There is no requirement on the police to send a NIP in such a case, thus no maximum time for one to be sent.
If prosecuted, the penalty for a minor accident and failing to stop is the lower end - 5-6 points and a fine.
I'd report it to the police myself - especially if there was a witness in the other car. Not doing so and hoping it'll go away could end up being a really stupid move.
EDIT : explain that you didn't notice the damage until today. That is an acceptable excuse for late reporting.
Note that in law you MUST report it within 24 hours of noticing that damage.
Edited by RobJP on 17/09/2017 at 17:59
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