PAIDLATE by YORXEN public-record company checks
← New check

Their own payment-practices filing · gov.uk

G.K.N. Group Services Limited paid suppliers in 40 days on average — within its stated 7–120 day terms

CRN 00462420 · Administrative & support services · 4 statutory reports on record · period to 31 Dec 2019

Dated record. The latest report covers a period ending 31 Dec 2019 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
40daysavg time to pay · H2 2019

Their H2 2019 filing put the average 33 days past the shortest term they state (7 days), still within their 120-day upper term.

Their stated terms
7–120 days
Paid outside agreed terms
40% of invoices
Paid after 61+ days
12%
Reporting period
1 Jul 2019 – 31 Dec 2019
Source
their gov.uk filing, filed 22 Jan 2020

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

Terms vs reality · their H2 2019 filing

Paid within their stated range — 40 against 7–120 days

The pattern · last 4 of 4 reports

Held steady around 40 days

The read · computed from their figures

G.K.N. Group Services Limited's H2 2019 filing put their average at 40 days against stated terms of 7–120 days; 40% of invoices were paid outside agreed terms and 12% took 61 days or longer. Filed 22 Jan 2020.

The pattern is steady — their reported average moves within about ±4 days period to period.

That is 4 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

The company’s standard terms and conditions of purchase provide that payment will be due within the terms of the issued invoice. The most frequently agreed terms are 30 days or less.

Dispute resolution

The company does not have a formal dispute resolution process. Any disputes or queries should be raised with the relevant company contact for that particular contract. Formal legal disputes are rare and there have been no formal legal disputes between the company and its suppliers in the reporting period.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20194040%12%22 Jan 2020
H1 20194545%15%30 Jul 2019
H2 20184865%17%30 Jan 2019
H1 20184273%13%30 Jul 2018

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
17 Dec 1948
Registered office
DAUCH 4TH FLOOR, LONDON, W1J 9EJ
0 outstanding charges on the register Accounts due 30 Sept 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 40-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 40-day vs a 7-day payment cycle.

≈ £16,000
of invoicing outstanding at any one time on a 40-day cycle — about £13,000 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 · G.K.N. Group Services Limited

Are they getting slower or faster?
Their reported average was steady — within about ±4 days period to period, around 40 days.
What's their typical pay point?
Their latest reports averaged around day 40, moving within about ±4 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.
Share

Stay ahead

Watch G.K.N. Group Services Limited (free)

They haven’t filed a payment report since 22 Jan 2020. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.

More large companies in administrative & support services

Freshfields Service Company · G4S Cash Centres (UK) Limited · FQ Developments Limited · G4S Cash Solutions (UK) Limited · Forum Energy Technologies (UK) Limited · G4S Facilities Management (UK) Limited

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-00462420 · latest period to 31 Dec 2019

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.