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Their own payment-practices filing · gov.uk

How long does Thermo Electron Limited take to pay its suppliers?

CRN 01735858 · Manufacturing · 7 statutory reports on record · period to 28 Jun 2025

33days
their reported average time to pay suppliers, latest period
Around averagevs 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
30 Jun 1983
Registered office
3RD FLOOR, 1 ASHLEY ROAD, ALTRINCHAM, WA14 2DT
0 outstanding charges on the register Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 30–120 days. Reported average: 33.

Stated terms30–120d
+3 days
Reported avg33d

At a glance

The key figures

30–120d
their stated terms
0%
invoices paid outside terms
±0d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 81% of the 992 large companies reporting in manufacturing.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 30d
32
32
33
33
33
33
H2 2022H1 2023H2 2023H1 2024H2 2024H1 2025

Where their supplier invoices land · latest period

within 30 days 71% 31–60 days 16% 61+ days 13%

The read · computed from their figures

Thermo Electron Limited has filed 7 statutory payment periods (earliest H1 2022). Their latest report puts the average at 33 days against stated terms of 30–120 days.

The pattern is steady — their reported average moves within about ±0 days period to period.

In the latest period 0% of invoices were paid outside their agreed terms, and 13% landed 61+ days out.

In their own words · from the filing

Standard payment terms

It is the company's policy to agree appropriate terms of payment with suppliers and to abide by those terms based on the timely submission of satisfactory invoices.

Dispute resolution

The company is committed to dealing with its suppliers in a fair, honest, and professional manner. We seek to resolve queries as quickly as possible to everyone's satisfaction prior to payment being made.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2025330%13%30 Jul 2025
H2 20243339%9%29 Jan 2025
H1 20243327%4%31 Jul 2024
H2 20233347%0%30 Jan 2024
H1 2023323%0%28 Jul 2023
H2 20223251%6%30 Jan 2023
H1 20223251%5%28 Jul 2022

Working-capital effect

What a 33-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 33-day vs a 30-day payment cycle.

≈ £13,000
of invoicing outstanding at any one time on a 33-day cycle — about £1,200 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 is steady — within about ±0 days period to period, around 33 days.
What's their typical pay point?
Their latest reports average around day 33, moving within about ±0 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 Thermo Electron Limited (free)

Their next payment report is due ≈ 24 Jan 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

The Symphony Group PLC · Thermo Electron Manufacturing Limited · The Stationery Office Limited · Thermo Shandon Limited · The Sandwich Factory Holdings Limited · Thompson Aero Seating 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-01735858 · latest period to 28 Jun 2025

Verify the original Companies House file

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