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Their own payment-practices filing · gov.uk

How long does Proto Labs, Limited take to pay its suppliers?

CRN 05366160 · Manufacturing · 10 statutory reports on record · period to 31 Dec 2023

54days
their reported average time to pay suppliers, latest period
Well behindvs 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 31 Dec 2023 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
Private Limited Company
Incorporated
16 Feb 2005
Registered office
PROTO LABS, TELFORD, TF7 4QN
0 outstanding charges on the register Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 0–60 days. Reported average: 54.

Stated terms0–60d
+54 days
Reported avg54d

At a glance

The key figures

0–60d
their stated terms
76%
invoices paid outside terms
+4d
slower over the window
±5d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 67% of the 992 large companies reporting in manufacturing.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

50
52
52
60
61
54
H1 2021H2 2021H1 2022H2 2022H1 2023H2 2023

Where their supplier invoices land · latest period

within 30 days 13% 31–60 days 47% 61+ days 40%

The read · computed from their figures

Proto Labs, Limited has filed 10 statutory payment periods (earliest H1 2018). Their latest report puts the average at 54 days against stated terms of 0–60 days.

The direction is slower: from 50 to 54 days over the window — about 4 days slower.

In the latest period 76% of invoices were paid outside their agreed terms, and 40% landed 61+ days out.

In their own words · from the filing

Standard payment terms

STANDARD TERMS ARE 30 DAYS END OF MONTH, 30 DAYS END OF MONTH 63% 60 DAYS END OF MONTH 16% NET 30 DAYS 14% OTHER 6%

Dispute resolution

INVOICES WHICH DO NOT MATCH THE PURCHASE ORDER RAISED ARE LOGGED ON A QUERY REGISTER BY THE PURCHASE LEDGER CLERK. DEPENDANT ON QUERY, THIS IS INVESTIGATED INTERNALLY FIRST TO CHECK PRICE DIFFERENCES AND QUANTITIES PURCHASED OR RECIEVED. IF WE ARE UNABLE TO RESOLVE INTERNALLY, WE PUSH THE INVOICE BACK TO THE SUPPLIER DETAILING THE DISPUTE FOR PROCESSING THIS COMMUNICATION IS LOGGED AND RECORDED IN THE QUERY REGISTER. THE QUERY REGISTER IS REVIEWED WEEKLY AND CHASED UP WHERE NECESSARY MAJORITY OF DISPUTES ARE CLEARED UP BEFORE THE MONTH END.

Other information

MAJORITY OF TERMS ARE END OF MONTH RATHER THAN NET DAYS OF INVOICE DATE

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20235476%40%30 Jan 2024
H1 20236165%39%20 Jul 2023
H2 20226064%45%19 Jan 2023
H1 20225263%32%22 Jul 2022
H2 20215256%30%26 Jan 2022
H1 20215047%27%19 Jul 2021
H2 20204026%12%11 Feb 2021
H1 20195038%28%26 Jul 2019
H2 20185377%29%6 Mar 2019
H1 20184844%25%24 Jul 2018

Working-capital effect

What a 54-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 54-day vs a 0-day payment cycle.

≈ £21,500
of invoicing outstanding at any one time on a 54-day cycle — about £21,300 more than the same account would carry at 0-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 4 days slower over the window (50 → 54 days).
What's their typical pay point?
Their latest reports average around day 54, moving within about ±5 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 Proto Labs, Limited (free)

Their next payment report is due ≈ 28 Jul 2024. 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-05366160 · latest period to 31 Dec 2023

Verify the original Companies House file

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