UK Payment Practices Report

Lipsy Limited payment practices report

PennyFetch rating based on government data:

Mostly on time

Companies House no. 05728110

This rating is PennyFetch’s own assessment derived from data self-reported by Lipsy Limited to the UK government.

This data is from Aug 2025. A more recent report may be available from the government service.

Avg. days to pay

25

UK median: 32

Outside agreed terms

27%

UK average: 24%

Trend

Getting slower

15 reports filed

Payment terms

7 days

Standard terms

Invoice payment breakdown

84%
10%
Within 30 days: 84%31 to 60 days: 10%Over 60 days: 6%

How Lipsy Limited compares

Lipsy Limited takes an average of 25 days to pay its suppliers, which is 7 days faster than the UK median of 32 days across 9,336 reporting companies. 27% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been getting worse over time based on historical filings.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (7 days), not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.

Payment history

PeriodAvg. days% outside terms% in 30d% over 60d
Jan 2025 to Jul 20252527%84%6%
Jul 2024 to Jan 20253651%79%11%
Jan 2024 to Jul 20243346%87%7%
Jul 2023 to Jan 20242939%82%9%
Jan 2023 to Jul 20233437%82%9%
Jul 2022 to Jan 20232735%77%8%
Jan 2022 to Jul 20222024%89%4%
Aug 2021 to Jan 20222936%77%9%
Jan 2021 to Jul 20212433%81%5%
Jul 2020 to Jan 20212655%68%7%
Jan 2020 to Jul 20202938%74%11%
Jul 2019 to Jan 20203555%65%20%
Jan 2019 to Jul 20192127%85%6%
Jul 2018 to Jan 20192133%85%5%
Jan 2018 to Jul 20181723%91%3%
Working with Lipsy Limited?

PennyFetch sends automatic payment reminders so you don’t have to chase. If they still don’t pay, it calculates statutory interest and generates a Letter Before Action as a PDF.

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Frequently asked questions

According to their most recent self-reported government filing, LIPSY LIMITED pays invoices in 25 days on average. 27% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Mostly on time" based on that data.

All payment statistics on this page are self-reported by Lipsy Limited to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.

Most recent report filed: Aug 2025. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.

Is this your company?

If you believe this data is incorrect, outdated, or needs additional context, please email corrections@pennyfetch.co.uk. We will review your request and update or add context to this page where appropriate.