Their own payment-practices filing · gov.uk

How long does Xtrac Limited take to pay its suppliers?

CRN 01825037 · Manufacturing · 12 statutory reports on record · period to 30 Sept 2023

60days

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.

Dated record. The latest report covers a period ending 30 Sept 2023 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 15 Jun 1984
Registered office: GABLES WAY, THATCHAM, RG19 4ZA

2 outstanding charges — secured borrowing registered Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 7–60 days. Reported average: 60.

Stated terms7–60d

+53 days

Reported avg60d

At a glance

The key figures

7–60d

their stated terms

52%

invoices paid outside terms

-3d

faster over the window

±2d

steady pattern

Vs peers · latest reported averages

fasterslower

Slower than 79% of the 992 large companies reporting in manufacturing.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 7d

H1 2021H2 2021H1 2022H2 2022H1 2023H2 2023

Where their supplier invoices land · latest period

within 30 days 7% 31–60 days 31% 61+ days 62%

The read · computed from their figures

Xtrac Limited has filed 12 statutory payment periods (earliest H1 2018). Their latest report puts the average at 60 days against stated terms of 7–60 days.

The direction is faster: from 63 to 60 days over the window — about 3 days faster.

In the latest period 52% of invoices were paid outside their agreed terms, and 62% landed 61+ days out.

In their own words · from the filing

Standard payment terms

For the majority of our suppliers our standard payment terms are 60 days E.O.M.

Dispute resolution

Any supplier invoice disputes are referred to our purchasing department for resolution with the supplier. A request for a credit note will be made to the supplier if appropriate.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2023	60	52%	62%	31 Oct 2023
H1 2023	63	68%	63%	28 Apr 2023
H2 2022	62	52%	62%	31 Oct 2022
H1 2022	64	59%	64%	4 Aug 2022
H2 2021	61	38%	60%	3 Aug 2022
H1 2021	63	39%	62%	30 Apr 2021
H2 2020	64	57%	67%	31 Oct 2020
H1 2020	65	62%	68%	30 Apr 2020
H2 2019	62	50%	65%	3 Jan 2020
H1 2019	61	42%	58%	3 Jan 2020
H2 2018	62	43%	63%	3 Jan 2020
H1 2018	61	44%	57%	3 Jan 2020

Working-capital effect

What a 60-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 60-day vs a 7-day payment cycle.

≈ £23,500

of invoicing outstanding at any one time on a 60-day cycle — about £20,900 more than the same account would carry at 7-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 3 days faster over the window (63 → 60 days).

What's their typical pay point?

Their latest reports average around day 60, moving within about ±2 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 Xtrac Limited (free)

Their next payment report is due ≈ 27 Apr 2024. 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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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-01825037 · latest period to 30 Sept 2023

Verify the original Companies House file

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