UK Late Payments: Cash-Flow and Contract Boundaries
Guide - Reviewed against this official source version
United Kingdom source reference
Official contract-date, statutory fallback and optional recovery boundaries for UK business payments. This United Kingdom source reference supports 1 Margin101 public page.
| Value | Scope | Label |
|---|---|---|
| Agreed terms first; reviewed statutory fallback applies when no date is agreed | Business transactions only. Margin101 does not determine whether longer terms are fair or enforceable. | Contract and statutory payment-date boundary |
| A supplier may claim interest and debt-recovery costs | A possible right is not evidence that a charge will be exercised, enforceable in the actual dispute or collected. | Optional statutory recovery right |
| Terms may be agreed and a supplier may choose whether to charge interest | The article models the contractual due date and forecast receipt separately. | Contractual terms and supplier choice |
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Guide - Reviewed against this official source version
GOV.UK late commercial payments and payment obligations guidance. The monitored claims are educational reference context; the scope shown in the table controls how Margin101 uses each claim.