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Their own payment-practices filing · gov.uk

How long does Zenith Vehicle Contracts Limited take to pay its suppliers?

CRN 02267701 · Administrative & support services · 6 statutory reports on record · period to 31 Mar 2023

46days
their reported average time to pay suppliers, latest period
Slower than mostvs a 31-day median across 6,185 recent filers

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

Share
Dated record. The latest report covers a period ending 31 Mar 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 1988
Registered office
NUMBER ONE, KIRKSTALL FORGE, LS5 3BF
7 outstanding charges — secured borrowing registered Accounts due 31 Dec 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 1–60 days. Reported average: 46.

Stated terms1–60d
+45 days
Reported avg46d

At a glance

The key figures

1–60d
their stated terms
8%
invoices paid outside terms
+9d
slower over the window
±5d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 84% of the 608 large companies reporting in administrative & support services.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 1d
37
37
37
41
42
46
H2 2019H1 2020H1 2021H1 2021H1 2022H1 2023

Where their supplier invoices land · latest period

within 30 days 18% 31–60 days 78% 61+ days 4%

The read · computed from their figures

Zenith Vehicle Contracts Limited has filed 6 statutory payment periods (earliest H2 2019). Their latest report puts the average at 46 days against stated terms of 1–60 days.

The direction is slower: from 37 to 46 days over the window — about 9 days slower.

In the latest period 8% of invoices were paid outside their agreed terms, and 4% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Standard payment terms are 14 working days for the procurement of vehicles, the last working day of the following month for other vehicle related payments. Other procurements range 1 day to 60 days from invoice date in accordance with the relevant purchase order.

Dispute resolution

We have a dedicated accounts payable team that offers support and advice to our suppliers on payment practices and query resolution. Our team work in close collaboration with other key stakeholders in the business and are available between 8.45am and 5.30pm either by telephone or email. We aim to resolve all queries received from Suppliers within 48 hours and are able to make same day payments where invoices are received late or disputes are resolved.

Other information

Invoice Receipt Date We are currently unable to report on the date of receipt of invoices in this report. We have reported on the date of the invoice itself, as we consider this the most justifiable alternative. All invoices are paid to term unless they are in query but will be paid immediately on resolution of query.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2023468%4%28 Apr 2023
H1 2022425%2%17 Aug 2022
H1 2021417%3%24 Aug 2021
H1 2021379%4%14 May 2021
H1 2020372%2%15 Jun 2020
H2 2019372%1%3 Jan 2020

Working-capital effect

What a 46-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 46-day vs a 1-day payment cycle.

≈ £18,000
of invoicing outstanding at any one time on a 46-day cycle — about £17,700 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 9 days slower over the window (37 → 46 days).
What's their typical pay point?
Their latest reports average around day 46, moving within about ±5 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 Zenith Vehicle Contracts Limited (free)

Their next payment report is due ≈ 27 Oct 2023. 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-02267701 · latest period to 31 Mar 2023

Verify the original Companies House file

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