PAIDLATE by YORXEN public-record company checks
← New check

Their own payment-practices filing · gov.uk

Monzo Bank Limited pays suppliers in 32 days on average — 2 days past its stated terms

CRN 09446231 · Financial services · 12 statutory reports on record · period to 31 Mar 2026

32daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 2 days past the 30-day term they state.

Slower than mostvs a 31-day median across 6,104 recent filers
Their stated terms
1–30 days
Paid outside agreed terms
46% of invoices
Paid after 61+ days
12%
Reporting period
1 Oct 2025 – 31 Mar 2026
Source
their gov.uk filing, filed 30 Apr 2026

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

Terms vs reality · their H1 2026 filing

Paid 2 days past their stated terms

The pattern · last 6 of 12 reports

21 → 32 days — slowing down

The read · computed from their figures

Monzo Bank Limited's H1 2026 filing puts their average at 32 days against stated terms of 1–30 days; 46% of invoices were paid outside agreed terms and 12% took 61 days or longer. Filed 30 Apr 2026.

The direction is slower: from 21 days in H1 2023 to 32 now — 11 days slower across their last 6 reports.

On the latest reported averages: Slower than 79% of the 638 large companies reporting in financial services.

That is 12 statutory periods on record (earliest H1 2020) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

Monzo has standard payment terms of 30 Days. Certain Suppliers however have agreed terms of immediate, 7, 14 & 15 days - This equates to approximately 20% of the supplier population, the remainder are on the standard 30 day terms.

Dispute resolution

Monzo Finance, Procurement and Business collectives work collaboratively with Suppliers to resolve any Supplier Invoice or payment disputes. We have a dedicated Accounts Payable team who oversee invoice payments. 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, Monzo will pay any undisputed amount and the Parties will seek to resolve that dispute as quickly as possible.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20263246%12%30 Apr 2026
H2 20251727%2%31 Oct 2025
H1 20251422%1%30 Apr 2025
H2 20241726%1%30 Oct 2024
H1 20241624%1%1 May 2024
H1 20232130%2%28 Sept 2023
H1 20232735%5%30 Mar 2023
H1 20222536%3%29 Sept 2022
H1 20222635%3%1 Apr 2022
H1 20212421%3%30 Sept 2021
H1 20212529%2%22 Mar 2021
H1 20202339%1%28 Sept 2020

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
18 Feb 2015
Registered office
BROADWALK HOUSE, LONDON, EC2A 2AG
2 outstanding charges — secured borrowing registered Accounts due 31 Dec 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 32-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 32-day vs a 1-day payment cycle.

≈ £12,500
of invoicing outstanding at any one time on a 32-day cycle — about £12,200 more than the same account would carry at 1-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 · Monzo Bank Limited

Are they getting slower or faster?
Their reported average has moved about 11 days slower over the window (21 → 32 days).
What's their typical pay point?
Their latest filed report puts the average at day 32; across their last 6 reports it ranged 14–32 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.
Share

Stay ahead

Watch Monzo Bank 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.

You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.

More large companies in financial services

Moneycorp CFX Limited · More 2 Life Ltd · Moneybarn No.1 Limited · Morgan Stanley & Co. International PLC · Monex Europe Limited · Morgan Stanley Bank International 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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-09446231 · latest period to 31 Mar 2026

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.