Their own payment-practices filing · gov.uk
Tesco Underwriting Limited pays suppliers in 20 days on average — inside its 30-day stated terms
Their H1 2026 filing puts the average 10 days inside their stated 30-day term.
- Their stated terms
- 30 days
- Paid outside agreed terms
- 5% of invoices
- Paid after 61+ days
- 1%
- Reporting period
- 1 Mar 2026 – 31 Aug 2026
- Source
- their gov.uk filing, filed 29 Sept 2026
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2026 filing
Paid 10 days inside the 30-day term they state
Where their invoices landed · share of all invoices
The pattern · last 6 of 17 reports
Holding steady around 20 days
The read · computed from their figures
Tesco Underwriting Limited's H1 2026 filing puts their average at 20 days against stated terms of 30 days; 5% of invoices were paid outside agreed terms and 1% took 61 days or longer. Filed 29 Sept 2026.
The pattern is steady — their reported average moves within about ±3 days period to period.
On the latest reported averages: Faster than 59% of the 638 large companies reporting in financial services.
That is 17 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
Our standard payment terms are typically 30 days from the invoice date. However, depending on the company's policies and agreement, it can be up to 60 days. We aim to process all the payments within the agreed terms to maintain positive relationship with all our suppliers.
Dispute resolution
If it has been flagged that payment has not been made within 30 days, this is then raised as a priority with the operational manager to investigate the reason. After the investigation has taken place, either the payment is made immediately, or a response is returned to the person making.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 20 | 5% | 1% | 29 Sept 2026 |
| H1 2026 | 19 | 5% | 1% | 31 Mar 2026 |
| H1 2025 | 20 | 4% | 3% | 29 Sept 2025 |
| H1 2025 | 15 | 2% | 1% | 25 Mar 2025 |
| H1 2024 | 15 | 3% | 1% | 30 Sept 2024 |
| H1 2024 | 20 | 5% | 2% | 28 Mar 2024 |
| H1 2023 | 19 | 7% | 3% | 28 Sept 2023 |
| H1 2023 | 20 | 19% | 4% | 29 Mar 2023 |
| H1 2022 | 18 | 9% | 1% | 3 Oct 2022 |
| H1 2022 | 18 | 5% | 2% | 31 Mar 2022 |
| H1 2021 | 23 | 13% | 4% | 19 Jul 2021 |
| H2 2020 | 11 | 4% | 1% | 10 Jan 2021 |
| H1 2020 | 9 | 2% | 0% | 13 Jul 2020 |
| H2 2019 | 12 | 4% | 0% | 17 Jan 2020 |
| H1 2019 | 15 | 4% | 1% | 19 Jul 2019 |
| H2 2018 | 14 | 4% | 1% | 30 Jan 2019 |
| H1 2018 | 13 | 2% | 0% | 30 Jul 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 20 Jul 2009
- Registered office
- THE OMNIBUS BUILDING, REIGATE, RH2 7LD
Quick answers · Tesco Underwriting Limited
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More large companies in financial services
Tesco Personal Finance PLC · The Access Bank UK Limited · TD Bank Europe Limited · The Bank of New York Mellon (International) Limited · Tci Fund Management Limited · The Clancy Group PLC
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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-06967289 · latest period to 31 Aug 2026
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