LEASED AND TENANTED PUBS 2 LIMITED demonstrates a moderate average payment time of 26 days, with the majority of payments (83%) settled within 30 days and no instances of payments exceeding 60 days. However, the 17% of payments falling in the 31–60 day bracket indicates a recurring portion of slower settlements that push beyond standard terms. Overall, the payment speed profile suggests a broadly acceptable but inconsistent trajectory rather than a reliably prompt one.
The most significant concern is the 62% late payment rate, which stands in stark contrast to the relatively healthy 26-day average and indicates that a substantial majority of invoices are not being paid within agreed contractual terms. This discrepancy suggests that while payments are ultimately resolved within a reasonable timeframe, the company frequently misses its committed payment deadlines, creating cash flow unpredictability for suppliers. The complete absence of over-60-day payments does provide some reassurance that exposure to prolonged debt is low.
Suppliers can take measured comfort from the 26-day average and zero over-60-day payments, but the 62% late payment rate represents a material reliability risk that should not be overlooked when setting credit terms. It is advisable to implement shorter payment terms (e.g., net 15) or request partial upfront payment to reduce exposure given the high frequency of late settlements. Regular invoice follow-up and clearly defined late payment penalties in the contract would serve as practical risk mitigation measures when trading with this company.
| 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 Oct 2025 - 31 Mar 2026 | 30 Apr 2026 | 26 | 83% | 17% | 0% | 62% |
| 01 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 26 | 80% | 20% | 0% | 41% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 days from invoice date.
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
Any invoice disputes are initially dealt with within the dedicated accounts payable department. The invoice will be placed on hold and passed to the area of the business that was responsible for ordering the goods or service to resolve direct with the supplier. Once resolved and a credit received, the invoice will be paid, once due, on the next payment run.
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
Leased and Tenanted Pubs 2 Limited is a private limited company registered in Solihull, incorporated in July 2019. It was previously named Stonegate Pub Company Bidco Holdings Limited before its rename in June 2022. Its registered nature of business is public houses and bars. Companies House filings show it operating as a subsidiary within the Stonegate Pub Company group, filing consolidated group accounts and having been under the control of related Stonegate entities as persons with significant control. The company has been party to secured charges with banking institutions, most now satisfied. As a subsidiary entity, its role sits within the wider Stonegate group's leased and tenanted pub estate rather than as an independent trading operator in its own right.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk