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Their own payment-practices filing · gov.uk

How long does Switchshop Limited take to pay its suppliers?

CRN 03771032 · Information & communication · 4 statutory reports on record · period to 31 May 2025

29days
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.

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
14 May 1999
Registered office
SWITCHSHOP HOUSE, HITCHIN, SG4 8HP
1 outstanding charge — secured borrowing registered Accounts due 28 Feb 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 29.

Stated terms30d
-1 days
Reported avg29d

At a glance

The key figures

30d
their stated terms
0%
invoices paid outside terms
-6d
faster over the window
±3d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 51% of the 475 large companies reporting in information & communication.

The pattern

Getting faster

Average days to pay across their last 4 statutory reports.

terms 30d
35
33
32
29
H2 2023H1 2024H2 2024H1 2025

Where their supplier invoices land · latest period

within 30 days 57% 31–60 days 40% 61+ days 3%

The read · computed from their figures

Switchshop Limited has filed 4 statutory payment periods (earliest H2 2023). Their latest report puts the average at 29 days against stated terms of 30 days.

The direction is faster: from 35 to 29 days over the window — about 6 days faster.

In the latest period 0% of invoices were paid outside their agreed terms, and 3% landed 61+ days out.

What they tell their suppliers

Payment code: Fair Payment Code

In their own words · from the filing

Standard payment terms

The business’s standard payment terms are 3O days. Larger suppliers have agreed terms of 30 days from Month End. Switchshop supports smaller suppliers and may offer smaller payment terms of 30 days or less. Any changes to the standard payment terms in the reporting period would be notified to the suppliers in writing, by email.

Dispute resolution

Reasons for not being able to pay based on terms include receiving late or non-compliant invoices or invoices that are in dispute. In the event of a dispute, the Finance Team will notify the vendor in writing (via email) as to the existence and nature of the dispute and endeavour to reach a resolution in a timely manner to ensure payments are made at the earliest opportunity.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2025290%3%17 Sept 2025
H2 2024320%2%9 Dec 2024
H1 2024331%4%9 Dec 2024
H2 2023350%4%20 Feb 2024

Quick answers

Are they getting slower or faster?
Their reported average has moved about 6 days faster over the window (35 → 29 days).
What's their typical pay point?
Their latest reports average around day 29, moving within about ±3 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 Switchshop Limited (free)

Their next payment report is due ≈ 27 Dec 2025. 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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-03771032 · latest period to 31 May 2025

Verify the original Companies House file

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