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Their own payment-practices filing · gov.uk

Stewart Milne Homes North West England (Developments) Limited paid suppliers in 39 days on average — within its stated 30–90 day terms

CRN 11143010 · Construction · 4 statutory reports on record · period to 31 Oct 2023

Dated record. The latest report covers a period ending 31 Oct 2023 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
39daysavg time to pay · H2 2023

Their H2 2023 filing put the average 9 days past the shortest term they state (30 days), still within their 90-day upper term.

Their stated terms
30–90 days
Paid outside agreed terms
23% of invoices
Paid after 61+ days
8%
Reporting period
1 May 2023 – 31 Oct 2023
Source
their gov.uk filing, filed 30 Nov 2023

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

Terms vs reality · their H2 2023 filing

Paid within their stated range — 39 against 30–90 days

The pattern · last 4 of 4 reports

Held steady around 39 days

The read · computed from their figures

Stewart Milne Homes North West England (Developments) Limited's H2 2023 filing put their average at 39 days against stated terms of 30–90 days; 23% of invoices were paid outside agreed terms and 8% took 61 days or longer. Filed 30 Nov 2023.

The pattern is steady — their reported average moves within about ±3 days period to period.

That is 4 statutory periods on record (earliest H1 2022) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

The company negotiates and agrees payment terms with its suppliers. This will result in payment terms varying per supplier. The most common payment term is current month plus 30 days; although payment terms can range from being payable on receipt to current month plus 60 days.

Dispute resolution

Supplier invoices and payments are managed by the various divisions at Stewart Milne Group; each division being responsible for their own supplier invoices. Disputed invoices will be communicated with the supplier by the appropriate department/individual involved. This will be investigated and resolved by the appropriate department and resolved in a timely manner. Divisional Finance Director’s will get involved if required. Complaints from supplier about payment and payment disputes are dealt with on an individual basis. In cases of non-payment; the supplier is kept up to date with the status by the division responsible. Complaints are raised in the first instance with the person responsible for the contract and can be escalated to divisional finance director and divisional managing di

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20233923%8%30 Nov 2023
H1 20234036%10%25 May 2023
H2 20224333%16%29 Nov 2022
H1 20223819%5%30 May 2022

On the public register · Companies House

Company record

Status
Liquidation
Type
Private Limited Company
Incorporated
10 Jan 2018
Registered office
5 TEMPLE SQUARE, LIVERPOOL, L2 5RH
21 outstanding charges — secured borrowing registered Accounts due 30 Jul 2024

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 39-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 39-day vs a 30-day payment cycle.

≈ £15,500
of invoicing outstanding at any one time on a 39-day cycle — about £3,500 more than the same account would carry at 30-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 · Stewart Milne Homes North West England (Developments) Limited

Are they getting slower or faster?
Their reported average was steady — within about ±3 days period to period, around 39 days.
What's their typical pay point?
Their latest reports averaged around day 39, moving within about ±3 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.
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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-11143010 · latest period to 31 Oct 2023

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