Their own payment-practices filing · gov.uk
Sinclair International Limited paid suppliers in 54 days on average — 47 days past its stated terms
Their H1 2024 filing put the average 47 days past the 7-day term they state.
- Their stated terms
- 7 days
- Paid outside agreed terms
- 1% of invoices
- Paid after 61+ days
- 25%
- Reporting period
- 1 Jan 2024 – 30 Jun 2024
- Source
- their gov.uk filing, filed 29 Jul 2024
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2024 filing
Paid 47 days past their stated terms
Where their invoices landed · share of all invoices
The pattern · last 6 of 11 reports
Held steady around 54 days
The read · computed from their figures
Sinclair International Limited's H1 2024 filing put their average at 54 days against stated terms of 7 days; 1% of invoices were paid outside agreed terms and 25% took 61 days or longer. Filed 29 Jul 2024.
The pattern is steady — their reported average moves within about ±1 days period to period.
That is 11 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
Standard Payment terms are N31. The exceptions to this will be where the 1st of a month is not on a Friday which is the standard payment day. Result of this is a potential maximum terms taken of N37. Suppliers are notified verbally or by email of actual planned payment dates. Other exceptions include supplier negotiated terms of less or more than N31. These can vary but are agreed in collaboration with the supplier’s requirements
Dispute resolution
Payment disputes as highlighted by The Company; In the unlikely event that an incorrect payment is discovered via reconciliation controls; the company would advise the supplier verbally or by email and come to a suitable agreement of resolution Payment disputes as highlighted by the Supplier; close supplier relationships mean these can be discussed verbally or by email and if a further payment is required it will be cleared at the next earliest opportunity
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2024 | 54 | 1% | 25% | 29 Jul 2024 |
| H1 2023 | 54 | 5% | 23% | 4 Aug 2023 |
| H2 2022 | 54 | 12% | 18% | 31 Jan 2023 |
| H1 2022 | 52 | 2% | 21% | 27 Jul 2022 |
| H2 2021 | 54 | 8% | 19% | 27 Jan 2022 |
| H1 2021 | 54 | 3% | 20% | 30 Jul 2021 |
| H2 2020 | 54 | 9% | 15% | 29 Jan 2021 |
| H1 2020 | 54 | 2% | 25% | 27 Jul 2020 |
| H2 2019 | 56 | 12% | 27% | 31 Jan 2020 |
| H1 2019 | 56 | 3% | 23% | 1 Aug 2019 |
| H2 2018 | 58 | 8% | 28% | 3 Jul 2019 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 16 Sept 1991
- Registered office
- JARROLD WAY, NORWICH, NR5 9JD
Illustrative · working-capital arithmetic
What a 54-day cycle ties up
A worked example, not a finding. On a hypothetical £12k/month account, at a 54-day vs a 7-day payment cycle.
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 · Sinclair International Limited
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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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-02645817 · latest period to 30 Jun 2024
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