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Their own payment-practices filing · gov.uk

How long does Improbable Worlds Limited take to pay its suppliers?

CRN 08070525 · Information & communication · 6 statutory reports on record · period to 31 Dec 2024

20days
their reported average time to pay suppliers, latest period
Faster than mostvs 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
16 May 2012
Registered office
10 BISHOPS SQUARE, LONDON, E1 6EG
1 outstanding charge — secured borrowing registered Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 0–30 days. Reported average: 20.

Stated terms0–30d
+20 days
Reported avg20d

At a glance

The key figures

0–30d
their stated terms
33%
invoices paid outside terms
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 82% of the 475 large companies reporting in information & communication.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

19
21
23
24
20
20
H1 2022H2 2022H1 2023H2 2023H1 2024H2 2024

Where their supplier invoices land · latest period

within 30 days 86% 31–60 days 11% 61+ days 3%

The read · computed from their figures

Improbable Worlds Limited has filed 6 statutory payment periods (earliest H1 2022). Their latest report puts the average at 20 days against stated terms of 0–30 days.

The pattern is steady — their reported average moves within about ±2 days period to period.

In the latest period 33% of invoices were paid outside their agreed terms, and 3% landed 61+ days out.

In their own words · from the filing

Standard payment terms

30 days

Dispute resolution

Every effort is made to ensure that in the event an invoice is disputed, resolution is sought prior to the document being due for payment. Payment queries can be emailed directly to [email protected] If required, issues are escalated to the business contact responsible for managing that supplier. Where there is any written dispute on the amount of an invoice, Improbable will pay any undisputed amount and the Parties will seek to resolve that dispute as quickly as possible. Should this not be possible and payment is impacted, suppliers are kept up to date on the progress of the invoice when queried and once resolved payment actioned on the next applicable payment run.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20242033%3%29 Jan 2025
H1 20242031%2%30 Jul 2024
H2 20232437%4%30 Jan 2024
H1 20232334%5%26 Jul 2023
H2 20222132%1%26 Jan 2023
H1 20221927%1%26 Jul 2022

Working-capital effect

What a 20-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 20-day vs a 0-day payment cycle.

≈ £8,000
of invoicing outstanding at any one time on a 20-day cycle — about £7,900 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 ±2 days period to period, around 20 days.
What's their typical pay point?
Their latest reports average around day 20, moving within about ±2 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 Improbable Worlds Limited (free)

Their next payment report is due ≈ 29 Jul 2025. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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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-08070525 · latest period to 31 Dec 2024

Verify the original Companies House file

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