Their own payment-practices filing · gov.uk
How long does V.ships UK Limited take to pay its suppliers?
Self-reported figure from their statutory filing. How this is compiled.
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 16 Jun 1988
- Registered office
- 1ST FLOOR, LONDON, EC4V 6AB
Terms vs reality
Stated terms: 7–60 days. Reported average: 19.
At a glance
The key figures
Vs peers · latest reported averages
The pattern
Holding steady
Average days to pay across their last 6 statutory reports.
Where their supplier invoices land · latest period
The read · computed from their figures
V.ships UK Limited has filed 10 statutory payment periods (earliest H1 2018). Their latest report puts the average at 19 days against stated terms of 7–60 days.
The pattern is steady — their reported average moves within about ±1 days period to period.
In the latest period 75% of invoices were paid outside their agreed terms, and 1% landed 61+ days out.
In their own words · from the filing
Standard payment terms
Charges shall be as set out in the Agreement and shall remain fixed until completion of an Agreement. Except as expressly stated herein, all Charges are exclusive of VAT (if any) but are otherwise fully inclusive including without limitation: a) all royalties, licence fees or other expenses arising from the use or sub-licence (if permitted) by [Company X], any member of the [Company X] Group, their employees, sub-contractors or agents of any IPRs supplied by the Supplier for the purpose of performing an Agreement; b) carriage, insurance, packaging, duties, imposts and taxes; c) all costs and expenses of the Supplier, whether foreseen or unforeseen; d) packing, supply and, where applicable delivery, off-loading and installation; and e) in the case of Goods, delivery DDP [Company
Dispute resolution
The firm has a dedicated Finance Service Desk which is reachable by phone and email. Vendors with invoice queries need to contact this team and if the service desk team is not able to resolve they escalate the issue to the accounts payable team. The accounts payable team will reach out to the invoice contact if not clear from the system why the invoice has not been approved for payment.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2024 | 19 | 75% | 1% | 2 Aug 2024 |
| H2 2023 | 18 | 73% | 1% | 2 Aug 2024 |
| H1 2023 | 17 | 68% | 1% | 2 Aug 2024 |
| H2 2022 | 17 | 70% | 2% | 2 Aug 2024 |
| H1 2022 | 19 | 79% | 3% | 2 Aug 2024 |
| H2 2021 | 21 | 73% | 3% | 2 Aug 2024 |
| H1 2021 | 16 | 57% | 2% | 2 Aug 2024 |
| H2 2020 | 18 | 60% | 2% | 2 Aug 2024 |
| H1 2020 | 17 | 60% | 3% | 2 Aug 2024 |
| H1 2018 | 19 | 58% | 2% | 26 Jul 2018 |
Working-capital effect
What a 19-day cycle ties up
Illustrative. On a hypothetical £12k/month account, at a 19-day vs a 7-day payment cycle.
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?
What's their typical pay point?
Can I see what this means for my invoices?
Stay ahead
Watch V.ships UK Limited (free)
Their next payment report is due ≈ 26 Jan 2025. 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?
What does "paid outside agreed terms" mean?
How often is this data updated?
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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-02268506 · latest period to 30 Jun 2024
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