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Their own payment-practices filing · gov.uk

How long does Diesel (London) Limited take to pay its suppliers?

CRN 03005257 · Wholesale & retail trade · 10 statutory reports on record · period to 30 Jun 2023

98days
their reported average time to pay suppliers, latest period
Well behindvs a 31-day median across 6,185 recent filers

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

Share
Dated record. The latest report covers a period ending 30 Jun 2023 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
23 Dec 1994
Registered office
6TH FLOOR, LONDON, EC2A 2AP
2 outstanding charges — secured borrowing registered Accounts due 30 Sept 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30–90 days. Reported average: 98.

Stated terms30–90d
+68 days
Reported avg98d

At a glance

The key figures

30–90d
their stated terms
9%
invoices paid outside terms
+46d
slower over the window
±10d
variable pattern

Vs peers · latest reported averages

fasterslower
Slower than 99% of the 819 large companies reporting in wholesale & retail trade.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 30d
52
75
79
91
98
98
H1 2020H2 2020H2 2021H1 2022H2 2022H1 2023

Where their supplier invoices land · latest period

within 30 days 8% 31–60 days 1% 61+ days 91%

The read · computed from their figures

Diesel (London) Limited has filed 10 statutory payment periods (earliest H1 2018). Their latest report puts the average at 98 days against stated terms of 30–90 days.

The direction is slower: from 52 to 98 days over the window — about 46 days slower.

In the latest period 9% of invoices were paid outside their agreed terms, and 91% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Standard payment terms is to request a minimum payment period of 30 days from trade suppliers, however if the supplier does not agree to those terms, we can arrange for alternative payment terms. Payment of each invoice is due to be made in accordance with the terms either by BACS transfer or if agreed with the supplier direct debit or cheque. Intercompany invoices have 90 days terms.

Dispute resolution

Suppliers will contact the accounts payable department via telephone or email. All matters are dealt with by the accounts payable department on a case by case basis, and where it is agreed that a supplier payment needs to be expedited a mutually acceptable approach to doing so will be agreed. We are fortunate to have good relationships with our suppliers.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2023989%91%20 Jul 2023
H2 20229817%90%27 Jan 2023
H1 20229123%76%28 Jul 2022
H2 20217927%66%10 Mar 2022
H2 20207568%10%10 Feb 2021
H1 20205271%24%24 Aug 2020
H2 20195461%4%27 Jan 2020
H1 20194946%28%17 Jul 2019
H2 20185054%28%21 Jan 2019
H1 20185140%30%31 Jul 2018

Working-capital effect

What a 98-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 98-day vs a 30-day payment cycle.

≈ £38,500
of invoicing outstanding at any one time on a 98-day cycle — about £26,800 more than the same account would carry at 30-day terms.

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?
Their reported average has moved about 46 days slower over the window (52 → 98 days).
What's their typical pay point?
Their latest reports average around day 98, moving within about ±10 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 Diesel (London) Limited (free)

Their next payment report is due ≈ 26 Jan 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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More large companies in wholesale & retail trade

Dick Lovett Limited · Diesel Card International Limited · Dick Lovett Companies Limited · Dingbro Limited · Dick Lovett (Specialist Cars) Limited · Direct Produce Supplies Limited

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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-03005257 · latest period to 30 Jun 2023

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