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Their own payment-practices filing · gov.uk

How long does Park Garage Group PLC take to pay its suppliers?

CRN 03497029 · Wholesale & retail trade · 5 statutory reports on record · period to 30 Jun 2026

29days
their reported average time to pay suppliers, latest period
Faster than mostvs a 31-day median across 6,185 recent filers

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

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On the public register · Companies House

Company record

Status
Active
Type
Public Limited Company
Incorporated
16 Jan 1998
Registered office
96 PARK LANE, CROYDON, CR0 1JB
14 outstanding charges — secured borrowing registered Accounts due 31 Dec 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 7–47 days. Reported average: 29.

Stated terms7–47d
+22 days
Reported avg29d

At a glance

The key figures

7–47d
their stated terms
0%
invoices paid outside terms
±0d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 73% of the 819 large companies reporting in wholesale & retail trade.

The pattern

Holding steady

Average days to pay across their last 5 statutory reports.

terms 7d
28
29
29
29
29
H1 2017H1 2024H2 2024H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 53% 31–60 days 46% 61+ days 1%

The read · computed from their figures

Park Garage Group PLC has filed 5 statutory payment periods (earliest H1 2017). Their latest report puts the average at 29 days against stated terms of 7–47 days.

The pattern is steady — their reported average moves within about ±0 days period to period.

In the latest period 0% of invoices were paid outside their agreed terms, and 1% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Payment terms are agreed upon with each supplier based on contractual agreements. The standard payment term is 30 days from the invoice date. However, shorter payment terms, such as 7 days or same-day payment, may be applied for small or critical suppliers where required. Major suppliers typically operate under predefined payment agreements, with payment periods extending up to 47 days, and payments are generally made through direct debit for 47 days

Dispute resolution

Any discrepancies or disputes identified during invoice processing are addressed promptly upon receipt. The occurrence of such issues is minimized using a Purchase Order (PO) system, which ensures that goods, services, and job references are accurately matched with the corresponding invoices. If any discrepancies are detected, suppliers are contacted immediately, and the issues are resolved efficiently to ensure timely payment and maintain strong supplier relationships.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2026290%1%31 Jul 2026
H2 2025290%0%27 Jan 2026
H2 2024290%0%27 Jan 2025
H1 2024290%1%2 Dec 2024
H1 2017280%0%28 Feb 2018

Working-capital effect

What a 29-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 29-day vs a 7-day payment cycle.

≈ £11,500
of invoicing outstanding at any one time on a 29-day cycle — about £8,700 more than the same account would carry at 7-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 is steady — within about ±0 days period to period, around 29 days.
What's their typical pay point?
Their latest reports average around day 29, moving within about ±0 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 Park Garage Group PLC (free)

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More large companies in wholesale & retail trade

Parfums Christian Dior(u.k.)limited · Park's (Ayr) Limited · Papier-mettler UK Limited · Park's of Hamilton (Townhead Garage) Limited · Panfoods Co., Limited · Parkway Derby 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-03497029 · latest period to 30 Jun 2026

Verify the original Companies House file

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