Their own payment-practices filing · gov.uk
Wernick Hire Limited pays suppliers in 64 days on average — within its stated 60–90 day terms
Their H1 2026 filing puts the average 4 days past the shortest term they state (60 days), still within their 90-day upper term.
- Their stated terms
- 60–90 days
- Paid outside agreed terms
- 0% of invoices
- Paid after 61+ days
- 16%
- Reporting period
- 1 Jan 2026 – 30 Jun 2026
- Source
- their gov.uk filing, filed 4 Aug 2026
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2026 filing
Paid within their stated range — 64 against 60–90 days
Where their invoices landed · share of all invoices
The pattern · last 6 of 17 reports
59 → 64 days — slowing down
The read · computed from their figures
Wernick Hire Limited's H1 2026 filing puts their average at 64 days against stated terms of 60–90 days; 0% of invoices were paid outside agreed terms and 16% took 61 days or longer. Filed 4 Aug 2026.
The direction is slower: from 59 days in H2 2023 to 64 now — 5 days slower across their last 6 reports.
On the latest reported averages: Slower than 95% of the 145 large companies reporting in accommodation & food.
That is 17 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
Standard payment terms are within 60 days end of month following date of invoice.
Dispute resolution
Wernick Hire Limited takes a pragmatic approach to resolving disputes with suppliers by following a set resolution/escalation process. Queries are initially dealt with by members of the Accounts Payable and Credit Control teams. If a satisfactory agreement is not reached, it is then passed on to members of the Senior Management team to assist. In the unlikely event that a successful resolution has not been attained by this stage, the matter is then referred to the Executive Management Team for conclusion.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 64 | 0% | 16% | 4 Aug 2026 |
| H2 2025 | 67 | 0% | 19% | 29 Jan 2026 |
| H1 2025 | 65 | 0% | 18% | 30 Jul 2025 |
| H2 2024 | 64 | 0% | 16% | 29 Jan 2025 |
| H1 2024 | 61 | 3% | 10% | 19 Jul 2024 |
| H2 2023 | 59 | 2% | 10% | 30 Jan 2024 |
| H1 2023 | 58 | 2% | 8% | 24 Jul 2023 |
| H2 2022 | 58 | 3% | 8% | 25 Jan 2023 |
| H1 2022 | 58 | 3% | 10% | 27 Jul 2022 |
| H2 2021 | 58 | 3% | 7% | 31 Jan 2022 |
| H1 2021 | 58 | 3% | 10% | 30 Jul 2021 |
| H2 2020 | 63 | 3% | 6% | 27 Jan 2021 |
| H1 2020 | 59 | 3% | 3% | 31 Jul 2020 |
| H2 2019 | 58 | 3% | 4% | 31 Jan 2020 |
| H1 2019 | 56 | 3% | 3% | 18 Jul 2019 |
| H2 2018 | 62 | 4% | 4% | 29 Jan 2019 |
| H1 2018 | 55 | 3% | 3% | 17 Jul 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 29 Jul 1959
- Registered office
- MOLINEUX HOUSE, WICKFORD, SS11 8QG
Illustrative · working-capital arithmetic
What a 64-day cycle ties up
A worked example, not a finding. On a hypothetical £12k/month account, at a 64-day vs a 60-day payment cycle.
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 · Wernick Hire Limited
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More large companies in accommodation & food
Warwick Independent Schools Foundation · Westbridge Foods Limited · Wagamama Limited · Westminster Bridge Hotel Operator Limited · W. & G. Harrison Limited · Whitbread Group PLC
How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
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-00633778 · latest period to 30 Jun 2026
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