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Their own payment-practices filing · gov.uk

Ignis Investment Services Limited paid suppliers in 112 days on average — 82 days past its stated terms

CRN SC101825 · 5 statutory reports on record · period to 30 Jun 2021

Dated record. The latest report covers a period ending 30 Jun 2021 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
112daysavg time to pay · H1 2021

Their H1 2021 filing put the average 82 days past the 30-day term they state.

Their stated terms
30 days
Paid outside agreed terms
82% of invoices
Paid after 61+ days
64%
Reporting period
1 Jan 2021 – 30 Jun 2021
Source
their gov.uk filing, filed 30 Jul 2021

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

Terms vs reality · their H1 2021 filing

Paid 82 days past their stated terms

The pattern · last 5 of 5 reports

5 → 112 days — slower across the window

The read · computed from their figures

Ignis Investment Services Limited's H1 2021 filing put their average at 112 days against stated terms of 30 days; 82% of invoices were paid outside agreed terms and 64% took 61 days or longer. Filed 30 Jul 2021.

The direction is slower: from 5 days in H1 2019 to 112 now — 107 days slower across their last 5 reports.

That is 5 statutory periods on record (earliest H1 2019) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

30 days

Dispute resolution

DISPUTES Any dispute relating to the interpretation of, arising out of, relating to or in connection with the Agreement will be referred in the first instance to a member of abrdn’s senior management and a director of the Supplier for resolution.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 202111282%64%30 Jul 2021
H2 2020130%0%29 Jan 2021
H1 20205258%58%31 Jul 2020
H2 201914757%57%29 Jan 2020
H1 201950%0%30 Jul 2019

Illustrative · working-capital arithmetic

What a 112-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 112-day vs a 30-day payment cycle.

≈ £44,000
of invoicing outstanding at any one time on a 112-day cycle — about £32,300 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 · Ignis Investment Services Limited

Are they getting slower or faster?
Their reported average has moved about 107 days slower over the window (5 → 112 days).
What's their typical pay point?
Their latest filed report put the average at day 112; across their last 5 reports it ranged 5–147 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-SC101825 · latest period to 30 Jun 2021

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