Their own payment-practices filing · gov.uk
Kennedys Management Services Limited pays suppliers in 30 days on average — within its stated 21–30 day terms
Their H1 2026 filing puts the average 9 days past the shortest term they state (21 days), still within their 30-day upper term.
- Their stated terms
- 21–30 days
- Paid outside agreed terms
- 40% of invoices
- Paid after 61+ days
- 8%
- Reporting period
- 1 Nov 2025 – 30 Apr 2026
- Source
- their gov.uk filing, filed 11 Aug 2026
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2026 filing
Paid within their stated range — 30 against 21–30 days
Where their invoices landed · share of all invoices
The pattern · last 6 of 18 reports
44 → 30 days — getting faster
The read · computed from their figures
Kennedys Management Services Limited's H1 2026 filing puts their average at 30 days against stated terms of 21–30 days; 40% of invoices were paid outside agreed terms and 8% took 61 days or longer. Filed 11 Aug 2026.
The direction is faster: from 44 days in H2 2023 to 30 now — 14 days faster across their last 6 reports.
On the latest reported averages: Slower than 56% of the 593 large companies reporting in administrative & support services.
That is 18 statutory periods on record (earliest H2 2017) — 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 that goods and services will only be paid after any issues or queries have been resolved. All invoices are subject to an approval process within their respective departments and must be authorized before they can be paid. Authorized invoices will be paid net monthly on the weekly supplier payment run, except where different payment terms have been agreed in writing with a supplier. Any agreements for reduced payment terms (less than 30 days) will need prior approval from the CFO or Group Treasurer. The weekly payment run includes all Purchase Ledger invoices that fall due at the time or by the time the next payment run is made.
Dispute resolution
Any payment disputes shall in the first instance be referred to the member of staff managing the contract. If the parties are unable to reach a resolution, it may be referred to the relevant head and, where necessary, the firm's Chief Financial Officer.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 30 | 40% | 8% | 11 Aug 2026 |
| H2 2025 | 41 | 74% | 13% | 25 Nov 2025 |
| H1 2025 | 38 | 50% | 12% | 29 May 2025 |
| H2 2024 | 39 | 46% | 12% | 29 Nov 2024 |
| H1 2024 | 39 | 60% | 12% | 21 May 2024 |
| H2 2023 | 44 | 63% | 20% | 29 Nov 2023 |
| H1 2023 | 36 | 37% | 12% | 31 May 2023 |
| H2 2022 | 36 | 32% | 9% | 30 Nov 2022 |
| H1 2022 | 42 | 33% | 17% | 27 May 2022 |
| H2 2021 | 44 | 36% | 15% | 30 Nov 2021 |
| H1 2021 | 64 | 52% | 30% | 28 May 2021 |
| H2 2020 | 53 | 56% | 32% | 29 Nov 2020 |
| H1 2020 | 83 | 71% | 53% | 31 May 2020 |
| H2 2019 | 73 | 76% | 55% | 29 Nov 2019 |
| H1 2019 | 71 | 60% | 51% | 31 May 2019 |
| H2 2018 | 55 | 60% | 34% | 30 Nov 2018 |
| H1 2018 | 58 | 58% | 38% | 31 May 2018 |
| H2 2017 | 35 | 44% | 25% | 30 Nov 2017 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 28 Jan 2010
- Registered office
- KENNEDYS, LONDON, EC3M 3BY
Illustrative · working-capital arithmetic
What a 30-day cycle ties up
A worked example, not a finding. On a hypothetical £12k/month account, at a 30-day vs a 21-day payment cycle.
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 · Kennedys Management Services Limited
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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-07138859 · latest period to 30 Apr 2026
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