms30d
+47 days
Reported avg77d

At a glance

The key figures

30d
their stated terms
100%
invoices paid outside terms
+42d
slower over the window
±22d
variable pattern

Vs peers · latest reported averages

fasterslower
Slower than 99% of the 661 large companies reporting in financial services.

The pattern

Getting slower

Average days to pay across their last 5 statutory reports.

terms 30d
35
39
47
34
77
H1 2018H2 2018H2 2019H1 2020H2 2020

Where their supplier invoices land · latest period

within 30 days 0% 31–60 days 0% 61+ days 100%

The read · computed from their figures

Pearl Group Holdings (No. 1) Limited has filed 5 statutory payment periods (earliest H1 2018). Their latest report puts the average at 77 days against stated terms of 30 days.

The direction is slower: from 35 to 77 days over the window — about 42 days slower.

In the latest period 100% of invoices were paid outside their agreed terms, and 100% landed 61+ days out.

What they tell their suppliers

Payment code: Prompt Payment Code

In their own words · from the filing

Standard payment terms

The business' standard payment terms are for all undisputed invoices to be paid within 30 days of receipt. The maximum contractual payment period is 30 days from the receipt of an invoice and there have been no changes to the business' standard payment terms in the reporting period. Sunlife pay in line with variable contracted terms, in the vast majority of cases this is 30 days from the date of invoice but there are differing terms in place with different suppliers. We will agree to shorter terms if the contractual negotiations require it.

Dispute resolution

Phoenix has a dispute resolution process for staff to follow should a query or dispute of an invoice arise, which is published on the intranet. The dispute resolution process is supplemented from a supplier facing perspective with the relevant contractual provisions for invoice query, escalation and dispute processes.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 202077100%100%29 Jan 2021
H1 20203450%0%31 Jul 2020
H2 20194773%30%29 Jan 2020
H2 20183950%21%30 Jan 2019
H1 20183554%14%30 Jul 2018

Working-capital effect

What a 77-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 77-day vs a 30-day payment cycle.

≈ £30,500
of invoicing outstanding at any one time on a 77-day cycle — about £18,500 more than the same account would carry at 30-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 has moved about 42 days slower over the window (35 → 77 days).
What's their typical pay point?
Their latest reports average around day 77, moving within about ±22 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 Pearl Group Holdings (No. 1) Limited (free)

Their next payment report is due ≈ 29 Jul 2021. 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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More large companies in financial services

Paystream My Max Holdings Limited · Pearl Group Holdings (No. 2) Limited · Paymentshield Limited · Pearl Group Management Services Limited · Pay.uk Limited · Pearson Management Services 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-03524909 · latest period to 31 Dec 2020

Verify the original Companies House file

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