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Their own payment-practices filing · gov.uk

How long does Guinness Developments Limited take to pay its suppliers?

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

52days
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.

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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.

Terms vs reality

Stated terms: 7–61 days. Reported average: 52.

Stated terms7–61d
+45 days
Reported avg52d

At a glance

The key figures

7–61d
their stated terms
47%
invoices paid outside terms
+13d
slower over the window
±5d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 87% of the 385 large companies reporting in construction.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 7d
39
58
53
60
50
52
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 64% 31–60 days 23% 61+ days 13%

The read · computed from their figures

Guinness Developments Limited has filed 8 statutory payment periods (earliest H2 2022). Their latest report puts the average at 52 days against stated terms of 7–61 days.

The direction is slower: from 39 to 52 days over the window — about 13 days slower.

In the latest period 47% of invoices were paid outside their agreed terms, and 13% landed 61+ days out.

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

Working-capital effect

What a 52-day cycle ties up

Illustrative. 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 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 has moved about 13 days slower over the window (39 → 52 days).
What's their typical pay point?
Their latest reports average around day 52, moving within about ±5 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 Guinness Developments 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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Grove Developments Limited · H.e. Simm & Son Limited · Greenwich Millennium Village Limited · H.w. Martin (Traffic Management) Limited · Gratte Brothers Limited · Halcrow International Partnership

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-04175094 · latest period to 31 Mar 2026

Verify the original Companies House file

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