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Their own payment-practices filing · gov.uk

Radius Systems Limited paid suppliers in 35 days on average — inside its shortest stated term

CRN 01585669 · Manufacturing · 3 statutory reports on record · period to 28 Jun 2020

Dated record. The latest report covers a period ending 28 Jun 2020 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
35daysavg time to pay · H1 2020

Their H1 2020 filing put the average 25 days inside the shortest term they state (60 days).

Their stated terms
60–90 days
Paid outside agreed terms
75% of invoices
Paid after 61+ days
11%
Reporting period
29 Dec 2019 – 28 Jun 2020
Source
their gov.uk filing, filed 23 Jul 2020

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

Terms vs reality · their H1 2020 filing

Paid 25 days inside the 60-day term they state

The pattern · last 3 of 3 reports

42 → 35 days — faster across the window

The read · computed from their figures

Radius Systems Limited's H1 2020 filing put their average at 35 days against stated terms of 60–90 days; 75% of invoices were paid outside agreed terms and 11% took 61 days or longer. Filed 23 Jul 2020.

The direction is faster: from 42 days in H1 2019 to 35 now — 7 days faster across their last 3 reports.

That is 3 statutory periods on record (earliest H1 2019) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

60 days from end of month of date of invoice

Dispute resolution

Queries from suppliers are submitted by email, post or telephone. The accounts payable team try to resolve any disputes immediately. If the issue cannot be resolved in this way it is passed to the procurement team who manage all significant supplier disputes. In the event of a more serious dispute the board of directors will engage directly with the supplier to resolve.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20203575%11%23 Jul 2020
H2 20193278%7%5 Feb 2020
H1 20194286%16%23 Oct 2019

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
14 Sept 1981
Registered office
RADIUS HOUSE BERRISTOW LANE, ALFRETON, DE55 2JJ
4 outstanding charges — secured borrowing registered Accounts due 29 Sept 2026 — overdue

Open the full record at Companies House.

Quick answers · Radius Systems Limited

Are they getting slower or faster?
Their reported average has moved about 7 days faster over the window (42 → 35 days).
What's their typical pay point?
Their latest filed report put the average at day 35; across their last 3 reports it ranged 32–42 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.
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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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-01585669 · latest period to 28 Jun 2020

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