Payment times › United Kingdom › Wholesale and retail trade
855 wholesale and retail trade filings · United Kingdom

How long do UK wholesale and retail trade companies take to pay suppliers?

Large UK wholesale and retail trade companies take a median of 37 days to pay supplier invoices, 6 days slower than the UK median of 31 days. The sector ranks 3 of 18, where 1 is the slowest payer.

Figures cover large UK companies paying all their suppliers.

37daysmedian to pay suppliers
3of 18slowest-paying rank
15%of invoices paid late
3,395insolvencies, last 12 months

Where does wholesale and retail trade rank?

Rank 3 of 18 by median days to pay, where 1 is the slowest. The dark bar is wholesale and retail trade.

How many invoices are paid late?

At the median company, 15% of invoices are paid late, the same as the UK figure of 15%.

How long do most take?

The middle half of companies pay in 28 to 47 days. A quarter take longer than 47 days.

How many invoices go past 60 days?

8% of invoices take more than 60 days at the median company, against 5% across the UK.

How many companies became insolvent?

3,395 wholesale and retail trade companies became insolvent in England and Wales over Sep 2025 to Aug 2026, rank 2 of 18 by number of cases. This is a count, not a rate.

Businesses that sell to wholesale and retail trade companies can compare these figures with their own debtor days, or check how fast a single customer pays. Paidnice is UK credit control software that sends reminders and adds late fees on overdue invoices in Xero or QuickBooks. See Paidnice for wholesalers. For the wider picture, read the accounts receivable statistics for the UK.

Which wholesale and retail trade trades pay slowest?

Wholesale of wine, beer, spirits and other alcoholic beverages is the slowest trade at 48 days. Wholesale of other fuels and related products is the fastest at 20 days.

Trade (SIC)Median daysMiddle halfPaid late
Wholesale of wine, beer, spirits and other alcoholic beverages (46342)23 companies4836.5 to 5730%
Wholesale of pharmaceutical goods (46460)50 companies4435.2 to 55.221%
Non-specialised wholesale trade (46900)65 companies42.531.8 to 57.512%
Retail sale of clothing in specialised stores (47710)32 companies3726.5 to 53.522%
Retail sale via mail order houses or via Internet (47910)25 companies3625 to 4913.5%
Other retail sale in non-specialised stores (47190)33 companies3633 to 4314%
Retail sale in non-specialised stores with food, beverages or tobacco predominating (47110)28 companies3527.8 to 40.29%
Sale of new cars and light motor vehicles (45111)127 companies3125 to 3711%
Wholesale of other fuels and related products (46719)21 companies2015 to 296%

Cite: Paidnice (2026). UK wholesale and retail trade payment times. https://www.paidnice.com/payment-times/uk/wholesale-and-retail. Source: UK payment practices filings (March 2025 to August 2026), Companies House, Insolvency Service. Figures cover large UK companies paying all their suppliers.

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Questions

How long do UK wholesale and retail trade companies take to pay invoices?

Large UK wholesale and retail trade companies take a median of 37 days to pay supplier invoices, 6 days slower than the UK median of 31 days. The sector ranks 3 of 18, where 1 is the slowest payer.

What share of wholesale and retail trade invoices are paid late?

At the median wholesale and retail trade company, 15% of supplier invoices are not paid within the agreed terms. For all UK large companies the median is 15%.

How many wholesale and retail trade companies became insolvent in the last 12 months?

3,395 wholesale and retail trade companies entered insolvency in England and Wales in the 12 months to Aug 2026. That ranks 2 of 18 sectors by number of cases. This is a count, not a rate, so larger sectors have more cases.

Can I charge interest when a UK customer pays late?

Yes. The Late Payment of Commercial Debts (Interest) Act 1998 lets a business charge statutory interest of 8% a year above the Bank of England base rate on a late commercial invoice, plus fixed compensation of £40, £70 or £100 depending on the invoice amount.

Method and sources

The Reporting on Payment Practices and Performance Regulations 2017 require large UK companies and LLPs to report twice a year on how they pay suppliers. We took each company's latest filing with a period ending March 2025 to August 2026, matched it to its first SIC code on the Companies House register, and grouped companies by SIC section. Each company reports its own average days to pay. We take the median of those company averages, so one extreme filer cannot move the sector result. Trades and sectors publish only with 20 or more companies. Insolvency counts are Insolvency Service figures for England and Wales, Sep 2025 to Aug 2026, not seasonally adjusted.

Sources: UK payment practices service, Companies House, Insolvency Service. Contains public sector information licensed under the Open Government Licence v3.0. Download the sector and trade data (CSV).