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Their own payment-practices filing · gov.uk

How long does Sunlife Limited take to pay its suppliers?

CRN 05460862 · Financial services · 17 statutory reports on record · period to 30 Jun 2026

19days
their reported average time to pay suppliers, latest period
Faster 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
23 May 2005
Registered office
10 BRINDLEYPLACE, BIRMINGHAM, B1 2JB
0 outstanding charges on the register Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 19.

Stated terms30d
-11 days
Reported avg19d

At a glance

The key figures

30d
their stated terms
1%
invoices paid outside terms
-4d
faster over the window
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 64% of the 661 large companies reporting in financial services.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 30d
23
24
22
21
19
19
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 99% 31–60 days 1% 61+ days 0%

The read · computed from their figures

Sunlife Limited has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 19 days against stated terms of 30 days.

The direction is faster: from 23 to 19 days over the window — about 4 days faster.

In the latest period 1% of invoices were paid outside their agreed terms, and 0% landed 61+ days out.

What they tell their suppliers

Payment code: Prompt Payment Code

In their own words · from the filing

Standard payment terms

The business' standard payment terms are for all undisputed invoices to be paid within 30 days of receipt. The maximum contractual payment period is 30 days from the receipt of an invoice and there have been no changes to the business' standard payment terms in the reporting period. Sunlife pay in line with variable contracted terms, in the vast majority of cases this is 30 days from the date of invoice but there are differing terms in place with different suppliers. We will agree to shorter terms if the contractual negotiations require it.

Dispute resolution

Phoenix has a dispute resolution process for staff to follow should a query or dispute of an invoice arise, which is published on the intranet. The dispute resolution process is supplemented from a supplier facing perspective with the relevant contractual provisions for invoice query, escalation and dispute processes.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2026191%0%31 Jul 2026
H2 2025192%0%27 Jan 2026
H1 2025210%0%31 Jul 2025
H2 2024225%1%30 Jan 2025
H1 2024246%2%30 Jul 2024
H2 2023238%1%5 Feb 2024
H1 2023234%0%27 Jul 2023
H2 2022307%1%3 Feb 2023
H1 2022243%0%1 Aug 2022
H2 2021243%1%25 Feb 2022
H1 2021234%1%30 Jul 2021
H2 2020211%1%29 Jan 2021
H1 2020234%1%31 Jul 2020
H2 2019226%1%29 Jan 2020
H1 2019215%1%31 Jul 2019
H2 2018195%0%30 Jan 2019
H1 20183036%5%30 Jul 2018

Quick answers

Are they getting slower or faster?
Their reported average has moved about 4 days faster over the window (23 → 19 days).
What's their typical pay point?
Their latest reports average around day 19, 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

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More large companies in financial services

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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-05460862 · latest period to 30 Jun 2026

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