Their own payment-practices filing · gov.uk
Centre for Process Innovation Limited paid suppliers in 22 days on average — inside its shortest stated term
Their H2 2024 filing put the average 8 days inside the shortest term they state (30 days).
- Their stated terms
- 30–60 days
- Paid outside agreed terms
- 11% of invoices
- Paid after 61+ days
- 1%
- Reporting period
- 1 Apr 2024 – 30 Sept 2024
- Source
- their gov.uk filing, filed 1 Nov 2024
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H2 2024 filing
Paid 8 days inside the 30-day term they state
Where their invoices landed · share of all invoices
The pattern · last 6 of 6 reports
28 → 22 days — faster across the window
The read · computed from their figures
Centre for Process Innovation Limited's H2 2024 filing put their average at 22 days against stated terms of 30–60 days; 11% of invoices were paid outside agreed terms and 1% took 61 days or longer. Filed 1 Nov 2024.
The direction is faster: from 28 days in H2 2018 to 22 now — 6 days faster across their last 6 reports.
That is 6 statutory periods on record (earliest H2 2018) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
Unless agreed to the contrary (see Standard payment terms section below,) that our standard payment period is typically In accordance with Regulation 113 of the Procurement Contract Regulations 2015, where we strive to make payments to our suppliers no later than 30 days following our validation of undisputed invoices that we have received. By validation we mean that we have checked that it is a genuine invoice from a genuine supplier and we have received the goods or services to which it relates, or that it relates to an advance milestone payment which was agreed when the contract was awarded. For customers, 30 days standard, 60 days for some individually agreed customers, any agreement of payment terms > 30 days are approved by management and are based upon proven payment history.
Dispute resolution
Our finance and procurement departments will investigate and provide details in relation to any disputes or concerns, if necessary we can liaise with individual employees/departments to which an order relates to help to resolve disputes or issues
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H2 2024 | 22 | 11% | 1% | 1 Nov 2024 |
| H1 2024 | 22 | 16% | 5% | 15 Jul 2024 |
| H1 2020 | 26 | 21% | 3% | 5 Jun 2020 |
| H2 2019 | 24 | 20% | 2% | 3 Oct 2019 |
| H1 2019 | 28 | 24% | 5% | 23 Apr 2019 |
| H2 2018 | 28 | 23% | 5% | 22 Oct 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
- Incorporated
- 23 Dec 2003
- Registered office
- WILTON CENTRE, REDCAR, TS10 4RF
Quick answers · Centre for Process Innovation Limited
Are they getting slower or faster?
What's their typical pay point?
Can I see what this means for my invoices?
Stay ahead
Watch Centre for Process Innovation Limited (free)
They haven’t filed a payment report since 1 Nov 2024. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.
You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.
More large companies in professional & technical services
Centaur Services Limited · Centrica Services Limited · Celltech R&D Limited · Ceres Power Limited · Cell Therapy Catapult Limited · CGG Services (UK) Limited
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-05002194 · latest period to 30 Sept 2024
Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.