Last updated: 12 January 2025
Pay Later is available on selected services only, subject to eligibility, approval and signed terms. Eligible customers receive the service immediately and defer payment for up to 6 months or until first revenue is generated, whichever comes first.
Available to UK residents aged 18+ who complete identity verification and digitally sign a commitment invoice. Pay Later is not available on meeting room bookings, third-party government or statutory fees, or any amount payable to an external provider.
No deposit is required on standard Pay Later services. Where a package includes third-party costs that we must pay upfront (for example government filing fees), those amounts are payable at the time of order and are stated before you confirm.
Full payment is due at the earlier of: (a) 6 months from the date of the signed commitment invoice, or (b) the date your business generates its first revenue. The maximum deferral period is 6 months; it cannot be extended unless agreed in writing.
“First revenue” means the first payment received by your business from a customer for goods or services, whether received into a business bank account, a payment processor, or any other account controlled by the business. You agree to notify us within 7 days of receiving first revenue.
VAT is charged at the prevailing UK rate where applicable and is calculated on the invoice date, not the payment date. VAT is payable together with the deferred amount.
By digitally signing the commitment invoice, you enter into a legally binding agreement to pay the agreed amount within the specified timeframe.
Late payments incur interest at 4% above the Bank of England base rate. If an invoice remains unpaid 30 days after the due date it is treated as a default: services may be suspended, and we may refer the balance to a debt collection agency after 90 days. Reasonable recovery costs may be added.
You may cancel within 14 days of signing the commitment invoice if no services have been commenced. Once services begin, cancellation is subject to our Refund Policy and any work already delivered remains payable.
Closing, dissolving or ceasing to trade does not cancel the deferred amount for services already delivered. If your business becomes non-trading before generating revenue, contact us before the due date to agree a payment arrangement.