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Their own payment-practices filing · gov.uk

How long does W. Wing Yip & Brothers Trading Group Limited take to pay its suppliers?

CRN 03985372 · Professional & technical services · 17 statutory reports on record · period to 31 Mar 2026

31days
their reported average time to pay suppliers, latest period
Around averagevs 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
Private Limited Company
Incorporated
4 May 2000
Registered office
375 NECHELLS PARK ROAD, WEST MIDLANDS, B7 5NT
1 outstanding charge — secured borrowing registered Accounts due 30 Jun 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 1–120 days. Reported average: 31.

Stated terms1–120d
+30 days
Reported avg31d

At a glance

The key figures

1–120d
their stated terms
1%
invoices paid outside terms
-6d
faster over the window
±4d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 51% of the 530 large companies reporting in professional & technical services.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 1d
37
39
39
39
39
31
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 50% 31–60 days 49% 61+ days 1%

The read · computed from their figures

W. Wing Yip & Brothers Trading Group Limited has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 31 days against stated terms of 1–120 days.

The direction is faster: from 37 to 31 days over the window — about 6 days faster.

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

In their own words · from the filing

Standard payment terms

Our standard payment terms are 42 days unless suppliers payment terms are applied which can be longer or shorter than standard.

Dispute resolution

Invoices are matched to PO's on receipt by our Accounts Payable Team. Any invoice variances are sent to the buyer for approval. If the buyer disputes the invoice, the Accounts Payable Team e-mail the supplier with a credit request or a request for proof of delivery typically within 48 hours. Once full credit or proof of delivery has been received, the invoice and any credits are processed ready for payment. If in the meantime the invoice has become due for payment, the invoice is added to the next bacs run (weekly). If the Accounts Payable Team are unable to resolve a dispute or query, the dispute is escalated to the Group Financial Controller for resolution. Invoices not paid within 3 months of due date, are assumed to be as a result of a substantial dispute Wing Yip

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2026311%1%10 Apr 2026
H2 20253975%9%31 Oct 2025
H1 2025393%7%29 Apr 2025
H2 20243972%9%25 Oct 2024
H1 20243971%9%3 May 2024
H2 20233779%11%26 Oct 2023
H1 20234178%11%21 Apr 2023
H2 20224075%8%31 Oct 2022
H1 20224379%11%28 Apr 2022
H2 20214484%13%21 Oct 2021
H1 20214883%18%29 Apr 2021
H2 20204681%18%30 Oct 2020
H1 20204378%14%30 Apr 2020
H2 20194175%13%31 Oct 2019
H1 20194276%15%30 Apr 2019
H2 20184178%14%2 Nov 2018
H1 20184177%14%2 May 2018

Working-capital effect

What a 31-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 31-day vs a 1-day payment cycle.

≈ £12,000
of invoicing outstanding at any one time on a 31-day cycle — about £11,800 more than the same account would carry at 1-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 6 days faster over the window (37 → 31 days).
What's their typical pay point?
Their latest reports average around day 31, moving within about ±4 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 W. Wing Yip & Brothers Trading Group Limited (free)

Their next payment report is due ≈ 27 Oct 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?
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-03985372 · latest period to 31 Mar 2026

Verify the original Companies House file

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