Their own payment-practices filing · gov.uk

How long does Lucite International UK Limited take to pay its suppliers?

CRN 03830161 · Manufacturing · 16 statutory reports on record · period to 31 Mar 2026

34days

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.

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 23 Aug 1999
Registered office: SOARNOL HOUSE, HULL, HU12 8DS

0 outstanding charges on the register Accounts due 31 Dec 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 0–120 days. Reported average: 34.

Stated terms0–120d

+34 days

Reported avg34d

At a glance

The key figures

0–120d

their stated terms

90%

invoices paid outside terms

±2d

steady pattern

Vs peers · latest reported averages

fasterslower

Faster than 78% of the 992 large companies reporting in manufacturing.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 43% 31–60 days 49% 61+ days 8%

The read · computed from their figures

Lucite International UK Limited has filed 16 statutory payment periods (earliest H2 2018). Their latest report puts the average at 34 days against stated terms of 0–120 days.

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

In the latest period 90% of invoices were paid outside their agreed terms, and 8% landed 61+ days out.

In their own words · from the filing

Standard payment terms

The standard terms of payment are different for different spend categories for example, 60 days after date of invoice for Raw Materials, or immediate payment for duty and import costs. In all categories, terms of payment can, by exception, be varied from the standard payment terms by agreement between the seller and the buyer.

Dispute resolution

If a supplier raises a query in respect of non-payment of an invoice, it would initially be handled by accounts payable. If necessary the accounts payable team will direct the query to the most relevant business area within Mitsubishi Chemical UK Limited (for example Purchasing) to resolve this promptly.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2026	34	90%	8%	22 Apr 2026
H2 2025	35	90%	8%	30 Oct 2025
H1 2025	36	91%	10%	10 Apr 2025
H2 2024	37	91%	8%	14 Oct 2024
H1 2024	32	63%	4%	19 Apr 2024
H2 2023	33	59%	5%	17 Oct 2023
H1 2023	34	60%	7%	15 May 2023
H2 2022	35	53%	8%	24 Oct 2022
H1 2022	37	55%	7%	26 Apr 2022
H2 2021	38	49%	7%	15 Oct 2021
H1 2021	34	38%	4%	21 Apr 2021
H2 2020	34	38%	4%	12 Oct 2020
H1 2020	32	42%	5%	5 May 2020
H2 2019	32	51%	4%	28 Oct 2019
H1 2019	31	45%	4%	30 Apr 2019
H2 2018	34	38%	4%	24 Oct 2018

Working-capital effect

What a 34-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 34-day vs a 0-day payment cycle.

≈ £13,500

of invoicing outstanding at any one time on a 34-day cycle — about £13,400 more than the same account would carry at 0-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 ±2 days period to period, around 34 days.

What's their typical pay point?

Their latest reports average around day 34, 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 Lucite International UK Limited (free)

Their next payment report is due ≈ 27 Oct 2026. 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 manufacturing

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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-03830161 · latest period to 31 Mar 2026

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