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Their own payment-practices filing · gov.uk

Idverde Limited pays suppliers in 61 days on average — within its stated 30–90 day terms

CRN 03542918 · Administrative & support services · 12 statutory reports on record · period to 30 Jun 2026

61daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 31 days past the shortest term they state (30 days), still within their 90-day upper term.

Well behindvs a 31-day median across 6,104 recent filers
Their stated terms
30–90 days
Paid outside agreed terms
60% of invoices
Paid after 61+ days
39%
Reporting period
1 Jan 2026 – 30 Jun 2026
Source
their gov.uk filing, filed 21 Jul 2026

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

Terms vs reality · their H1 2026 filing

Paid within their stated range — 61 against 30–90 days

The pattern · last 6 of 12 reports

50 → 61 days — slowing down

The read · computed from their figures

Idverde Limited's H1 2026 filing puts their average at 61 days against stated terms of 30–90 days; 60% of invoices were paid outside agreed terms and 39% took 61 days or longer. Filed 21 Jul 2026.

The direction is slower: from 50 days in H1 2021 to 61 now — 11 days slower across their last 6 reports.

On the latest reported averages: Slower than 93% of the 593 large companies reporting in administrative & support services.

That is 12 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Payment code: Improved Payment Practice Initiative 52% of invoices in dispute

In their own words · from the filing

Standard payment terms

Standard payment terms are 60 days from end of month following invoice received date. Invoices will only be processed if quoting the authorised purchase order reference.

Dispute resolution

The main point of contact for purchase ledger queries and disputed invoices is the central Accounts Payable team based at the Coventry registered office. When an invoice is queried by idverde, the supplier is notified via email or telephone. The supplier is required to provide additional / missing information or correct the invoice detail. It must be noted that idverde operates a strict PO process and all invoices are required to quote an authorised PO number. The PO number is quoted by idverde at the point of order by the idverde operational teams or via idverde's central office team in Coventry.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20266160%39%21 Jul 2026
H2 20256271%40%30 Jan 2026
H1 20256877%48%31 Jul 2025
H2 20247590%61%30 Apr 2025
H1 20247993%55%30 Apr 2025
H1 20215070%19%22 Jul 2021
H2 20204970%12%19 Jan 2021
H1 20206379%38%14 Jul 2020
H2 20195673%31%20 Jan 2020
H1 20195478%23%11 Jul 2019
H2 20185474%29%28 Jan 2019
H1 20185778%31%17 Jul 2018

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
8 Apr 1998
Registered office
OCTAVIA HOUSE WESTWOOD WAY, COVENTRY, CV4 8JP
6 outstanding charges — secured borrowing registered Accounts due 30 Sept 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 61-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 61-day vs a 30-day payment cycle.

≈ £24,000
of invoicing outstanding at any one time on a 61-day cycle — about £12,200 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 · Idverde Limited

Are they getting slower or faster?
Their reported average has moved about 11 days slower over the window (50 → 61 days).
What's their typical pay point?
Their latest filed report puts the average at day 61; across their last 6 reports it ranged 50–79 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.
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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-03542918 · latest period to 30 Jun 2026

Verify the original Companies House file

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