Their own payment-practices filing · gov.uk
Close Brothers Vehicle Hire Limited pays suppliers in 43 days on average — inside its 60-day stated terms
Their H1 2026 filing puts the average 17 days inside their stated 60-day term.
- Their stated terms
- 60 days
- Paid outside agreed terms
- 9% of invoices
- Paid after 61+ days
- 5%
- Reporting period
- 1 Feb 2026 – 31 Jul 2026
- Source
- their gov.uk filing, filed 30 Aug 2026
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2026 filing
Paid 17 days inside the 60-day term they state
Where their invoices landed · share of all invoices
The pattern · last 6 of 16 reports
46 → 43 days — getting faster
The read · computed from their figures
Close Brothers Vehicle Hire Limited's H1 2026 filing puts their average at 43 days against stated terms of 60 days; 9% of invoices were paid outside agreed terms and 5% took 61 days or longer. Filed 30 Aug 2026.
The direction is faster: from 46 days in H1 2024 to 43 now — 3 days faster across their last 6 reports.
On the latest reported averages: Slower than 74% of the 245 large companies reporting in transport & storage.
That is 16 statutory periods on record (earliest H1 2019) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
Close Brothers Vehicle Hire Limited agrees appropriate terms of payment with suppliers for each transaction or series of transactions, and abides by those terms based on the timely submission of valid invoices. In the absence of agreed terms with a supplier, the Group’s policy is to pay within 60 days of receipt of a valid invoice. The most frequently agreed term with suppliers is 60 days from receipt of a valid invoice.
Dispute resolution
Close Brothers Vehicle Hire Limited and the supplier will first attempt to resolve any dispute by referring it for formal discussion between Close Brothers Vehicle Hire Limited’s authorised representative and the supplier (both acting reasonably and in good faith). If Close Brothers Vehicle Hire Limited’s authorised representative and the supplier are for any reason unable to resolve the dispute within 14 days of the date of its referral to them, the dispute may be referred to court by either Close Brothers Vehicle Hire Limited or the supplier.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 43 | 9% | 5% | 30 Aug 2026 |
| H1 2026 | 44 | 13% | 7% | 2 Mar 2026 |
| H1 2025 | 44 | 11% | 5% | 29 Aug 2025 |
| H1 2025 | 46 | 16% | 9% | 28 Feb 2025 |
| H1 2024 | 44 | 13% | 7% | 29 Aug 2024 |
| H1 2024 | 46 | 16% | 10% | 27 Feb 2024 |
| H1 2023 | 44 | 14% | 7% | 29 Aug 2023 |
| H1 2023 | 46 | 20% | 10% | 28 Feb 2023 |
| H1 2022 | 45 | 15% | 7% | 26 Aug 2022 |
| H1 2022 | 49 | 28% | 16% | 2 Mar 2022 |
| H1 2021 | 47 | 37% | 12% | 26 Aug 2021 |
| H1 2021 | 49 | 48% | 17% | 26 Feb 2021 |
| H1 2020 | 47 | 43% | 11% | 28 Aug 2020 |
| H1 2020 | 46 | 37% | 11% | 27 Feb 2020 |
| H1 2019 | 43 | 32% | 7% | 29 Aug 2019 |
| H1 2019 | 41 | 16% | 7% | 28 Feb 2019 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 1 Aug 2001
- Registered office
- LOWS LANE, ILKESTON, DE7 4QU
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How UK payment reporting works
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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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-04263175 · latest period to 31 Jul 2026
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