Their own payment-practices filing · gov.uk
How long does Malthurst Petroleum Limited take to pay its suppliers?
Self-reported figure from their statutory filing. How this is compiled.
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 28 May 1963
- Registered office
- 10 BRICKET ROAD, HERTFORDSHIRE, AL1 3JX
Terms vs reality
Stated terms: 14 days. Reported average: 23.
At a glance
The key figures
Vs peers · latest reported averages
Where their supplier invoices land · latest period
The read · computed from their figures
Malthurst Petroleum Limited has filed 1 statutory payment period (earliest H1 2018). Their latest report puts the average at 23 days against stated terms of 14 days.
In the latest period 13% of invoices were paid outside their agreed terms, and 2% landed 61+ days out.
In their own words · from the filing
Standard payment terms
Standard suppliers - last day of the month following the month of the date of the invoice. Fuel supply contracts (most frequently used fuel terms) - 14 days Other retail products (Lubricants, Ad Blu etc.) - 30 days from the date of invoice. Standard construction contracts - as per JCT 2011 standard terms, save that for interim payments the terms are 28 days from receipt by the company of the appropriate Valuation in respect of the interim payment properly signed off by the Quantity Surveyor. Local authority rates - paid in 10-12 month instalments. Other contracts - 30 days from the date of the invoice.
Dispute resolution
For all types of contract, the Accounts Payable department will look into any complaint immediately and will respond to confirm why payment has not been made and when payment can be expected. Disputes are usually resolved within 30 days.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2018 | 23 | 13% | 2% | 30 Apr 2018 |
Working-capital effect
What a 23-day cycle ties up
Illustrative. On a hypothetical £12k/month account, at a 23-day vs a 14-day payment cycle.
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
What's their typical pay point?
Can I see what this means for my invoices?
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Their next payment report is due ≈ 28 Oct 2018. 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?
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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-00762360 · latest period to 1 Apr 2018
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