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Their own payment-practices filing · gov.uk

How long does Centre for Process Innovation Limited take to pay its suppliers?

CRN 05002194 · Professional & technical services · 6 statutory reports on record · period to 30 Sept 2024

22days
their reported average time to pay suppliers, latest period
Faster than mostvs a 31-day median across 6,185 recent filers

Self-reported figure from their statutory filing. How this is compiled.

Share
Dated record. The latest report covers a period ending 30 Sept 2024 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

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
5 outstanding charges — secured borrowing registered Accounts due 31 Dec 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 30–60 days. Reported average: 22.

Stated terms30–60d
-8 days
Reported avg22d

At a glance

The key figures

30–60d
their stated terms
11%
invoices paid outside terms
-6d
faster over the window
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 76% 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 30d
28
28
24
26
22
22
H2 2018H1 2019H2 2019H1 2020H1 2024H2 2024

Where their supplier invoices land · latest period

within 30 days 89% 31–60 days 10% 61+ days 1%

The read · computed from their figures

Centre for Process Innovation Limited has filed 6 statutory payment periods (earliest H2 2018). Their latest report puts the average at 22 days against stated terms of 30–60 days.

The direction is faster: from 28 to 22 days over the window — about 6 days faster.

In the latest period 11% of invoices were paid outside their agreed terms, and 1% landed 61+ days out.

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.

PeriodAvg daysOutside terms61+ daysFiled
H2 20242211%1%1 Nov 2024
H1 20242216%5%15 Jul 2024
H1 20202621%3%5 Jun 2020
H2 20192420%2%3 Oct 2019
H1 20192824%5%23 Apr 2019
H2 20182823%5%22 Oct 2018

Quick answers

Are they getting slower or faster?
Their reported average has moved about 6 days faster over the window (28 → 22 days).
What's their typical pay point?
Their latest reports average around day 22, moving within about ±2 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 Centre for Process Innovation Limited (free)

Their next payment report is due ≈ 28 Apr 2025. 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-05002194 · latest period to 30 Sept 2024

Verify the original Companies House file

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