369 large companies named the Prompt Payment Code or the Fair Payment Code in their latest payment practices report. Their median time to pay suppliers was 23 days, and the median company among them paid 86% of invoices within 30 days.
Six of them averaged more than 60 days:
- Petrofac Engineering Limited242 days in the six months to 30 June 2026
- Petrofac Facilities Management Limited110 days in the six months to 30 June 2026
- Severfield (Design & Build) Limited102 days in the six months to 30 September 2025
- Walkers Snacks Limited81 days in the six months to 30 June 2026
- BP Marine Limited68 days in the six months to 30 June 2026
- Petrofac Services Limited62 days in the six months to 30 June 2025
Nine of the companies naming a code said half or more of their invoices were paid outside the terms agreed with the supplier.
The Fair Payment Code, run by the Office of the Small Business Commissioner, has replaced the Prompt Payment Code, and some companies still name the old code in their reports. The reports cover all of a company's invoices over six months, so a company can sign a code and still report a long average.
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.
Source: Check payment practices, under the Open Government Licence v3.0.