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Their own payment-practices filing · gov.uk

How long does Technip UK Limited take to pay its suppliers?

CRN 00200086 · Mining & quarrying · 17 statutory reports on record · period to 30 Jun 2026

61days
their reported average time to pay suppliers, latest period
Well behindvs a 31-day median across 6,185 recent filers

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

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
27 Aug 1924
Registered office
HADRIAN HOUSE, NEWCASTLE UPON TYNE, NE6 3PL
15 outstanding charges — secured borrowing registered Accounts due 30 Sept 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 7–90 days. Reported average: 61.

Stated terms7–90d
+54 days
Reported avg61d

At a glance

The key figures

7–90d
their stated terms
33%
invoices paid outside terms
-17d
faster over the window
±5d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 90% of the 100 large companies reporting in mining & quarrying.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 7d
78
73
70
70
62
61
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 27% 31–60 days 29% 61+ days 44%

The read · computed from their figures

Technip UK Limited has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 61 days against stated terms of 7–90 days.

The direction is faster: from 78 to 61 days over the window — about 17 days faster.

In the latest period 33% of invoices were paid outside their agreed terms, and 44% landed 61+ days out.

What they tell their suppliers

Offers e-invoicing Offers supply-chain finance 1% of invoices in dispute

In their own words · from the filing

Standard payment terms

Unless otherwise specified in the purchase order or agreed by contract all payments shall be made electronically within 90 days after the end of the month in which a correct, fully documented, and approved invoice that satisfies the requirements in this Article was received.

Dispute resolution

Invoices and payments are managed by the Accounts Payable team. Any received without a valid purchase order reference will be returned to the supplier. Invoice payment enquires are mostly managed through an Account Payable Helpdesk email system or may be initiated by telephone. Any enquiries regarding payment that cannot be answered directly will be referred to the relevant buyer or requestor in the company to answer or take follow up action to resolve. Standard subcontract terms and conditions on disputes Terms of payment “If Purchaser fails to pay any amount due and payable hereunder by the stipulated date, Supplier shall notify Purchaser of such failure. In the event Purchaser fails to pay or otherwise dispute such amount within 30 Days after receipt of such notice, and as sol

Other information

The company offers an e-invoicing self-service option for suppliers to use Oracle iSupplier to facilitate invoice[TM1.1] submission and tracking which can assist in ensuring payment being made to agreed terms.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20266133%44%7 Aug 2026
H2 20256230%42%11 Feb 2026
H1 20257035%56%19 Aug 2025
H2 20247040%58%24 Feb 2025
H1 20247332%54%1 Aug 2024
H2 20237829%57%14 Feb 2024
H1 20237635%59%31 Jul 2023
H2 202212137%59%10 Feb 2023
H1 20226630%48%22 Jul 2022
H2 20215939%39%10 Feb 2022
H1 20214967%21%12 Aug 2021
H2 20203733%10%9 Feb 2021
H1 20203940%10%20 Jul 2020
H2 20194030%10%29 Jan 2020
H1 20193626%8%29 Jul 2019
H2 20183423%7%4 Feb 2019
H1 20183734%10%30 Jul 2018

Working-capital effect

What a 61-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 61-day vs a 7-day payment cycle.

≈ £24,000
of invoicing outstanding at any one time on a 61-day cycle — about £21,300 more than the same account would carry at 7-day terms.

Late Payment Act. The Late Payment of Commercial Debts Act 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

Are they getting slower or faster?
Their reported average has moved about 17 days faster over the window (78 → 61 days).
What's their typical pay point?
Their latest reports average around day 61, moving within about ±5 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 Technip UK Limited (free)

Their next payment report is due ≈ 26 Jan 2027. 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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-00200086 · latest period to 30 Jun 2026

Verify the original Companies House file

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