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About us

One focus.
Public sector late payment.

We are a specialist buyer of statutory late payment rights. We buy claims from businesses and insolvency estates, pay a fixed sum on completion, and take full responsibility for what follows. That is the entirety of what we do.

1998
The Late Payment of Commercial Debts (Interest) Act has been in force for over 25 years. The entitlement is real and largely unclaimed.
84%
Of businesses entitled to late payment compensation never claim it. We exist to close that gap.
6yr
Statutory limitation period in England and Wales. Five years in Scotland. Claims that are not bought and pursued before the window closes are lost permanently.

Specialists.
We do one thing.
We do it properly.

Late Payment Action is a specialist buyer of statutory late payment interest and compensation rights arising under the Late Payment of Commercial Debts (Interest) Act 1998. We are not a law firm. We are not a debt collector or a claims facilitator. When we buy a claim, we become the owner of it and the seller steps away entirely.

Late Payment Action was founded in 2022 with a clear mission: to improve payment practices across the public sector by holding public bodies to account for poor payment performance.

We work with two types of client: solvent businesses that supply or have supplied the public sector, and insolvency practitioners with estates that hold late payment rights as an unrealised asset. The process is the same for both: we identify the claim, make a fixed offer, and pay on completion.

A question? We're straightforward to deal with.

Whether you're a business owner who wants to understand your position, or an insolvency practitioner following up on direct contact, the team is available by phone or email.

Talk to the team