// payment practices, as filed · company 08453370
Knights Professional Services Ltd: how it pays its suppliers, from its own filing
Knights Professional Services Ltd reports paying its suppliers in an average of 18 days, with 31% of invoices paid later than the agreed terms, for the period 1 November 2025 to 30 April 2026. Across the 1,496 companies that report on construction contracts, the median is 31 days and 14% late. Every figure below is the company’s own, approved by a director and published on the government register; this page reproduces it and says what it means for a subcontractor.
18 days
Average days to pay
longer than 10% of the 1,496 filers; median 31 days
31%
Paid later than agreed
a higher share than 81% of filers; median 14%
84%
Paid within 30 days
0% took longer than 60 days
The terms it declares
- Standard payment terms
- 1 to 90 days
- Maximum contractual period
- 90 days
- Paid in 31 to 60 days
- 16%
- Paid after 60 days
- 0%
- Not paid because of a dispute
- 0%
- Filed on
- 29 May 2026
Their standard terms, in their words
The company does not use standard terms but the most frequently used payment term is 30 days. Certain costs are incurred on behalf of clients where the supplier does not require payment until the company has received the payment from the client.
Every filing since Oct 2018
Knights Professional Services Ltd has filed 16 times. The share paid late is down 21 points on the previous filing, and the average days to pay down 4 days. The first filing, for the period to 31 October 2018, reported 22 days and 28% late.
| Period to | Days to pay | Paid late | Within 30 days | Over 60 days |
|---|---|---|---|---|
| 30 April 2026 | 18 | 31% | 84% | 0% |
| 31 October 2025 | 22 | 52% | 67% | 2% |
| 30 April 2025 | 22 | 48% | 76% | 1% |
| 31 October 2024 | 22 | 50% | 78% | 1% |
| 30 April 2024 | 22 | 49% | 82% | 1% |
| 31 October 2023 | 24 | 55% | 69% | 1% |
Retention
- Retention clauses in construction contracts
- yes
- Standard retention rate
- not stated
- In all construction contracts
- no
- Same terms they receive from their own client
- no
- When they apply retention
- Suppliers of our refurbishment contracts will often include a retention clause payable 12 months after completion of the project
What this means if you are pricing work for them
The share paid later than agreed is the number to read first, because a short term makes an invoice late sooner and a long one hides lateness inside the term. Knights Professional Services Ltd is above the median on that measure, so build the delay into your cash flow before you sign. The average days to pay sits under the median.
On a 30-day term this company’s average lands inside the term, so a late invoice is the exception. When one is late, the calculator shows what statutory interest and the fixed sum add, which the law lets you charge without a clause.
Against the official benchmark: the Department for Business and Trade’s statistics for 2025, published 14 July 2026, put large construction businesses at 33 days to pay with 14% of invoices late by number (13% by value), and all large businesses at 32 days and 15% late. Knights Professional Services Ltd is at or inside the sector figure on days. Its late share is above the sector figure.
What the register does not show: it is self-reported, large companies only, and the filing covers the whole company, not your contract. Read it alongside the notice rules that decide what you are actually owed, and keep your own dates.
Questions subcontractors ask about Knights Professional Services Ltd
- How long does Knights Professional Services Ltd take to pay its suppliers?
- Knights Professional Services Ltd reported an average of 18 days to pay an invoice for 1 November 2025 to 30 April 2026, with 84% of invoices paid within 30 days and 0% taking longer than 60 days. The official 2025 figure for large construction businesses is 33 days.
- Does Knights Professional Services Ltd pay late?
- By its own filing, 31% of Knights Professional Services Ltd's invoices were paid later than the agreed terms, against 14% across large construction businesses in 2025 and a median of 14% among the 1,496 companies on this register that declare construction contracts. That is down 21 points on its previous filing (52% for the period to 31 October 2025).
- Does Knights Professional Services Ltd hold retention?
- Yes. Knights Professional Services Ltd declares retention clauses in its construction contracts, though not in all of them. The filing's own wording is quoted above.
- Can I charge Knights Professional Services Ltd interest on a late invoice?
- Yes, under the Late Payment of Commercial Debts (Interest) Act 1998, from the day after the final date for payment, at 8% over the Bank of England base rate plus a fixed sum per invoice, without any clause in the contract. The calculator works it out for your figures.
Source: the company’s own report on the government’s payment practices service, report 112093, made under the Reporting on Payment Practices and Performance Regulations 2017 and reproduced under the Open Government Licence v3.0. Register copy taken 2 October 2026; comparisons are against the latest filing of each of the 1,496 companies declaring construction contracts. Figures are as filed, not judged. Not legal advice.
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- Which main contractors pay late? What the payment practices register saysTen UK main contractors' filed payment figures: average days to pay, share paid late, report links. Median of 1,496 construction filers: 31 days, 14% late.
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