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Their own payment-practices filing · gov.uk

How long does The Lycra Company UK Limited take to pay its suppliers?

CRN 10810919 · Manufacturing · 13 statutory reports on record · period to 30 Jun 2026

54days
their reported average time to pay suppliers, latest period
Well behindvs 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
9 Jun 2017
Registered office
ONE, MANCHESTER, M2 3DE
2 outstanding charges — secured borrowing registered Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 0–90 days. Reported average: 54.

Stated terms0–90d
+54 days
Reported avg54d

At a glance

The key figures

0–90d
their stated terms
73%
invoices paid outside terms
±7d
variable pattern

Vs peers · latest reported averages

fasterslower
Slower than 67% of the 992 large companies reporting in manufacturing.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

56
54
40
50
51
54
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 24% 31–60 days 29% 61+ days 47%

The read · computed from their figures

The Lycra Company UK Limited has filed 13 statutory payment periods (earliest H1 2020). Their latest report puts the average at 54 days against stated terms of 0–90 days.

The pattern is steady — their reported average moves within about ±7 days period to period.

In the latest period 73% of invoices were paid outside their agreed terms, and 47% landed 61+ days out.

What they tell their suppliers

Offers e-invoicing

In their own words · from the filing

Standard payment terms

30-60 days

Dispute resolution

General queries on payment dates for invoices are handled by the AP Customer Service help desk. Queries on terms of payment or price of goods are forwarded to the business procurement team to handle directly with the vendor.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20265473%47%21 Jul 2026
H2 20255173%46%28 Jan 2026
H1 2025500%45%14 Oct 2025
H2 20244073%44%14 Jan 2025
H1 20245476%47%3 Jul 2024
H2 20235638%33%26 Jan 2024
H1 20235824%36%13 Jul 2023
H2 20225725%42%18 Jan 2023
H1 20225320%34%27 Jul 2022
H2 20215318%33%24 Jan 2022
H1 20215820%34%7 Jul 2021
H2 20205821%33%14 Jan 2021
H1 20205820%29%22 Jul 2020

Working-capital effect

What a 54-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 54-day vs a 0-day payment cycle.

≈ £21,500
of invoicing outstanding at any one time on a 54-day cycle — about £21,300 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 ±7 days period to period, around 54 days.
What's their typical pay point?
Their latest reports average around day 54, moving within about ±7 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 The Lycra Company UK Limited (free)

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More large companies in manufacturing

The First Milk Cheese Company Limited · The Macallan Distillers Limited · The Cda Group Limited · The North British Distillery Company Limited · The British Pepper & Spice Company Limited · The Royal Mint 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-10810919 · latest period to 30 Jun 2026

Verify the original Companies House file

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