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Their own payment-practices filing · gov.uk

Lipsy Limited pays suppliers in 25 days on average — 18 days past its stated terms

CRN 05728110 · Wholesale & retail trade · 15 statutory reports on record · period to 26 Jul 2025

25daysavg time to pay · H1 2025

Their H1 2025 filing puts the average 18 days past the 7-day term they state.

Faster than mostvs a 31-day median across 6,104 recent filers
Their stated terms
7 days
Paid outside agreed terms
27% of invoices
Paid after 61+ days
6%
Reporting period
26 Jan 2025 – 26 Jul 2025
Source
their gov.uk filing, filed 27 Aug 2025

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

Terms vs reality · their H1 2025 filing

Paid 18 days past their stated terms

The pattern · last 6 of 15 reports

Holding steady around 25 days

The read · computed from their figures

Lipsy Limited's H1 2025 filing puts their average at 25 days against stated terms of 7 days; 27% of invoices were paid outside agreed terms and 6% took 61 days or longer. Filed 27 Aug 2025.

The pattern is steady — their reported average moves within about ±6 days period to period.

On the latest reported averages: Faster than 81% of the 815 large companies reporting in wholesale & retail trade.

That is 15 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Offers e-invoicing 14% of invoices in dispute

In their own words · from the filing

Standard payment terms

Standard contractual terms for goods and services is 30 days.

Dispute resolution

Central accounts payable phone number in place for suppliers to contact us for any matters under dispute. Calls are usually answered at the time of the call and responded to within 24 hours. Alternatively, suppliers may use email as a method of documenting their queries and these are responded to with within 7 days. Supplier emails or calls may be escalated to our management team where required.

Other information

Intercompany invoices and performance have been included for completeness. The business and assets of Lipsy Limited have been transferred to another group subsidiary, Next Retail Limited; therefore, payments during the period reflect the clear down of the remaining ledger.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20252527%6%27 Aug 2025
H1 20253651%11%25 Feb 2025
H1 20243346%7%23 Aug 2024
H1 20242939%9%26 Feb 2024
H1 20233437%9%25 Aug 2023
H1 20232735%8%22 Feb 2023
H1 20222024%4%30 Aug 2022
H1 20222936%9%25 Feb 2022
H1 20212433%5%20 Aug 2021
H1 20212655%7%26 Feb 2021
H1 20202938%11%24 Aug 2020
H1 20203555%20%20 Feb 2020
H1 20192127%6%14 Aug 2019
H1 20192133%5%25 Feb 2019
H1 20181723%3%24 Aug 2018

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
2 Mar 2006
Registered office
DESFORD ROAD, LEICESTER, LE19 4AT
3 outstanding charges — secured borrowing registered Accounts due 31 Oct 2026

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 25-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 25-day vs a 7-day payment cycle.

≈ £10,000
of invoicing outstanding at any one time on a 25-day cycle — about £7,100 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 · Lipsy Limited

Are they getting slower or faster?
Their reported average is steady — within about ±6 days period to period, around 25 days.
What's their typical pay point?
Their latest reports average around day 25, moving within about ±6 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-05728110 · latest period to 26 Jul 2025

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