Their own payment-practices filing · gov.uk

Corin Orthopaedics Holdings Limited paid suppliers in 35 days on average — 21 days past its stated terms

CRN 08138559 · Manufacturing · 1 statutory report on record · period to 31 Dec 2018

Dated record. The latest report covers a period ending 31 Dec 2018 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

35daysavg time to pay · H2 2018

Their H2 2018 filing put the average 21 days past the 14-day term they state.

Their stated terms: 14 days
Paid outside agreed terms: 75% of invoices
Paid after 61+ days: 0%
Reporting period: 1 Jul 2018 – 31 Dec 2018
Source: their gov.uk filing, filed 1 Feb 2019

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

Terms vs reality · their H2 2018 filing

Paid 21 days past their stated terms

PAIDLATE · terms vs the clockdays to pay · 0–40

avg 35d

0 days40 days

reported avg 35 days their filed terms 0–14 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 25% 31–60 days 75% 61+ days 0%

Source: their statutory Payment Practices Report #13135, period 1 Jul 2018 – 31 Dec 2018, filed 1 Feb 2019 · gov.uk payment-practices service

Corin Orthopaedics Holdings Limited paid 21 days past its own stated terms. 75% of invoices still went outside agreed terms; 0% reached 61 days or more. Self-reported in their statutory H2 2018 filing.

The read · computed from their figures

Corin Orthopaedics Holdings Limited's H2 2018 filing put their average at 35 days against stated terms of 14 days; 75% of invoices were paid outside agreed terms and 0% took 61 days or longer. Filed 1 Feb 2019.

That is one statutory period on record (earliest H2 2018) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

This is an investment company and the costs relate to acquisition costs and therefore are not regular suppliers. Therefore, payment terms will vary depending on the supplier.

Dispute resolution

First point of contact for disputes is the purchasing department. They will work with the supplier and relevant department manager to solve the issue. Once the issues has been resolved, the supplier will need to provide any missing information or a corrected invoices before payment.

Other information

This is an investment company that has few transactions. The transactions are related to acquisitions costs. Therefore, although payments are between 0-14 days, they are generally not paid until completion.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2018	35	75%	0%	1 Feb 2019

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 11 Jul 2012
Registered office: THE CORINIUM CENTRE, CIRENCESTER, GL7 1YJ

0 outstanding charges on the register Accounts due 31 Mar 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 35-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 35-day vs a 14-day payment cycle.

≈ £14,000

of invoicing outstanding at any one time on a 35-day cycle — about £8,300 more than the same account would carry at 14-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 · Corin Orthopaedics Holdings Limited

What's their typical pay point?

Their latest reports averaged around day 35. 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

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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-08138559 · latest period to 31 Dec 2018

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