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Their own payment-practices filing · gov.uk

How long does QHG Trading LLP take to pay its suppliers?

CRN OC414946 · 2 statutory reports on record · period to 30 Jun 2019

309days
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.

Share
Dated record. The latest report covers a period ending 30 Jun 2019 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

Terms vs reality

Stated terms: 30–365 days. Reported average: 309.

Stated terms30–365d
+279 days
Reported avg309d

At a glance

The key figures

30–365d
their stated terms
0%
invoices paid outside terms

Vs peers · latest reported averages

fasterslower
Slower than 100% of large companies reporting.

Where their supplier invoices land · latest period

within 30 days 7% 31–60 days 0% 61+ days 93%

The read · computed from their figures

QHG Trading LLP has filed 2 statutory payment periods (earliest H2 2018). Their latest report puts the average at 309 days against stated terms of 30–365 days.

In the latest period 0% of invoices were paid outside their agreed terms, and 93% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Payment terms are agreed with suppliers as part of contract negotiations. The most commonly used terms are 30 days, but payment terms vary by commodity traded and geographical location and could be longer or shorter as mutually agreed. Once authorised, trade invoices are paid when contractually due through regular payment runs. Consistent with normal industry practices: Variety of 30 days up to 365 days

Dispute resolution

The process for resolution of disputes involves discussion with our commercial & legal teams to review facts and circumstances and recommend resolutions.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20193090%93%30 Jul 2019
H2 20183100%90%30 Jan 2019

Working-capital effect

What a 309-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 309-day vs a 30-day payment cycle.

≈ £122,000
of invoicing outstanding at any one time on a 309-day cycle — about £110,000 more than the same account would carry at 30-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

What's their typical pay point?
Their latest reports average around day 309. 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 QHG Trading LLP (free)

Their next payment report is due ≈ 26 Jan 2020. 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-OC414946 · latest period to 30 Jun 2019

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