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Their own payment-practices filing · gov.uk

How long does Marwood Electrical Company Limited take to pay its suppliers?

CRN 01343397 · Wholesale & retail trade · 6 statutory reports on record · period to 31 Dec 2020

44days
their reported average time to pay suppliers, latest period
Slower than mostvs a 31-day median across 6,185 recent filers

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

Share
Dated record. The latest report covers a period ending 31 Dec 2020 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
12 Dec 1977
Registered office
VOTEC HOUSE, NEWBURY, RG14 5TN
0 outstanding charges on the register Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 31–90 days. Reported average: 44.

Stated terms31–90d
+13 days
Reported avg44d

At a glance

The key figures

31–90d
their stated terms
4%
invoices paid outside terms
+5d
slower over the window
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 68% of the 819 large companies reporting in wholesale & retail trade.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 31d
39
43
40
43
43
44
H1 2018H2 2018H1 2019H2 2019H1 2020H2 2020

Where their supplier invoices land · latest period

within 30 days 9% 31–60 days 86% 61+ days 5%

The read · computed from their figures

Marwood Electrical Company Limited has filed 6 statutory payment periods (earliest H1 2018). Their latest report puts the average at 44 days against stated terms of 31–90 days.

The direction is slower: from 39 to 44 days over the window — about 5 days slower.

In the latest period 4% of invoices were paid outside their agreed terms, and 5% landed 61+ days out.

In their own words · from the filing

Standard payment terms

We pay our suppliers in line with their payment terms. The majority of suppliers’ terms are monthly account (i.e. invoices are due for payment at the end of the month which follows the month in which they are dated). Therefore, depending on when the invoice is raised in any particular month, the standard payment period can vary from 31 to 60 days

Dispute resolution

We have an internal KPI that there should be no more than 5 price invoice queries unresolved at the end of every month. Once a price query has been identified, the supplier is notified immediately and then chased regularly during the month to ensure that the invoice can be cleared for payment in line with the agreed terms. Where a price query is resolved after the payment run has been made, then the resolved invoice (and any associated credit note) is paid on the next payment run. Invoice queries relating to the shortage or damage of goods are also notified to the supplier immediately. The invoice will then be processed for payment in line with the standard payment terms once the shortfall has been received or the faulty goods have been replaced. Where goods are received in a subsequ

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 2020444%5%20 Jan 2021
H1 2020434%5%27 Jul 2020
H2 2019433%5%27 Jan 2020
H1 2019403%3%23 Jul 2019
H2 2018435%5%29 Jan 2019
H1 2018395%5%25 Jul 2018

Working-capital effect

What a 44-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 44-day vs a 31-day payment cycle.

≈ £17,500
of invoicing outstanding at any one time on a 44-day cycle — about £5,100 more than the same account would carry at 31-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 5 days slower over the window (39 → 44 days).
What's their typical pay point?
Their latest reports average around day 44, moving within about ±2 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 Marwood Electrical Company Limited (free)

Their next payment report is due ≈ 29 Jul 2021. 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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More large companies in wholesale & retail trade

Marubeni Europe PLC · Mast-jaegermeister UK Limited · Marubeni - Komatsu Limited · Matalan Retail Ltd. · Marshall Thermo King Limited · Matchesfashion 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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-01343397 · latest period to 31 Dec 2020

Verify the original Companies House file

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