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Their own payment-practices filing · gov.uk

How long does London Square Developments Limited take to pay its suppliers?

CRN 07160957 · Construction · 14 statutory reports on record · period to 31 Dec 2024

37days
their reported average time to pay suppliers, latest period
Well behindvs a 31-day median across 6,185 recent filers

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

Share
Dated record. The latest report covers a period ending 31 Dec 2024 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
17 Feb 2010
Registered office
ONE, UXBRIDGE, UB8 1RN
1 outstanding charge — secured borrowing registered Accounts due 30 Sept 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 0–60 days. Reported average: 37.

Stated terms0–60d
+37 days
Reported avg37d

At a glance

The key figures

0–60d
their stated terms
80%
invoices paid outside terms
±1d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 65% of the 385 large companies reporting in construction.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

35
36
37
36
38
37
H2 2022H1 2023H2 2023H2 2023H1 2024H2 2024

Where their supplier invoices land · latest period

within 30 days 46% 31–60 days 43% 61+ days 11%

The read · computed from their figures

London Square Developments Limited has filed 14 statutory payment periods (earliest H2 2018). Their latest report puts the average at 37 days against stated terms of 0–60 days.

The pattern is steady — their reported average moves within about ±1 days period to period.

In the latest period 80% of invoices were paid outside their agreed terms, and 11% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Subcontractors represent the London Square’s principal suppliers. The standard payment terms for subcontractors is 38 days from the date of application for payment. For other suppliers, payment terms vary from contract to contract. However, the most commonly used payment terms are the end of the following month from receipt of invoice. Where a supplier has longer payment terms, payment will be made early.

Dispute resolution

For Subcontractors: Before payment is processed, the quantity surveyor over-looking the site will notify the supplier with the payment that will be made regarding that month’s work; including justification for any withheld sums. Where the supplier disputes this value, the supplier is asked to provide evidence to the quantity surveyor to support their claims that the value of the payment should differ. If no agreement is met, a meeting will be held between London Square’s Head or Director of Commercial and a director of the supplier in question. If an agreement is still not met, the dispute will go to an adjudication tribunal to have an independent body assess the dispute. For all other suppliers: Disputes or complaints should be raised with the individual who authorised the order, if this

Other information

No further comment provided

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20243780%11%17 Oct 2025
H1 20243857%8%11 Sept 2024
H2 20233657%8%14 Aug 2024
H2 20233757%6%31 Oct 2023
H1 20233659%7%28 Apr 2023
H2 20223564%6%3 Mar 2023
H1 20223670%6%29 Apr 2022
H2 20213261%3%26 Oct 2021
H1 20213255%3%30 Apr 2021
H2 20203456%5%5 Nov 2020
H1 20203355%5%12 May 2020
H2 20193049%3%30 Oct 2019
H1 20194675%12%30 Apr 2019
H2 20185077%14%30 Oct 2018

Working-capital effect

What a 37-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 37-day vs a 0-day payment cycle.

≈ £14,500
of invoicing outstanding at any one time on a 37-day cycle — about £14,600 more than the same account would carry at 0-day terms.

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?
Their reported average is steady — within about ±1 days period to period, around 37 days.
What's their typical pay point?
Their latest reports average around day 37, moving within about ±1 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.

Stay ahead

Watch London Square Developments Limited (free)

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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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-07160957 · latest period to 31 Dec 2024

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