// payment practices, as filed · company 12475099
Kpmg International Services Ltd: how it pays its suppliers, from its own filing
Kpmg International Services Ltd reports paying its suppliers in an average of 36 days, with 25% of invoices paid later than the agreed terms, for the period 1 October 2025 to 31 March 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.
36 days
Average days to pay
longer than 62% of the 1,496 filers; median 31 days
25%
Paid later than agreed
a higher share than 71% of filers; median 14%
57%
Paid within 30 days
12% took longer than 60 days
The terms it declares
- Standard payment terms
- 45 to 60 days
- Maximum contractual period
- 60 days
- Paid in 31 to 60 days
- 31%
- Paid after 60 days
- 12%
- Not paid because of a dispute
- 0%
- Filed on
- 28 April 2026
Their standard terms, in their words
Except as outlined below, standard payment terms with third party suppliers are 45 days. The Company shall make payment upon 45 days of receipt of a correct and complete invoice. If any of this information is omitted, then the invoice will be rejected and the supplier will be required to re-submit a correct invoice for processing (which will not begin until all the information has been provided). Standard payment terms with third party suppliers that the Company contracts with using our standard purchase order terms are 60 days. Standard purchase order terms are typically only used if eithe…
Their explanation
Payments are made to external third party suppliers and also to KPMG member firms as suppliers to the Company. The payment statistics therefore include the overall position of payments made to suppliers within the KPMG network as well as third party suppliers outside of the KPMG network. During the reporting period, 29% of payments were made to external third party suppliers outside of the KPMG network as compared to 71% to KPMG member firms. If the statistics only included payments to external third party suppliers, they would be as follows for the period 1 October 2025 to 31 March 2026:…
Every filing since Mar 2023
Kpmg International Services Ltd has filed 7 times. The share paid late is up 10 points on the previous filing, and the average days to pay up 3 days. The first filing, for the period to 31 March 2023, reported 47 days and 39% late.
| Period to | Days to pay | Paid late | Within 30 days | Over 60 days |
|---|---|---|---|---|
| 31 March 2026 | 36 | 25% | 57% | 12% |
| 30 September 2025 | 33 | 15% | 65% | 7% |
| 31 March 2025 | 41 | 29% | 43% | 14% |
| 30 September 2024 | 39 | 22% | 45% | 12% |
| 31 March 2024 | 41 | 28% | 40% | 12% |
| 30 September 2023 | 39 | 20% | 49% | 12% |
Retention
This filing declares no retention clauses in its construction contracts. If your subcontract with Kpmg International Services Ltd does hold retention, the contract governs; the retention piece explains how to get it released.
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. Kpmg International 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 over the median.
A worked example on a 30-day term: an invoice of £10,000.00 paid on this company’s average, 6 days after the final date, carries £19.32 of statutory interest at 11.75% plus the fixed sum, £119.32 in all, which the law lets you add without a clause. Run your own figures.
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. Kpmg International Services Ltd is slower than the sector figure. 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 Kpmg International Services Ltd
- How long does Kpmg International Services Ltd take to pay its suppliers?
- Kpmg International Services Ltd reported an average of 36 days to pay an invoice for 1 October 2025 to 31 March 2026, with 57% of invoices paid within 30 days and 12% taking longer than 60 days. The official 2025 figure for large construction businesses is 33 days.
- Does Kpmg International Services Ltd pay late?
- By its own filing, 25% of Kpmg International 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 up 10 points on its previous filing (15% for the period to 30 September 2025).
- Does Kpmg International Services Ltd hold retention?
- Kpmg International Services Ltd declares no retention clauses in its construction contracts in this filing. Your subcontract governs; if it holds retention, the contract terms decide when it is released.
- Can I charge Kpmg International 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 111082, 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.
// read next
- Pay less notice: what it must say and when it must arriveWhat a pay less notice must contain under s.111 of the Construction Act, the deadline (contract or 7 days before the final date), and what happens if it's late.
- Late payment interest rate UK: how the 8% over base rule works, and why the date mattersUK late payment interest is 11.75% for business invoices due from 1 July 2026. How it is set, the £40/£70/£100 fixed sums, and a worked example on £18,400.
- 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.
- Every company that files on construction contractsThe full A to Z, 1,496 filers, each with its own page.