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Their own payment-practices filing · gov.uk

Tesco Underwriting Limited pays suppliers in 20 days on average — inside its 30-day stated terms

CRN 06967289 · Financial services · 17 statutory reports on record · period to 31 Aug 2026

20daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 10 days inside their stated 30-day term.

Faster than mostvs a 31-day median across 6,104 recent filers
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

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.

PeriodAvg daysOutside terms61+ daysFiled
H1 2026205%1%29 Sept 2026
H1 2026195%1%31 Mar 2026
H1 2025204%3%29 Sept 2025
H1 2025152%1%25 Mar 2025
H1 2024153%1%30 Sept 2024
H1 2024205%2%28 Mar 2024
H1 2023197%3%28 Sept 2023
H1 20232019%4%29 Mar 2023
H1 2022189%1%3 Oct 2022
H1 2022185%2%31 Mar 2022
H1 20212313%4%19 Jul 2021
H2 2020114%1%10 Jan 2021
H1 202092%0%13 Jul 2020
H2 2019124%0%17 Jan 2020
H1 2019154%1%19 Jul 2019
H2 2018144%1%30 Jan 2019
H1 2018132%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
0 outstanding charges on the register Accounts due 30 Nov 2027

Open the full record at Companies House.

Quick answers · Tesco Underwriting Limited

Are they getting slower or faster?
Their reported average is steady — within about ±3 days period to period, around 20 days.
What's their typical pay point?
Their latest reports average around day 20, moving within about ±3 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-06967289 · latest period to 31 Aug 2026

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