Their own payment-practices filing · gov.uk

MWB Business Exchange Centres Limited paid suppliers in 84 days on average — 24 days past its stated terms

CRN 05512549 · 1 statutory report on record · period to 30 Jun 2018

Dated record. The latest report covers a period ending 30 Jun 2018 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

84daysavg time to pay · H1 2018

Their H1 2018 filing put the average 24 days past the 60-day term they state.

Their stated terms: 60 days
Paid outside agreed terms: 90% of invoices
Paid after 61+ days: 31%
Reporting period: 1 Jan 2018 – 30 Jun 2018
Source: their gov.uk filing, filed 9 Jul 2018

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

Terms vs reality · their H1 2018 filing

Paid 24 days past their stated terms

PAIDLATE · terms vs the clockdays to pay · 0–95

avg 84d

0 days95 days

reported avg 84 days their filed terms 0–60 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 59% 31–60 days 10% 61+ days 31%

Source: their statutory Payment Practices Report #2252, period 1 Jan 2018 – 30 Jun 2018, filed 9 Jul 2018 · gov.uk payment-practices service

MWB Business Exchange Centres Limited paid 24 days past its own stated terms. 90% of invoices still went outside agreed terms; 31% reached 61 days or more. Self-reported in their statutory H1 2018 filing.

The read · computed from their figures

MWB Business Exchange Centres Limited's H1 2018 filing put their average at 84 days against stated terms of 60 days; 90% of invoices were paid outside agreed terms and 31% took 61 days or longer. Filed 9 Jul 2018.

That is one statutory period on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Payment code: The company's ultimate parent, Regus Plc,has signed up to The Prompt Payment Code on behalf of the whole group.

In their own words · from the filing

Standard payment terms

Net 30 days

Dispute resolution

The main point of contact for disputes is the Accounts Payable team in the Global Services Centre. Where disputes arise over payments received by suppliers, the AP team provide the supplier with a list of the invoices paid for reconciliation purposes. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice. A PO and invoice is required before payment is made.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2018	84	90%	31%	9 Jul 2018

Illustrative · working-capital arithmetic

What a 84-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 84-day vs a 60-day payment cycle.

≈ £33,000

of invoicing outstanding at any one time on a 84-day cycle — about £9,500 more than the same account would carry at 60-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 · MWB Business Exchange Centres Limited

What's their typical pay point?

Their latest reports averaged around day 84. 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 MWB Business Exchange Centres Limited (free)

They haven’t filed a payment report since 9 Jul 2018. 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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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-05512549 · latest period to 30 Jun 2018

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