Their own payment-practices filing · gov.uk
How long does Invertek Drives 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
- 5 Feb 1998
- Registered office
- OFFA'S DYKE BUSINESS PARK, POWYS, SY21 8JF
Terms vs reality
Stated terms: 14–120 days. Reported average: 72.
At a glance
The key figures
Vs peers · latest reported averages
The pattern
Holding steady
Average days to pay across their last 6 statutory reports.
Where their supplier invoices land · latest period
The read · computed from their figures
Invertek Drives Limited has filed 15 statutory payment periods (earliest H1 2018). Their latest report puts the average at 72 days against stated terms of 14–120 days.
The pattern is steady — their reported average moves within about ±4 days period to period.
In the latest period 70% of invoices were paid outside their agreed terms, and 40% landed 61+ days out.
In their own words · from the filing
Standard payment terms
Our most common payment terms for goods are 30 days end of month, although a portion of our suppliers grant us terms of 60 days, and a very small number of suppliers permit longer terms. Many invoices for services are usually paid within 14 days.
Dispute resolution
Invoice discrepancies are raised with the supplier as soon as they are noted. The supplier payment run is a continuous daily process and maintain a regular dialogue with our suppliers to ensure all that discrepancies are resolved as quickly as possible.
Other information
Supplier invoices are matched to purchase orders and goods received notes. If supplier invoices cannot be perfectly matched to goods received notes then we resolve differences with the supplier before processing and paying.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2025 | 72 | 70% | 40% | 30 Jul 2025 |
| H2 2024 | 76 | 42% | 62% | 5 Jun 2025 |
| H1 2024 | 68 | 46% | 53% | 5 Jun 2025 |
| H2 2023 | 69 | 35% | 32% | 5 Jun 2025 |
| H1 2023 | 65 | 38% | 56% | 5 Jun 2025 |
| H2 2022 | 73 | 36% | 65% | 5 Jun 2025 |
| H1 2022 | 63 | 28% | 39% | 5 Jun 2025 |
| H2 2021 | 69 | 34% | 44% | 5 Jun 2025 |
| H1 2021 | 79 | 37% | 60% | 5 Jun 2025 |
| H2 2020 | 61 | 35% | 47% | 5 Jun 2025 |
| H1 2020 | 80 | 39% | 58% | 5 Jun 2025 |
| H2 2019 | 72 | 34% | 38% | 5 Jun 2025 |
| H1 2019 | 73 | 44% | 69% | 5 Jun 2025 |
| H2 2018 | 75 | 47% | 89% | 5 Jun 2025 |
| H1 2018 | 75 | 36% | 58% | 5 Jun 2025 |
Working-capital effect
What a 72-day cycle ties up
Illustrative. On a hypothetical £12k/month account, at a 72-day vs a 14-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
Are they getting slower or faster?
What's their typical pay point?
Can I see what this means for my invoices?
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Their next payment report is due ≈ 26 Jan 2026. 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-03504834 · latest period to 30 Jun 2025
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