Their own payment-practices filing · gov.uk
How long does Legal & General Pensions Limited take to pay its suppliers?
Self-reported figure from their statutory filing. How this is compiled.
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 14 Sept 2006
- Registered office
- ONE COLEMAN STREET, EC2R 5AA
Terms vs reality
Stated terms: 5–30 days. Reported average: 30.
At a glance
The key figures
Vs peers · latest reported averages
The pattern
Holding steady
Average days to pay across their last 6 statutory reports.
Where their supplier invoices land · latest period
The read · computed from their figures
Legal & General Pensions Limited has filed 9 statutory payment periods (earliest H1 2018). Their latest report puts the average at 30 days against stated terms of 5–30 days.
The pattern is steady — their reported average moves within about ±1 days period to period.
In the latest period 3% of invoices were paid outside their agreed terms, and 3% landed 61+ days out.
What they tell their suppliers
In their own words · from the filing
Standard payment terms
5 / 14 / 28 days - standard length is 30 days for most suppliers
Dispute resolution
Divisional contacts within the business liaise directly with suppliers to resolve issues, with Accounts Payable being the main contact for queries regarding unpaid invoices / late payment etc.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2022 | 30 | 3% | 3% | 20 Dec 2022 |
| H2 2021 | 30 | 4% | 5% | 20 Dec 2022 |
| H1 2021 | 30 | 4% | 4% | 24 Sept 2021 |
| H2 2020 | 29 | 4% | 4% | 24 Sept 2021 |
| H1 2020 | 30 | 3% | 3% | 15 Jul 2020 |
| H2 2019 | 28 | 2% | 2% | 15 Jul 2020 |
| H1 2019 | 24 | 4% | 8% | 5 Jul 2019 |
| H2 2018 | 23 | 2% | 3% | 5 Jul 2019 |
| H1 2018 | 21 | 3% | 5% | 28 Jul 2018 |
Working-capital effect
What a 30-day cycle ties up
Illustrative. On a hypothetical £12k/month account, at a 30-day vs a 5-day payment cycle.
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?
What's their typical pay point?
Can I see what this means for my invoices?
Stay ahead
Watch Legal & General Pensions Limited (free)
Their next payment report is due ≈ 26 Jan 2023. 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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More large companies in financial services
Legal & General Partnership Services Limited · Legal and General Assurance Society Limited · Legal & General Investment Management Limited · Lendable Operations Ltd · Legal & General Investment Management (Holdings) Limited · Lendinvest BTL Limited
How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
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-05935873 · latest period to 30 Jun 2022
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