RELX (UK) LIMITED
Company number: 02746621
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
30 January 2026
Approved by:
Nick Luff
Payment statistics
Average time taken to pay invoices: 29 days
Total value paid:
- within 30 days: £15,183,893 (25%)
- in 31 to 60 days: £42,985,603 (71%)
- in 61 days or more: £2,723,081 (4%)
Invoices paid:
- within 30 days: 69%
- in 31 to 60 days: 18%
- in 61 days or more: 13%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £33,240,241
- payments due in the reporting period which have not been paid within the agreed period: 23%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
45 days
Longest standard payment period
Answer not provided
Standard payment terms
RELX (UK) Ltd's standard payment terms are 45 days from invoice date for contracts relating to the LexisNexis business. For corporate costs, no standard payment terms are in place, and payment terms are driven by supplier payment terms. There have been no changes to these standard payment terms in the period. The maximum contractual payment period was 90 days.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
90 days
Of the suppliers which informed us that they are a small business, as defined by the Prompt Payment Code, we paid 71% in 30 days from receipt of invoice.
During 2025 a systems migration resulted in some delays in invoice processing.
Any other information about payment terms
No further comment provided
Dispute resolution process
Payment disputes are initially addressed by either the employee who has the relationship with the supplier (for corporate costs) or by accounts payable (LexisNexis). Matters are escalated to senior management as required
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
Yes, this business has signed up to: Prompt Payment Code
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No