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Their own payment-practices filing · gov.uk

Global Marine Systems Limited pays suppliers in 22 days on average — inside its shortest stated term

CRN 01708481 · Construction · 15 statutory reports on record · period to 31 Dec 2025

22daysavg time to pay · H2 2025

Their H2 2025 filing puts the average 8 days inside the shortest term they state (30 days).

Faster than mostvs a 31-day median across 6,104 recent filers
Their stated terms
30–60 days
Paid outside agreed terms
1% of invoices
Paid after 61+ days
1%
Reporting period
1 Jul 2025 – 31 Dec 2025
Source
their gov.uk filing, filed 20 Jan 2026

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

Terms vs reality · their H2 2025 filing

Paid 8 days inside the 30-day term they state

The pattern · last 6 of 15 reports

48 → 22 days — getting faster

The read · computed from their figures

Global Marine Systems Limited's H2 2025 filing puts their average at 22 days against stated terms of 30–60 days; 1% of invoices were paid outside agreed terms and 1% took 61 days or longer. Filed 20 Jan 2026.

The direction is faster: from 48 days in H1 2023 to 22 now — 26 days faster across their last 6 reports.

On the latest reported averages: Faster than 88% of the 394 large companies reporting in construction.

That is 15 statutory periods on record (earliest H2 2018) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Offers e-invoicing 1% of invoices in dispute

In their own words · from the filing

Standard payment terms

60 Days

Dispute resolution

Contact the supplier direct to resolve any issues

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 2025221%1%20 Jan 2026
H1 2025261%4%30 Jul 2025
H2 2024242%6%14 Feb 2025
H1 2024262%8%24 Jul 2024
H2 2023376%20%4 Mar 2024
H1 20234810%35%4 Mar 2024
H2 20225515%40%4 Mar 2024
H1 20224111%18%4 Mar 2024
H2 2021419%23%4 Mar 2024
H1 20214219%34%4 Mar 2024
H2 2020317%14%4 Mar 2024
H1 2020268%8%4 Mar 2024
H2 2019285%6%4 Mar 2024
H1 2019264%7%4 Mar 2024
H2 20186572%28%2 Dec 2019

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
22 Mar 1983
Registered office
OCEAN HOUSE 1 WINSFORD WAY, CHELMSFORD, CM2 5PD
5 outstanding charges — secured borrowing registered Accounts due 30 Sept 2027

Open the full record at Companies House.

Quick answers · Global Marine Systems Limited

Are they getting slower or faster?
Their reported average has moved about 26 days faster over the window (48 → 22 days).
What's their typical pay point?
Their latest filed report puts the average at day 22; across their last 6 reports it ranged 22–48 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-01708481 · latest period to 31 Dec 2025

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