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How companies paid their suppliers before they failed: TalkTalk Telecom Limited averaged 64 days

17 companies in administration or liquidation had filed a recent payment report. Their median time to pay was 52 days.

  • Failed companies with a recent report: 17
  • Their median days: 52
  • Over 60 days: 2

17 of the companies in the Fair Payment insolvency register had filed a payment practices report for a period ending in the two years before they went into administration or liquidation. Their median time to pay suppliers in that last report was 52 days, against 31 for all large companies reporting now.

The slowest were TalkTalk Telecom Limited, 64 days in the period to 28 February 2026 with 50% of invoices paid late, Petrofac Services Limited, 62 days in the period to 30 June 2025 with 12% of invoices paid late, HFD Limited, 59 days in the period to 30 June 2026 with 49% of invoices paid late, FRSL Realisations (2025) Limited, 56 days in the period to 30 August 2025 with 43% of invoices paid late and H Realisations 2026 Limited, 56 days in the period to 28 March 2026 with 62% of invoices paid late.

Two of them averaged more than 60 days in their last report.

A slow average is not a sign that a company will fail, and most slow payers do not. But a record that gets worse from one report to the next is worth watching, and each case page shows the company's payment record next to the details creditors need: the practitioners, the claim deadline and, where it has been filed, what unsecured creditors are expected to get back.

The full list of administrations and liquidations is in the insolvency register. Suppliers can get an email when a customer files a new report or an insolvency notice appears.

About these figures

Figures are what each company filed on the government's Check payment practices service, as downloaded on 9 November 2026. Large companies and limited liability partnerships must report every six months under the Reporting on Payment Practices and Performance Regulations 2017. Unless stated, each company's latest report is used, counting only periods that ended on or after 10 May 2025, and reports with figures that cannot be right are left out. Companies whose latest figures look inconsistent with their earlier filings, such as an average more than double their previous report, are not named in our stories; they stay in the tables with a note. How we use the data.

Written by Fair Payment's data desk from the filed figures, without a human writing step. Source: Check payment practices, under the Open Government Licence v3.0.

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