Their own payment-practices filing · gov.uk

Truck-Lite Europe Limited paid suppliers in 71 days on average — 64 days past its stated terms

CRN 00195431 · Manufacturing · 3 statutory reports on record · period to 30 Jun 2019

Dated record. The latest report covers a period ending 30 Jun 2019 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

71daysavg time to pay · H1 2019

Their H1 2019 filing put the average 64 days past the 7-day term they state.

Their stated terms: 7 days
Paid outside agreed terms: 22% of invoices
Paid after 61+ days: 60%
Reporting period: 1 Jan 2019 – 30 Jun 2019
Source: their gov.uk filing, filed 31 Jul 2019

Self-reported figures from their statutory filing. How this is compiled.

Terms vs reality · their H1 2019 filing

Paid 64 days past their stated terms

PAIDLATE · terms vs the clockdays to pay · 0–80

avg 71d

0 days80 days

reported avg 71 days their filed terms 7 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 10% 31–60 days 30% 61+ days 60%

Source: their statutory Payment Practices Report #20680, period 1 Jan 2019 – 30 Jun 2019, filed 31 Jul 2019 · gov.uk payment-practices service

Truck-Lite Europe Limited paid 64 days past its own stated terms. 22% of invoices still went outside agreed terms; 60% reached 61 days or more. Self-reported in their statutory H1 2019 filing.

The pattern · last 3 of 3 reports

63 → 71 days — slower across the window

PAIDLATE · the patternavg days per report

Last 3 of 3 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

8 days slower across the window. From 63 days in H1 2018 to 71 in the H1 2019 filing; the dashed line marks the 7-day term they state.

The read · computed from their figures

Truck-Lite Europe Limited's H1 2019 filing put their average at 71 days against stated terms of 7 days; 22% of invoices were paid outside agreed terms and 60% took 61 days or longer. Filed 31 Jul 2019.

The direction is slower: from 63 days in H1 2018 to 71 now — 8 days slower across their last 3 reports.

That is 3 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

Our standard payment terms for goods and services is 60 days from invoice date, unless specifically negotiated otherwise with the supplier. Vehicle leasing, communications, employment agencies, freight and other leasing companies may be paid earlier dependent on their payment terms and payment methods.

Dispute resolution

The complaint or dispute will be dealt with by the payable processing team at Truck-Lite Europe Ltd Harlow. They aim to respond to your query in 3 working days. Contact details for the payable processing team are via e-mail; [email protected] or via telephone on 01279 406406. On receipt of a dispute the payable processing team will seek resolution from relevant departments and update the supplier accordingly. Invoices should be sent via e-mail to [email protected] or via post Truck-Lite Europe Ltd, Barrows Road, Harlow, Essex CM19 5FA.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2019	71	22%	60%	31 Jul 2019
H2 2018	68	16%	58%	25 Jan 2019
H1 2018	63	17%	49%	30 Jul 2018

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 31 Jan 1924
Registered office: BARROWS ROAD, ESSEX, CM19 5FA

2 outstanding charges — secured borrowing registered Accounts due 30 Sept 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 71-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 71-day vs a 7-day payment cycle.

≈ £28,000

of invoicing outstanding at any one time on a 71-day cycle — about £25,200 more than the same account would carry at 7-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers · Truck-Lite Europe Limited

Are they getting slower or faster?

Their reported average has moved about 8 days slower over the window (63 → 71 days).

What's their typical pay point?

Their latest filed report put the average at day 71; across their last 3 reports it ranged 63–71 days. Treat that as a historical reference point, not a promise for a new invoice.

Can I see what this means for my invoices?

Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch Truck-Lite Europe Limited (free)

They haven’t filed a payment report since 31 Jul 2019. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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How UK payment reporting works

What is a Payment Practices Report?

UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.

What does "paid outside agreed terms" mean?

The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.

How often is this data updated?

Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.

Is this official government data?

The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-00195431 · latest period to 30 Jun 2019

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