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Their own payment-practices filing · gov.uk

Selco Trade Centres Limited pays suppliers in 42 days on average — 12 days past its stated terms

CRN 02182671 · Wholesale & retail trade · 17 statutory reports on record · period to 30 Jun 2026

42daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 12 days past the 30-day term they state.

Slower than mostvs a 31-day median across 6,104 recent filers
Their stated terms
30 days
Paid outside agreed terms
12% of invoices
Paid after 61+ days
12%
Reporting period
1 Jan 2026 – 30 Jun 2026
Source
their gov.uk filing, filed 15 Jul 2026

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

Terms vs reality · their H1 2026 filing

Paid 12 days past their stated terms

The pattern · last 6 of 17 reports

39 → 42 days — slowing down

The read · computed from their figures

Selco Trade Centres Limited's H1 2026 filing puts their average at 42 days against stated terms of 30 days; 12% of invoices were paid outside agreed terms and 12% took 61 days or longer. Filed 15 Jul 2026.

The direction is slower: from 39 days in H2 2023 to 42 now — 3 days slower across their last 6 reports.

On the latest reported averages: Slower than 63% of the 815 large companies reporting in wholesale & retail trade.

That is 17 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Offers e-invoicing 2% of invoices in dispute

In their own words · from the filing

Standard payment terms

Standard payment terms are the supplier payment terms. Selco do not impose their own payment terms with suppliers. However, majority of stock suppliers are paid at the end of the month following the transaction. Other contracts will be payable immediately or within 7 days, in line with the suppliers standard terms. Also, there are a few supplier with 90 day payment terms

Dispute resolution

For Goods for Resale invoices, disputes are raised with the supplier within 48 hours of receiving the goods. If a copy of Delivery Note is required, this will be requested from the supplier. If there is a dispute regarding quality, these will be raised with the supplier and will be dealt with on an individual basis. For suppliers that use the distribution Centre, our partner (Unipart) also raises discrepancies with the supplier Payment continues to be made on invoices not in dispute, and only disputed invoices will be excluded from payment runs.

Other information

See above. Payment terms are set by the supplier.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20264212%12%15 Jul 2026
H2 20254213%12%26 Jan 2026
H1 20254311%13%28 Jul 2025
H2 20244212%12%5 Feb 2025
H1 20244116%13%29 Jul 2024
H2 20233926%12%29 Jan 2024
H1 20234125%15%24 Jul 2023
H2 20224012%14%27 Jan 2023
H1 20224322%16%29 Jul 2022
H2 20214313%16%26 Jan 2022
H1 20214526%22%28 Jul 2021
H2 20203815%14%27 Jan 2021
H1 20205122%29%29 Jul 2020
H2 20194713%22%29 Jan 2020
H1 20194715%23%25 Jul 2019
H2 20184920%25%29 Jan 2019
H1 20184819%24%27 Jul 2018

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
23 Oct 1987
Registered office
FIRST FLOOR, BOUNDARY HOUSE, BIRMINGHAM, B47 6LW
0 outstanding charges on the register Accounts due 30 Sept 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 42-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 42-day vs a 30-day payment cycle.

≈ £16,500
of invoicing outstanding at any one time on a 42-day cycle — about £4,700 more than the same account would carry at 30-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 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 · Selco Trade Centres Limited

Are they getting slower or faster?
Their reported average has moved about 3 days slower over the window (39 → 42 days).
What's their typical pay point?
Their latest filed report puts the average at day 42; across their last 6 reports it ranged 39–43 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-02182671 · latest period to 30 Jun 2026

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