Their own payment-practices filing · gov.uk
How long does Rainham Steel Company 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
- 31 Jan 1973
- Registered office
- ORBITAL HOUSE, ROMFORD, RM1 3PJ
Terms vs reality
Stated terms: 1–90 days. Reported average: 67.
At a glance
The key figures
Vs peers · latest reported averages
The pattern
Holding steady
Average days to pay across their last 6 statutory reports.
Where their supplier invoices land · latest period
The read · computed from their figures
Rainham Steel Company Limited has filed 16 statutory payment periods (earliest H2 2018). Their latest report puts the average at 67 days against stated terms of 1–90 days.
The pattern is steady — their reported average moves within about ±2 days period to period.
In the latest period 47% of invoices were paid outside their agreed terms, and 56% landed 61+ days out.
In their own words · from the filing
Standard payment terms
Stock Purchases – 60 days after the end of month of invoice date, payment being effected on the payment run following the invoice due date Non-Stock Purchases – typically either 30 days from invoice date or 30 days after the end of month of invoice date, payment being effected on the payment run following the invoice due date Payments made to our key suppliers, of which we have established arrangements with, are sometimes made outside of the contractual period.
Dispute resolution
Stock purchases – Invoices in dispute are placed on hold and an entry in our complaints log is made by our Quality Assurance department. This department then liaises with the supplier to resolve the issue. Once resolved, accounts payable are informed and the invoice is processed on the next scheduled payment run. Non-Stock purchases – Invoices in dispute are placed on hold and the individual who placed the order raises the issue with the supplier. If a resolution cannot be reached, then the matter is referred back to accounts payable who refer the issue to the most appropriate managerial position to resolve. Once resolved, accounts payable are informed and the invoice is processed on the next scheduled payment run.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 67 | 47% | 56% | 21 Apr 2026 |
| H2 2025 | 66 | 37% | 56% | 27 Oct 2025 |
| H1 2025 | 63 | 54% | 54% | 1 May 2025 |
| H2 2024 | 63 | 58% | 56% | 1 Nov 2024 |
| H1 2024 | 63 | 48% | 57% | 30 Apr 2024 |
| H2 2023 | 68 | 46% | 48% | 26 Oct 2023 |
| H1 2023 | 56 | 44% | 40% | 17 Apr 2023 |
| H2 2022 | 56 | 82% | 37% | 18 Oct 2022 |
| H1 2022 | 57 | 77% | 39% | 19 Apr 2022 |
| H2 2021 | 57 | 79% | 38% | 7 Oct 2021 |
| H1 2021 | 57 | 77% | 41% | 20 Apr 2021 |
| H2 2020 | 57 | 90% | 41% | 13 Oct 2020 |
| H1 2020 | 60 | 85% | 47% | 14 Apr 2020 |
| H2 2019 | 61 | 89% | 54% | 17 Oct 2019 |
| H1 2019 | 57 | 84% | 42% | 17 Apr 2019 |
| H2 2018 | 60 | 89% | 42% | 22 Oct 2018 |
Working-capital effect
What a 67-day cycle ties up
Illustrative. On a hypothetical £12k/month account, at a 67-day vs a 1-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
Are they getting slower or faster?
What's their typical pay point?
Can I see what this means for my invoices?
Stay ahead
Watch Rainham Steel Company Limited (free)
Their next payment report is due ≈ 27 Oct 2026. 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-01093531 · latest period to 31 Mar 2026
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