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Their own payment-practices filing · gov.uk

How long does L&q PRS Co Limited take to pay its suppliers?

CRN 09293606 · Real estate · 8 statutory reports on record · period to 31 Mar 2026

15days
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.

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
4 Nov 2014
Registered office
5 CHURCHILL PLACE 10TH FLOOR, LONDON, E14 5HU
7 outstanding charges — secured borrowing registered Accounts due 31 Dec 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 7–60 days. Reported average: 15.

Stated terms7–60d
+8 days
Reported avg15d

At a glance

The key figures

7–60d
their stated terms
12%
invoices paid outside terms
-22d
faster over the window
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 86% of the 74 large companies reporting in real estate.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 7d
37
28
18
16
17
15
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 93% 31–60 days 5% 61+ days 2%

The read · computed from their figures

L&q PRS Co Limited has filed 8 statutory payment periods (earliest H2 2022). Their latest report puts the average at 15 days against stated terms of 7–60 days.

The direction is faster: from 37 to 15 days over the window — about 22 days faster.

In the latest period 12% of invoices were paid outside their agreed terms, and 2% landed 61+ days out.

In their own words · from the filing

Standard payment terms

L&Q PRS Co Limited's standard terms is to make payment within 30 days from receipt of a valid invoice. Subcontractor suppliers are paid in line with their contract, which may be more quickly.

Dispute resolution

L&Q PRS Co Limited aims to resolve all disputes promptly. This will normally be by contacting the supplier and resolving any issues.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20261512%2%27 Apr 2026
H2 20251710%3%28 Oct 2025
H1 2025167%4%28 Apr 2025
H2 20241818%5%28 Oct 2024
H1 20242840%8%29 Apr 2024
H2 20233751%8%30 Oct 2023
H1 20233957%9%3 May 2023
H2 20224457%17%28 Oct 2022

Working-capital effect

What a 15-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 15-day vs a 7-day payment cycle.

≈ £6,000
of invoicing outstanding at any one time on a 15-day cycle — about £3,200 more than the same account would carry at 7-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 has moved about 22 days faster over the window (37 → 15 days).
What's their typical pay point?
Their latest reports average around day 15, 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 L&q PRS Co Limited (free)

Their next payment report is due ≈ 27 Oct 2026. 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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More large companies in real estate

L&q New Homes Limited · Lambert Smith Hampton Group Limited · Kinleigh Limited · Land Securities P L C · Jones Lang Lasalle Services Limited · Land Securities Properties Limited

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-09293606 · latest period to 31 Mar 2026

Verify the original Companies House file

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