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Their own payment-practices filing · gov.uk

How long does Renewable Energy Systems Limited take to pay its suppliers?

CRN 01589961 · Construction · 17 statutory reports on record · period to 30 Apr 2026

82days
their reported average time to pay suppliers, latest period
Well behindvs 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
8 Oct 1981
Registered office
BEAUFORT COURT, KINGS LANGLEY, WD4 8LR
8 outstanding charges — secured borrowing registered Accounts due 31 Jul 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 82.

Stated terms30d
+52 days
Reported avg82d

At a glance

The key figures

30d
their stated terms
87%
invoices paid outside terms
+44d
slower over the window
±23d
variable pattern

Vs peers · latest reported averages

fasterslower
Slower than 99% of the 385 large companies reporting in construction.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 30d
38
40
36
44
50
82
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 19% 31–60 days 33% 61+ days 48%

The read · computed from their figures

Renewable Energy Systems Limited has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 82 days against stated terms of 30 days.

The direction is slower: from 38 to 82 days over the window — about 44 days slower.

In the latest period 87% of invoices were paid outside their agreed terms, and 48% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Renewable Energy Systems Ltd (“RES”) has standard payment terms of 30 days. If a supplier requests that RES complies with their standard terms and conditions and these contain payment terms which are different to 30 days, then, subject to Director approval, RES will adopt the supplier’s terms. There is no maximum contractual payment period within RES’s General Terms & Conditions of Purchase.

Dispute resolution

If at any time a dispute or difference arises between RES and the supplier in relation to or in connection with an accepted Purchase Order, both parties will aim to resolve the dispute through negotiation. If such dispute or difference cannot be resolved through negotiation, then either party may require the other party to give them notice in writing of the existence of such dispute or difference and at the request of either party, the same shall be referred to an Alternative Dispute Resolution (ADR) procedure as recommended to the parties.

Other information

Renewable Energy Systems Limited has undertaken a system migration during the six month period to 30 April 2026, causing temporary delays in the time taken to pay suppliers during this time. RES operates three payment runs each month and this can result in some invoices being paid later than the agreed payment period. Many of the 87% not paid within the agreed payment period is due to invoices that stated they were due for payment on presentation and as this is not practical, we do not believe it is a helpful statistic. If we were only to include those that were not paid within 30 days of receipt, this statistic would fall to 53%.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20268287%48%22 May 2026
H2 20255072%27%26 Nov 2025
H1 20254451%15%27 May 2025
H2 20243646%11%27 Nov 2024
H1 20244042%12%16 May 2024
H2 20233828%10%16 May 2024
H1 20233533%11%16 May 2024
H2 20223835%12%16 May 2024
H1 20223940%13%16 May 2024
H2 20213550%8%16 May 2024
H1 20213645%10%16 May 2024
H2 20203746%9%16 May 2024
H1 20203139%7%16 May 2024
H2 20193539%7%16 May 2024
H1 20193444%7%30 May 2019
H2 20183649%9%30 Nov 2018
H1 20183343%8%29 May 2018

Working-capital effect

What a 82-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 82-day vs a 30-day payment cycle.

≈ £32,500
of invoicing outstanding at any one time on a 82-day cycle — about £20,500 more than the same account would carry at 30-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 44 days slower over the window (38 → 82 days).
What's their typical pay point?
Their latest reports average around day 82, moving within about ±23 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 Renewable Energy Systems Limited (free)

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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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-01589961 · latest period to 30 Apr 2026

Verify the original Companies House file

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