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Their own payment-practices filing · gov.uk

G-Tekt Europe Manufacturing Limited paid suppliers in 39 days on average — inside its 60-day stated terms

CRN 03249892 · Manufacturing · 11 statutory reports on record · period to 30 Sept 2023

Dated record. The latest report covers a period ending 30 Sept 2023 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
39daysavg time to pay · H2 2023

Their H2 2023 filing put the average 21 days inside their stated 60-day term.

Their stated terms
60 days
Paid outside agreed terms
0% of invoices
Paid after 61+ days
2%
Reporting period
1 Apr 2023 – 30 Sept 2023
Source
their gov.uk filing, filed 30 Oct 2023

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

Terms vs reality · their H2 2023 filing

Paid 21 days inside the 60-day term they state

The pattern · last 6 of 11 reports

Held steady around 39 days

The read · computed from their figures

G-Tekt Europe Manufacturing Limited's H2 2023 filing put their average at 39 days against stated terms of 60 days; 0% of invoices were paid outside agreed terms and 2% took 61 days or longer. Filed 30 Oct 2023.

The pattern is steady — their reported average moves within about ±2 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

30 days end of month following invoice date

Dispute resolution

The purchasing department helps resolve price and quantity discrepancies to the purchase order. The quality department resolves any quality issues with the vendor, normally within 30 days.

Other information

The company policy is to strictly pay suppliers according to the terms agreed and not delay payment. This is essential to operating as part of a just in time supply chain in the automotive industry, as payment delays can result in failure to supply end product to customers with financial penalties and loss of business.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 2023390%2%30 Oct 2023
H1 2023380%3%5 May 2023
H2 2022380%2%27 Oct 2022
H1 2022360%0%27 Apr 2022
H2 2021400%0%6 Oct 2021
H1 2021390%3%20 Apr 2021
H2 2020380%3%2 Oct 2020
H1 2020370%1%17 Apr 2020
H2 2019360%1%15 Oct 2019
H1 2019380%0%2 Apr 2019
H2 2018370%0%9 Oct 2018

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
16 Sept 1996
Registered office
GLOUCESTER BUSINESS PARK, GLOUCESTER, GL3 4AJ
1 outstanding charge — secured borrowing registered Accounts due 31 Dec 2026

Open the full record at Companies House.

Quick answers · G-Tekt Europe Manufacturing Limited

Are they getting slower or faster?
Their reported average was steady — within about ±2 days period to period, around 39 days.
What's their typical pay point?
Their latest reports averaged around day 39, moving within about ±2 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.
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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-03249892 · latest period to 30 Sept 2023

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