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Their own payment-practices filing · gov.uk

How long does Micheldever Tyre Services Limited take to pay its suppliers?

CRN 01817398 · Wholesale & retail trade · 17 statutory reports on record · period to 30 Jun 2026

85days
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
18 May 1984
Registered office
MICHELDEVER STATION, HANTS, SO21 3AP
2 outstanding charges — secured borrowing registered Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 1–120 days. Reported average: 85.

Stated terms1–120d
+84 days
Reported avg85d

At a glance

The key figures

1–120d
their stated terms
4%
invoices paid outside terms
+16d
slower over the window
±6d
variable pattern

Vs peers · latest reported averages

fasterslower
Slower than 98% of the 819 large companies reporting in wholesale & retail trade.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 1d
69
77
78
89
87
85
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 6% 31–60 days 11% 61+ days 83%

The read · computed from their figures

Micheldever Tyre Services Limited has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 85 days against stated terms of 1–120 days.

The direction is slower: from 69 to 85 days over the window — about 16 days slower.

In the latest period 4% of invoices were paid outside their agreed terms, and 83% landed 61+ days out.

What they tell their suppliers

Offers e-invoicing 59% of invoices in dispute

In their own words · from the filing

Standard payment terms

Payment terms vary depending on the nature of the goods and services supplied. Terms for stock purchases range from 60 to 120 days, whilst terms for non-stock purchases and services are typically 30 days.

Dispute resolution

The Head Office Finance department for the Group handle all invoice processing, disputes or complaints, liaising with depots, warehouses and other departments to ensure timely payment/resolution

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2026854%83%28 Jul 2026
H2 2025877%85%22 Jan 2026
H1 20258910%83%30 Jul 2025
H2 20247826%72%23 Jan 2025
H1 20247728%71%9 Jul 2024
H2 20236926%73%18 Jan 2024
H1 20236827%72%31 Jul 2023
H2 20226923%77%10 Jan 2023
H1 20226720%72%27 Jul 2022
H2 20217717%85%18 May 2022
H1 20218119%87%18 May 2022
H2 20207218%84%19 Jan 2021
H1 20207326%84%27 Jul 2020
H2 20198110%88%31 Jan 2020
H1 20198114%88%31 Jul 2019
H2 20188618%85%29 Jan 2019
H1 20186919%84%9 Aug 2018

Working-capital effect

What a 85-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 85-day vs a 1-day payment cycle.

≈ £33,500
of invoicing outstanding at any one time on a 85-day cycle — about £33,100 more than the same account would carry at 1-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 16 days slower over the window (69 → 85 days).
What's their typical pay point?
Their latest reports average around day 85, moving within about ±6 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 Micheldever Tyre Services Limited (free)

Their next payment report is due ≈ 26 Jan 2027. 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 wholesale & retail trade

Michael Kors (UK) Limited · Midlands Truck & Van Limited · Michael I Holdsworth Limited · Midwich Limited · Meyer Timber Limited · Miele Company 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-01817398 · latest period to 30 Jun 2026

Verify the original Companies House file

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