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Their own payment-practices filing · gov.uk

Guinness Developments Limited pays suppliers in 52 days on average — within its stated 7–61 day terms

CRN 04175094 · Construction · 8 statutory reports on record · period to 31 Mar 2026

52daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 45 days past the shortest term they state (7 days), still within their 61-day upper term.

Slower than mostvs a 31-day median across 6,104 recent filers
Their stated terms
7–61 days
Paid outside agreed terms
47% of invoices
Paid after 61+ days
13%
Reporting period
1 Oct 2025 – 31 Mar 2026
Source
their gov.uk filing, filed 28 Apr 2026

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

Terms vs reality · their H1 2026 filing

Paid within their stated range — 52 against 7–61 days

The pattern · last 6 of 8 reports

39 → 52 days — slowing down

The read · computed from their figures

Guinness Developments Limited's H1 2026 filing puts their average at 52 days against stated terms of 7–61 days; 47% of invoices were paid outside agreed terms and 13% took 61 days or longer. Filed 28 Apr 2026.

The direction is slower: from 39 days in H2 2023 to 52 now — 13 days slower across their last 6 reports.

On the latest reported averages: Slower than 87% of the 394 large companies reporting in construction.

That is 8 statutory periods on record (earliest H2 2022) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Offers e-invoicing

In their own words · from the filing

Standard payment terms

Standard payment terms are net 30 days from invoice. For development contracts, which form a large part of GDL's expenditure, works have to be certified by an Employer's Agent before payment, in some contracts payment is due on certification but more often within 28 days

Dispute resolution

This will vary depending on the contract and will be stipulated in the contract or appointment letter. Low value contracts will not always specify a dispute resolution process. Build contracts (the large part of GDL's expenditure) are governed by the Construction Act and its provisions for dispute resolution. Many of our build contracts are JCT contracts which lay out specific procedures for resolving disputes which we would follow.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20265247%13%28 Apr 2026
H2 20255038%20%31 Oct 2025
H1 20256051%25%28 Apr 2025
H2 20245344%23%31 Oct 2024
H1 20245848%22%30 Apr 2024
H2 20233963%15%31 Oct 2023
H1 20235131%20%27 Apr 2023
H2 20223829%15%31 Oct 2022

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
8 Mar 2001
Registered office
7TH FLOOR 350 EUSTON ROAD, LONDON, NW1 3AX
13 outstanding charges — secured borrowing registered Accounts due 31 Dec 2026

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 52-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 52-day vs a 7-day payment cycle.

≈ £20,500
of invoicing outstanding at any one time on a 52-day cycle — about £17,700 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 · Guinness Developments Limited

Are they getting slower or faster?
Their reported average has moved about 13 days slower over the window (39 → 52 days).
What's their typical pay point?
Their latest filed report puts the average at day 52; across their last 6 reports it ranged 39–60 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-04175094 · latest period to 31 Mar 2026

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