Their own payment-practices filing · gov.uk
Grantham Motor Company Limited pays suppliers in 23 days on average — 22 days past its stated terms
Their H1 2026 filing puts the average 22 days past the 1-day term they state.
- Their stated terms
- 1 days
- Paid outside agreed terms
- 2% of invoices
- Paid after 61+ days
- 10%
- Reporting period
- 1 Mar 2026 – 31 Aug 2026
- Source
- their gov.uk filing, filed 30 Sept 2026
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2026 filing
Paid 22 days past their stated terms
Where their invoices landed · share of all invoices
The pattern · last 6 of 17 reports
35 → 23 days — getting faster
The read · computed from their figures
Grantham Motor Company Limited's H1 2026 filing puts their average at 23 days against stated terms of 1 days; 2% of invoices were paid outside agreed terms and 10% took 61 days or longer. Filed 30 Sept 2026.
The direction is faster: from 35 days in H1 2024 to 23 now — 12 days faster across their last 6 reports.
On the latest reported averages: Faster than 85% of the 815 large companies reporting in wholesale & retail trade.
That is 17 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
Manufacturer vehicle purchases are typically paid 3 days from the date of registration but can have longer payment terms depending on specific manufacturer purchase arrangements. Standard terms for other suppliers are for payment to be made on the last working day of the month following the date of receipt of the invoice, although specific terms may exist where agreed with certain suppliers.
Dispute resolution
Disputed invoices are highlighted as soon as is practicable to the supplier for resolution. We endeavour to resolve the issue as quickly as possible and would, where appropriate, escalate to Account Managers to reach a resolution. When resolved, payment is made as soon as is practicable.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 23 | 2% | 10% | 30 Sept 2026 |
| H1 2026 | 22 | 0% | 9% | 27 Mar 2026 |
| H1 2025 | 33 | 15% | 7% | 30 Sept 2025 |
| H1 2025 | 33 | 14% | 9% | 6 Jun 2025 |
| H1 2024 | 34 | 16% | 9% | 6 Jun 2025 |
| H1 2024 | 35 | 16% | 10% | 28 Mar 2024 |
| H1 2023 | 30 | 12% | 6% | 26 Sept 2023 |
| H1 2023 | 32 | 15% | 8% | 29 Mar 2023 |
| H1 2022 | 31 | 14% | 6% | 27 Sept 2022 |
| H1 2022 | 33 | 15% | 7% | 30 Mar 2022 |
| H1 2021 | 32 | 11% | 5% | 29 Sept 2021 |
| H1 2021 | 38 | 16% | 10% | 31 Mar 2021 |
| H1 2020 | 36 | 17% | 7% | 23 Sept 2020 |
| H1 2020 | 35 | 13% | 5% | 31 Mar 2020 |
| H1 2019 | 33 | 12% | 4% | 30 Sept 2019 |
| H1 2019 | 37 | 12% | 8% | 29 Mar 2019 |
| H1 2018 | 38 | 14% | 9% | 30 Sept 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 4 Apr 2003
- Registered office
- VERTU HOUSE FIFTH AVENUE BUSINESS PARK, GATESHEAD, NE11 0XA
Illustrative · working-capital arithmetic
What a 23-day cycle ties up
A worked example, not a finding. On a hypothetical £12k/month account, at a 23-day vs a 1-day payment cycle.
Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 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 · Grantham Motor Company Limited
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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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-04722957 · latest period to 31 Aug 2026
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