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Their own payment-practices filing · gov.uk

Freshtime UK Limited paid suppliers in 76 days on average — 69 days past its stated terms

CRN 03877917 · 9 statutory reports on record · period to 24 Sept 2021

Dated record. The latest report covers a period ending 24 Sept 2021 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
76daysavg time to pay · H2 2021

Their H2 2021 filing put the average 69 days past the 7-day term they state.

Their stated terms
7 days
Paid outside agreed terms
12% of invoices
Paid after 61+ days
65%
Reporting period
27 Mar 2021 – 24 Sept 2021
Source
their gov.uk filing, filed 18 Oct 2021

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

Terms vs reality · their H2 2021 filing

Paid 69 days past their stated terms

The pattern · last 6 of 9 reports

41 → 76 days — slower across the window

The read · computed from their figures

Freshtime UK Limited's H2 2021 filing put their average at 76 days against stated terms of 7 days; 12% of invoices were paid outside agreed terms and 65% took 61 days or longer. Filed 18 Oct 2021.

The direction is slower: from 41 days in H1 2019 to 76 now — 35 days slower across their last 6 reports.

That is 9 statutory periods on record (earliest H2 2017) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

Standard payment terms are the next electronic transfer payment run following the 90th day of the date of receipt of a valid invoice. https://www.greencore.com/sustainability/our-responsibilities/

Dispute resolution

If Freshtime UK Ltd Limited disputes any invoice or part of any invoice issued by the supplier to Freshtime UK Ltd or receives an invoice in respect of any goods which Freshtime UK Ltd believes (acting reasonably) have not been properly provided then: - Freshtime UK Ltd will pay that part of the invoice which is not the Disputed Sum in accordance with the payment terms; - Freshtime UK Ltd will be entitled to withhold payment of the disputed sum; - The parties will negotiate in good faith to resolve the dispute, but if a resolution cannot be reached within ninety (90) days of the start of such negotiations, the matter will be referred to the Courts; - The supplier will provide all such information and evidence as may be reasonably necessary to verify the disputed sum; and - following

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20217612%65%18 Oct 2021
H1 2021689%54%26 Apr 2021
H2 20206811%49%23 Oct 2020
H1 2020587%33%27 Apr 2020
H2 20194328%14%28 Oct 2019
H1 2019413%13%7 Oct 2019
H2 2018462%16%1 Jul 2019
H1 2018462%15%1 Jul 2019
H2 2017463%16%7 Mar 2018

Illustrative · working-capital arithmetic

What a 76-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 76-day vs a 7-day payment cycle.

≈ £30,000
of invoicing outstanding at any one time on a 76-day cycle — about £27,200 more than the same account would carry at 7-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 · Freshtime UK Limited

Are they getting slower or faster?
Their reported average has moved about 35 days slower over the window (41 → 76 days).
What's their typical pay point?
Their latest filed report put the average at day 76; across their last 6 reports it ranged 41–76 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-03877917 · latest period to 24 Sept 2021

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