Industry ranking
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2025 - 31 Dec 2025 | 28 Jan 2026 | 27 | 68% | 31% | 1% | 27% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 27 | 67% | 32% | 1% | 36% |
| 01 Jan 2020 - 30 Jun 2020 | 17 Sept 2020 | 8 | 95% | 3% | 2% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are Net 30 days from invoice date and the maximum payment terms are Net 60 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Where payment disputes arise, suppliers should raise these with their business relationship manager and by emailing: Invoice.finance@krgroup.co.uk.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
More2life Ltd, registered in England as company number 5390268 and based in Preston, trades as more2life. It designs and provides lifetime mortgages, a form of later life lending, distributed exclusively through financial advisers rather than directly to consumers. Its product range includes plans such as Flexi, Horizon, Apex, Tailored, Maxi and Omni, alongside adviser tools including calculators and application platforms. The company describes lifetime mortgages as its sole business focus, supporting advisers with technology and dedicated account management to help clients release equity from their homes in later life. It is authorised and regulated by the Financial Conduct Authority.
Generated from the company's website and Companies House records. Sources: more2life.co.uk · more2life.co.uk · more2life.co.uk