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Their own payment-practices filing · gov.uk

Tripp Limited paid suppliers in 32 days on average — 25 days past its stated terms

CRN 02271587 · Wholesale & retail trade · 12 statutory reports on record · period to 20 Jan 2024

Dated record. The latest report covers a period ending 20 Jan 2024 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
32daysavg time to pay · H1 2024

Their H1 2024 filing put the average 25 days past the 7-day term they state.

Their stated terms
7 days
Paid outside agreed terms
4% of invoices
Paid after 61+ days
6%
Reporting period
23 Jul 2023 – 20 Jan 2024
Source
their gov.uk filing, filed 21 Feb 2024

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

Terms vs reality · their H1 2024 filing

Paid 25 days past their stated terms

The pattern · last 6 of 12 reports

23 → 32 days — slower across the window

The read · computed from their figures

Tripp Limited's H1 2024 filing put their average at 32 days against stated terms of 7 days; 4% of invoices were paid outside agreed terms and 6% took 61 days or longer. Filed 21 Feb 2024.

The direction is slower: from 23 days in H1 2021 to 32 now — 9 days slower across their last 6 reports.

That is 12 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

Have different payment terms for different types of contract, supplier or product

Dispute resolution

Payment disputes are looked into by the Accounts Payables team as soon as they are raised and dealt with swiftly to settle all queries as a matter of urgency.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2024324%6%21 Feb 2024
H1 2023307%4%25 Aug 2023
H1 2023282%0%24 Feb 2023
H1 2022285%1%25 Aug 2022
H1 2022606%1%28 Feb 2022
H1 2021239%0%1 Sept 2021
H1 20212310%1%4 Mar 2021
H1 2020367%20%25 Aug 2020
H1 2020322%11%25 Feb 2020
H1 2019325%15%29 Aug 2019
H1 2019467%39%25 Feb 2019
H1 201835100%26%29 Aug 2018

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
27 Jun 1988
Registered office
2-5 SAINT JOHNS SQUARE, EC1M 4DE
1 outstanding charge — secured borrowing registered Accounts due 27 Oct 2026

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 32-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 32-day vs a 7-day payment cycle.

≈ £12,500
of invoicing outstanding at any one time on a 32-day cycle — about £9,900 more than the same account would carry at 7-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 · Tripp Limited

Are they getting slower or faster?
Their reported average has moved about 9 days slower over the window (23 → 32 days).
What's their typical pay point?
Their latest filed report put the average at day 32; across their last 6 reports it ranged 23–60 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.
Share

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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-02271587 · latest period to 20 Jan 2024

Verify the original Companies House file

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