Their own payment-practices filing · gov.uk

How long does Spreadex Limited take to pay its suppliers?

CRN 03720378 · Arts & entertainment · 13 statutory reports on record · period to 30 Nov 2023

25days

their reported average time to pay suppliers, latest period

Faster than mostvs a 31-day median across 6,185 recent filers

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

Dated record. The latest report covers a period ending 30 Nov 2023 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: 25 Feb 1999
Registered office: CHURCHILL HOUSE, ST. ALBANS, AL1 3UU

1 outstanding charge — secured borrowing registered Accounts due 28 Feb 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 1–305 days. Reported average: 25.

Stated terms1–305d

+24 days

Reported avg25d

At a glance

The key figures

1–305d

their stated terms

invoices paid outside terms

±1d

steady pattern

Vs peers · latest reported averages

fasterslower

Faster than 66% of the 74 large companies reporting in arts & entertainment.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 1d

H1 2021H2 2021H1 2022H2 2022H1 2023H2 2023

Where their supplier invoices land · latest period

within 30 days 80% 31–60 days 17% 61+ days 3%

The read · computed from their figures

Spreadex Limited has filed 13 statutory payment periods (earliest H2 2017). Their latest report puts the average at 25 days against stated terms of 1–305 days.

The pattern is steady — their reported average moves within about ±1 days period to period.

In the latest period 3% of invoices were paid outside their agreed terms, and 3% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Spreadex do not routinely dictate payment terms to our suppliers, unless we consider those proposed by the supplier to be unreasonable. The typical payment terms are between 14-60 days from the date of the invoice.

Dispute resolution

Typically any dispute will be dealt with in the first instance by the relevant department management. Timescales for resolution vary on a case by case basis depending on the specific nature of the dispute.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2023	25	3%	3%	29 Dec 2023
H1 2023	27	3%	3%	3 Jul 2023
H2 2022	25	3%	3%	29 Dec 2022
H1 2022	27	99%	1%	30 Jun 2022
H2 2021	26	2%	2%	30 Dec 2021
H1 2021	26	1%	1%	30 Jun 2021
H2 2020	24	7%	1%	30 Dec 2020
H1 2020	30	5%	5%	25 Jun 2020
H2 2019	26	1%	1%	24 Dec 2019
H1 2019	27	2%	2%	27 Jun 2019
H2 2018	33	5%	4%	27 Dec 2018
H1 2018	33	5%	5%	29 Jun 2018
H2 2017	29	2%	3%	20 Dec 2017

Working-capital effect

What a 25-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 25-day vs a 1-day payment cycle.

≈ £10,000

of invoicing outstanding at any one time on a 25-day cycle — about £9,500 more than the same account would carry at 1-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 ±1 days period to period, around 25 days.

What's their typical pay point?

Their latest reports average around day 25, moving within about ±1 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 Spreadex Limited (free)

Their next payment report is due ≈ 27 Jun 2024. 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 arts & entertainment

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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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-03720378 · latest period to 30 Nov 2023

Verify the original Companies House file

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