Their own payment-practices filing · gov.uk

S.G. Petch Limited paid suppliers in 31 days on average — within its stated 3–180 day terms

CRN 02479069 · Wholesale & retail trade · 4 statutory reports on record · period to 30 Apr 2020

Dated record. The latest report covers a period ending 30 Apr 2020 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

31daysavg time to pay · H1 2020

Their H1 2020 filing put the average 28 days past the shortest term they state (3 days), still within their 180-day upper term.

Their stated terms: 3–180 days
Paid outside agreed terms: 27% of invoices
Paid after 61+ days: 13%
Reporting period: 1 Nov 2019 – 30 Apr 2020
Source: their gov.uk filing, filed 24 Aug 2020

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

Terms vs reality · their H1 2020 filing

Paid within their stated range — 31 against 3–180 days

PAIDLATE · terms vs the clockdays to pay · 0–195

avg 31d

0 days195 days

reported avg 31 days their filed terms 3–180 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 57% 31–60 days 30% 61+ days 13%

Source: their statutory Payment Practices Report #36005, period 1 Nov 2019 – 30 Apr 2020, filed 24 Aug 2020 · gov.uk payment-practices service

S.G. Petch Limited paid within its stated range, 28 days past the shortest term. 27% of invoices still went outside agreed terms; 13% reached 61 days or more. Self-reported in their statutory H1 2020 filing.

The pattern · last 4 of 4 reports

41 → 31 days — faster across the window

PAIDLATE · the patternavg days per report

Last 4 of 4 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

10 days faster across the window. From 41 days in H2 2018 to 31 in the H1 2020 filing; the dashed line marks the 3-day term they state.

The read · computed from their figures

S.G. Petch Limited's H1 2020 filing put their average at 31 days against stated terms of 3–180 days; 27% of invoices were paid outside agreed terms and 13% took 61 days or longer. Filed 24 Aug 2020.

The direction is faster: from 41 days in H2 2018 to 31 now — 10 days faster across their last 4 reports.

That is 4 statutory periods on record (earliest H2 2018) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

Appropriate payment terms are agreed with our suppliers based on the nature of the transaction. The Company, as standard, pays its suppliers no later than the last day of the month following the month in which the invoice is agreed, subject to the receipt of statements where appropriate. Individual agreements are in place for manufacturer vehicle purchases, These can vary from 3 days from the date of registration to extended credit up to 180 days.

Dispute resolution

The Company aims to resolve disputes in a timely manner. Any queries relating to invoices are initially handled by the suppliers regular contact at the branch or Head Office. Disputes are co-ordinated by our Head Office accounts team. If the matter can not be resolved then any final decision would be made by the company Financial Director.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2020	31	27%	13%	24 Aug 2020
H2 2019	37	36%	16%	14 Nov 2019
H1 2019	29	24%	8%	24 Sept 2019
H2 2018	41	43%	17%	21 Nov 2018

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 9 Mar 1990
Registered office: MCMULLEN ROAD, COUNTY DURHAM, DL1 1XZ

11 outstanding charges — secured borrowing registered Accounts due 31 Jan 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 31-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 31-day vs a 3-day payment cycle.

≈ £12,000

of invoicing outstanding at any one time on a 31-day cycle — about £11,000 more than the same account would carry at 3-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 · S.G. Petch Limited

Are they getting slower or faster?

Their reported average has moved about 10 days faster over the window (41 → 31 days).

What's their typical pay point?

Their latest filed report put the average at day 31; across their last 4 reports it ranged 29–41 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 S.G. Petch Limited (free)

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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-02479069 · latest period to 30 Apr 2020

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