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Their own payment-practices filing · gov.uk

How long does Nifco UK Limited take to pay its suppliers?

CRN 01392769 · Manufacturing · 16 statutory reports on record · period to 31 Dec 2025

54days
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.

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
6 Oct 1978
Registered office
NIFCO HOUSE DURHAM LANE, STOCKTON-ON-TEES, TS16 0PS
0 outstanding charges on the register Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 7–60 days. Reported average: 54.

Stated terms7–60d
+47 days
Reported avg54d

At a glance

The key figures

7–60d
their stated terms
21%
invoices paid outside terms
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 67% of the 992 large companies reporting in manufacturing.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 7d
54
55
55
55
57
54
H1 2023H2 2023H1 2024H2 2024H1 2025H2 2025

Where their supplier invoices land · latest period

within 30 days 18% 31–60 days 42% 61+ days 40%

The read · computed from their figures

Nifco UK Limited has filed 16 statutory payment periods (earliest H1 2018). Their latest report puts the average at 54 days against stated terms of 7–60 days.

The pattern is steady — their reported average moves within about ±2 days period to period.

In the latest period 21% of invoices were paid outside their agreed terms, and 40% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Standard payment terms as per our terms and conditions of trade are 60 days end of month.

Dispute resolution

Any Payment disputes which arise from pricing or quantity differences are dealt with via our internal resolution process to identify the cause of the issue, this would involve the purchasing team and the warehousing team where appropriate, this would then be communicated back to the supplier concerned and resolved accordingly. Any disputes over quality of supply would be dealt with either by the purchasing team or the person responsible for procuring the goods or services directly with the supplier. In the event of disputes which cannot be resolved using or normal resolution process, or if we find ourselves at an impasse with the supplier, these disputes will be escalated through the business to the appropriate level for agreement & resolution between the two parties

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20255421%40%30 Jun 2026
H1 20255721%49%30 Jun 2026
H2 20245521%43%3 Sept 2025
H1 20245521%41%3 Sept 2025
H2 20235519%44%24 Apr 2024
H1 20235425%36%24 Apr 2024
H2 20225019%32%24 Jan 2023
H1 20225120%32%24 Jan 2023
H2 20214920%33%16 Feb 2022
H1 20215022%34%20 Jul 2021
H2 20204922%31%15 Jan 2021
H1 20205324%40%31 Jul 2020
H2 20195020%33%31 Jul 2020
H1 20195123%37%17 Jul 2019
H2 20185825%35%30 Jan 2019
H1 20185125%37%2 Aug 2018

Working-capital effect

What a 54-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 54-day vs a 7-day payment cycle.

≈ £21,500
of invoicing outstanding at any one time on a 54-day cycle — about £18,500 more than the same account would carry at 7-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 is steady — within about ±2 days period to period, around 54 days.
What's their typical pay point?
Their latest reports average around day 54, 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 Nifco UK Limited (free)

Their next payment report is due ≈ 29 Jul 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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More large companies in manufacturing

Nidec Control Techniques Limited · Nissan Motor Manufacturing (UK) Limited · Nicobrand Limited · Nmb-minebea UK Ltd · Nichols PLC · Nobia Holdings 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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-01392769 · latest period to 31 Dec 2025

Verify the original Companies House file

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