Their own payment-practices filing · gov.uk
How long does Colormatrix Europe 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
- 15 Jan 1993
- Registered office
- UNITS 9-11 UNITY GROVE, KNOWSLEY, L34 9GT
Terms vs reality
Stated terms: 0–119 days. Reported average: 23.
At a glance
The key figures
Vs peers · latest reported averages
Where their supplier invoices land · latest period
The read · computed from their figures
Colormatrix Europe Limited has filed 2 statutory payment periods (earliest H1 2021). Their latest report puts the average at 23 days against stated terms of 0–119 days.
In the latest period 0% of invoices were paid outside their agreed terms, and 4% landed 61+ days out.
What they tell their suppliers
In their own words · from the filing
Standard payment terms
The Company negotiates and agrees payment terms with its third party suppliers as part of its procurement process and as a result payment terms vary by supplier. The most common payment terms entered into during the reporting period was 30 days from date of invoice. In the reporting period, the average payment time, based on number of payments made, was 23 days. The numbers presented above include payments to affiliate companies, with a standard payment term of net 15th following month of invoice.
Dispute resolution
ColorMatrix Europe Limited has a dedicated Accounts Payable helpdesk in the event of a dispute with a supplier that offers them support through to query resolution. This query can be raised via email at [email protected]. If required, the query is then forwarded to the ColorMatrix Europe Limited contract monitor or requisitioner for further investigation.
Other information
The Company has prescheduled payment runs that are processed regularly for all approved invoices.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H2 2023 | 23 | 0% | 4% | 8 Feb 2024 |
| H1 2021 | 25 | 0% | 5% | 28 Jul 2021 |
Working-capital effect
What a 23-day cycle ties up
Illustrative. On a hypothetical £12k/month account, at a 23-day vs a 0-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
What's their typical pay point?
Can I see what this means for my invoices?
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Watch Colormatrix Europe Limited (free)
Their next payment report is due ≈ 28 Jul 2024. 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-02780189 · latest period to 31 Dec 2023
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