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Their own payment-practices filing · gov.uk

How long does Flood Re Limited take to pay its suppliers?

CRN 08670444 · Financial services · 11 statutory reports on record · period to 30 Sept 2023

32days
their reported average time to pay suppliers, latest period
Around averagevs 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 30 Sept 2023 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
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Incorporated
30 Aug 2013
Registered office
75 KING WILLIAM STREET, LONDON, EC4N 7BE
0 outstanding charges on the register Accounts due 31 Dec 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 32.

Stated terms30d
+2 days
Reported avg32d

At a glance

The key figures

30d
their stated terms
5%
invoices paid outside terms
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 79% of the 661 large companies reporting in financial services.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 30d
30
31
36
33
32
32
H1 2021H2 2021H1 2022H2 2022H1 2023H2 2023

Where their supplier invoices land · latest period

within 30 days 81% 31–60 days 15% 61+ days 3%

The read · computed from their figures

Flood Re Limited has filed 11 statutory payment periods (earliest H2 2018). Their latest report puts the average at 32 days against stated terms of 30 days.

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

In the latest period 5% of invoices were paid outside their agreed terms, and 3% landed 61+ days out.

In their own words · from the filing

Standard payment terms

To pay suppliers in accordance with agreed terms of business. Whenever possible, purchase orders are placed on the basis of Flood Re’s standard terms and conditions which included the provision for the payment of suppliers within 30 days of the end of the month in which Flood Re receives the goods, or in which the services are provided.

Dispute resolution

Disputes would be dealt with on a case by case basis by the CFO and or Legal Team with timescale and next steps agreed with the supplier at first instance.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 2023325%3%20 Oct 2023
H1 20233210%10%27 Apr 2023
H2 20223314%9%27 Oct 2022
H1 20223620%10%29 Apr 2022
H2 20213115%7%28 Oct 2021
H1 20213014%6%28 Apr 2021
H2 20203512%6%29 Oct 2020
H1 20202613%3%30 Apr 2020
H2 20192812%7%30 Oct 2019
H1 20192918%7%30 Apr 2019
H2 20182610%4%30 Oct 2018

Quick answers

Are they getting slower or faster?
Their reported average is steady — within about ±2 days period to period, around 32 days.
What's their typical pay point?
Their latest reports average around day 32, 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 Flood Re Limited (free)

Their next payment report is due ≈ 27 Apr 2024. 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-08670444 · latest period to 30 Sept 2023

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