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Their own payment-practices filing · gov.uk

How long does Lightspeed Research Ltd. take to pay its suppliers?

CRN 03958994 · Professional & technical services · 11 statutory reports on record · period to 30 Jun 2023

40days
their reported average time to pay suppliers, latest period
Slower than mostvs a 31-day median across 6,185 recent filers

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

Share
Dated record. The latest report covers a period ending 30 Jun 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
29 Mar 2000
Registered office
SOUTH BANK CENTRAL, LONDON, SE1 9LQ
2 outstanding charges — secured borrowing registered Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 14–60 days. Reported average: 40.

Stated terms14–60d
+26 days
Reported avg40d

At a glance

The key figures

14–60d
their stated terms
51%
invoices paid outside terms
±3d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 70% of the 530 large companies reporting in professional & technical services.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 14d
41
40
39
44
39
40
H2 2020H1 2021H2 2021H1 2022H2 2022H1 2023

Where their supplier invoices land · latest period

within 30 days 45% 31–60 days 27% 61+ days 29%

The read · computed from their figures

Lightspeed Research Ltd. has filed 11 statutory payment periods (earliest H1 2018). Their latest report puts the average at 40 days against stated terms of 14–60 days.

The pattern is steady — their reported average moves within about ±3 days period to period.

In the latest period 51% of invoices were paid outside their agreed terms, and 29% landed 61+ days out.

What they tell their suppliers

Offers e-invoicing

In their own words · from the filing

Standard payment terms

Our standard terms are 60 days end of month from receipt of invoice.

Dispute resolution

We resolve our disputes with internal and external queries by using an automated Service Now Helpdesk which is self-service. At Lightspeed Research, vendors can email [email protected] with a query. If it relates to a previous invoice submitted they should note the FIN number received when they first submitted invoice as this will help deal with queries. SLAs on query responses are 2 working days from receipt. Within the automated response received when a query is submitted there is also an escalation process if the query is not resolved to a satisfactory standard.

Other information

Whilst our standard terms are 60 days end of month of receipt of invoice, for freelancers and small contractors, we have an exception process to set these up to pay between 14 and 30 days.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20234051%29%31 Jul 2023
H2 20223946%21%31 Jan 2023
H1 20224463%25%1 Aug 2022
H2 20213951%21%26 Jan 2022
H1 20214056%21%26 Jul 2021
H2 20204158%23%28 Jan 2021
H1 20203948%22%31 Jul 2020
H2 20193015%9%5 Jan 2020
H1 20193113%10%8 Jul 2019
H2 20183720%16%29 Jan 2019
H1 20185136%32%27 Jul 2018

Working-capital effect

What a 40-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 40-day vs a 14-day payment cycle.

≈ £16,000
of invoicing outstanding at any one time on a 40-day cycle — about £10,200 more than the same account would carry at 14-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 ±3 days period to period, around 40 days.
What's their typical pay point?
Their latest reports average around day 40, 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 Lightspeed Research Ltd. (free)

Their next payment report is due ≈ 26 Jan 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 professional & technical services

Lifearc · Linnaeus Veterinary Limited · Liberty Specialty Markets Limited · Lion Re:sources UK Limited · Liberty Retail Limited · Liverpool School of Tropical Medicine

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-03958994 · latest period to 30 Jun 2023

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