Introduction

Did you know that UK law entitles businesses to claim late payment compensation from the public sector? Find out if you can make a claim.

Cash flow is vital for the long-term success of any business. As such, getting paid on time is essential. Even just one late payment can impact your business and cause you to enter into an insolvency process.

Fortunately, UK law has specific laws and regulations surrounding late payment compensation. These regulations protect suppliers to the public sector, enabling your business to make a claim to compensate for the impact of the delayed payment. 

Despite clear legislation on the topic, many businesses don’t know that they can claim compensation for late public sector payments. 

What’s more, due to a complex public procurement process, many simply don’t have the expertise or resources to navigate the claims process. As a result, most businesses opt to work with specialist services like latepaymentaction.com

We’re one of the UK’s leading public sector late payment specialists, leveraging years of industry experience to maximise your chances of a successful claim. Get in touch. 

This guide explores the eligibility criteria to make a late payment compensation claim and what to do if you are paid late by the public sector.

Claiming Late Payment Compensation: Key Facts

Here’s what you need to know:

What is late payment compensation?

A late payment compensation claim provides businesses with financial recourse when there is a delay in payment. This is stated in the Late Payment of Commercial Debts (Interest) Act 1998.

Under the Act, a business can claim compensation for every invoice that is paid late and outside the agreed payment terms. This is provided that the invoice is undisputed and the public sector body pays outside of the allotted 30-day period.

💡 Read our comprehensive overview of the UK legislation surrounding late payment compensation.

How do I know if I’m eligible to make a late payment compensation claim?

The best way to find out if you’re eligible to make a retrospective claim is by using our free Eligibility Checker.

In just a few minutes, you can see if you qualify to claim compensation.

Then, you can use our Claim Calculator to get an estimate of how much you can expect to receive.

 🚀 Learn more about the process on our Claims Process page →

What are late payment compensation specialists?

These are specialist services that can navigate the complex claims process on your behalf. That way, you can claim compensation without spending time and resources researching the relevant legislation.

For instance, at latepaymentaction.com, we provide expert advice and guidance to help optimise your chances of a successful claim.

Our team of specialists will handle the full claims process, working tirelessly on your behalf to get you the money you deserve.

What’s more, we’ll advise on how to address the subject with your public sector clients and strategies to prevent future late payments.

By breaking the entire process down into four simple steps, we take the stress out of claiming late payment compensation. 

For additional peace of mind, our no-win no-fee approach minimises the financial risk on your part. 

🔍 Discover the benefits of working with late payment compensation experts →

How to make a claim for late payments?

Thanks to our experts, getting compensation for late public sector payments is easier than ever. We leverage our years of experience to work on your behalf, so you can get the money you deserve with no hassle.

All you have to do is follow our simple four-step claims process:

  1. Check your eligibility with our free checker
  2. Head to our Make a Claim page
  3. Fill out the electronic Claim Pack (we’ll send it to you)
  4. Look out for updates from our specialist team

We’ll be working hard behind the scenes to ensure you get the best possible outcome, giving you regular progress updates along the way.

📖 Browse our FAQs page for more information on making a claim with us →

Why Choose Us?

As a leader in the late public sector payments field, we deliver consistently excellent results. Our highly-trained team of experts have extensive industry knowledge and are up-to-date with the latest in UK legislation. Here are just some of the reasons to choose latepaymentaction.com: 

  • Free eligibility checker 
  • Claim calculator to estimate how much you’re entitled to
  • Simple, straightforward claim process
  • Transparent communication
  • Regular updates on the status of your claim
  • Reliable team of professionals
  • Comprehensive resource hub and FAQ page to keep you informed
  • No-win, no-fee guarantee

We believe in protecting small businesses from the impact of delayed payments, and we’ll do everything we can to get you the best possible outcome. Contact us today to start the claims process.

Next Steps

Ready to see how much compensation your business can claim? Our Late Payment Specialists offer expert advice and services to businesses of all sizes across the UK. 

Check our Eligibility Checker to see if you can make a late payment compensation claim today.

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