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Their own payment-practices filing · gov.uk

Stratford City Business District Limited paid suppliers in 38 days on average — 8 days past its stated terms

CRN 07328908 · Construction · 7 statutory reports on record · period to 31 Dec 2020

Dated record. The latest report covers a period ending 31 Dec 2020 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
38daysavg time to pay · H2 2020

Their H2 2020 filing put the average 8 days past the 30-day term they state.

Their stated terms
10–30 days
Paid outside agreed terms
32% of invoices
Paid after 61+ days
11%
Reporting period
1 Jul 2020 – 31 Dec 2020
Source
their gov.uk filing, filed 29 Jan 2021

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

Terms vs reality · their H2 2020 filing

Paid 8 days past their stated terms

The pattern · last 6 of 7 reports

25 → 38 days — slower across the window

The read · computed from their figures

Stratford City Business District Limited's H2 2020 filing put their average at 38 days against stated terms of 10–30 days; 32% of invoices were paid outside agreed terms and 11% took 61 days or longer. Filed 29 Jan 2021.

The direction is slower: from 25 days in H1 2018 to 38 now — 13 days slower across their last 6 reports.

That is 7 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

The Company’s standard payment terms for non-construction contract related payments is 30 days. For construction contracts the payment terms are largely dependent on the specific requirements of individual projects. When calculating the number of days to make payment for construction contracts in this reporting period, the Company has reported the time to pay from the due date to the final date for payment. In prior periods it had added 7 days to reflect the general range of days between an application date and a due date for those contracts governed by the Housing Grant, Constriction and Regeneration Act 1996.

Dispute resolution

All queries regarding non-payment of invoices should be discussed with the Lendlease contact as specified on the Lendlease Purchase Order. Escalation can be managed through the Lendlease Customer Service team. Further escalation will be managed internally when required. For any qualifying subcontracts, any dispute or difference between the parties are subject to the laws of England and Wales and the jurisdiction of the English courts. Payment under construction contracts is subject to statutory adjudication pursuant to the Housing Grant, Construction and Regeneration Act 1996. Only a very small proportion of our payments become the subject to the adjudication and/or court proceedings.

Other information

The Company operates on standard payment terms of 30 days for non-construction related contracts, unless the Company agrees to different terms requested by a supplier.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20203832%11%29 Jan 2021
H1 20203125%11%28 Jul 2020
H2 20192522%5%27 Jan 2020
H1 20193023%6%26 Jul 2019
H2 20182618%5%30 Jan 2019
H1 20182526%7%26 Jul 2018
H2 20172419%3%30 Jan 2018

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
28 Jul 2010
Registered office
LEVEL 7,1, LONDON, NW1 2DN
2 outstanding charges — secured borrowing registered Accounts due 31 Mar 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 38-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 38-day vs a 10-day payment cycle.

≈ £15,000
of invoicing outstanding at any one time on a 38-day cycle — about £11,000 more than the same account would carry at 10-day terms.

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 · Stratford City Business District Limited

Are they getting slower or faster?
Their reported average has moved about 13 days slower over the window (25 → 38 days).
What's their typical pay point?
Their latest filed report put the average at day 38; across their last 6 reports it ranged 25–38 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-07328908 · latest period to 31 Dec 2020

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