Their own payment-practices filing · gov.uk
Abaco Systems Limited paid suppliers in 53 days on average — inside its 120-day stated terms
Their H2 2021 filing put the average 67 days inside their stated 120-day term.
- Their stated terms
- 120 days
- Paid outside agreed terms
- 62% of invoices
- Paid after 61+ days
- 34%
- Reporting period
- 1 Jul 2021 – 31 Dec 2021
- Source
- their gov.uk filing, filed 28 Jan 2022
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H2 2021 filing
Paid 67 days inside the 120-day term they state
Where their invoices landed · share of all invoices
The read · computed from their figures
Abaco Systems Limited's H2 2021 filing put their average at 53 days against stated terms of 120 days; 62% of invoices were paid outside agreed terms and 34% took 61 days or longer. Filed 28 Jan 2022.
That is 2 statutory periods on record (earliest H1 2021) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
Our most frequently used standard term is 30 days
Dispute resolution
ur Accounts Payable team can dispute or reject invoices when they are deemed to not be compliant. Reasons for disputes are subject to, but not conclusive of, incorrect VAT information, incorrect billing information, or if quantities are different to what has been received or approved at the PO stage. If an invoice goes into query then accounts payable will relay this to the applicable buyer to resolve with the supplier. There is a running query list that Accounts Payable review and publish internally to ensure that invoices are resolved accordingly. If an invoice is overdue for payment, then the supplier will be expected to reach to our accounts payable division, at [email protected]. This can be escalated to the Global Accounts Payable Manager. The accounts payable team, and all
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H2 2021 | 53 | 62% | 34% | 28 Jan 2022 |
| H1 2021 | 58 | 78% | 43% | 28 Jul 2021 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 30 Jul 1987
- Registered office
- 2 NEW STAR ROAD, LEICESTER, LE4 9JD
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How UK payment reporting works
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Is this official government data?
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-02151516 · latest period to 31 Dec 2021
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