Their own payment-practices filing · gov.uk

How long does Thales Ground Transportation Systems UK Limited take to pay its suppliers?

CRN 05805963 · Professional & technical services · 6 statutory reports on record · period to 31 Dec 2020

34days

their reported average time to pay suppliers, latest period

Around averagevs a 31-day median across 6,185 recent filers

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

Dated record. The latest report covers a period ending 31 Dec 2020 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: 4 May 2006
Registered office: EIGHTH FLOOR, YY LONDON, LONDON, E14 5HX

0 outstanding charges on the register Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 0–90 days. Reported average: 34.

Stated terms0–90d

+34 days

Reported avg34d

At a glance

The key figures

0–90d

their stated terms

16%

invoices paid outside terms

-10d

faster over the window

±6d

variable pattern

Vs peers · latest reported averages

fasterslower

Slower than 58% of the 530 large companies reporting in professional & technical services.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

H1 2018H2 2018H1 2019H1 2019H1 2020H2 2020

Where their supplier invoices land · latest period

within 30 days 60% 31–60 days 31% 61+ days 9%

The read · computed from their figures

Thales Ground Transportation Systems UK Limited has filed 6 statutory payment periods (earliest H1 2018). Their latest report puts the average at 34 days against stated terms of 0–90 days.

The direction is faster: from 44 to 34 days over the window — about 10 days faster.

In the latest period 16% of invoices were paid outside their agreed terms, and 9% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Payment by Thales shall be 30 days from the end of the month in which the invoice is received.

Dispute resolution

Thales UK will endeavour to advise suppliers promptly of any disputes or reasons why an invoice will not be paid to the agreed terms. Invoices that are subject to dispute will not be paid until resolution of the dispute. Once resolved, payment will be made in accordance with the terms of the contract, this document and the UK Prompt Payment Code.

Other information

The Supplier shall submit invoices to the address stated on the Order after Delivery of the Goods or the performance of the Services. Every invoice shall include the following information: Order number and the Order item number; Goods and/or Services to which it relates; Supplier’s VAT number; Supplier’s bank account number, sort code and invoice address; invoice number; date of the invoice; name of the relevant Thales company and its full address; Delivery Address; Price and the total amount due; and any other information reasonably required by Thales. Thales may reject any invoice that does not include the information set out above. No payments shall be made until and unless the Goods and/or Services have been accepted. Thales shall be entitled to set off against the Price any sums

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2020	34	16%	9%	18 Jan 2021
H1 2020	40	46%	12%	29 Jul 2020
H1 2019	45	28%	14%	3 Feb 2020
H1 2019	45	43%	14%	24 Jul 2019
H2 2018	63	50%	22%	14 Jan 2019
H1 2018	44	38%	10%	24 Jul 2018

Working-capital effect

What a 34-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 34-day vs a 0-day payment cycle.

≈ £13,500

of invoicing outstanding at any one time on a 34-day cycle — about £13,400 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 10 days faster over the window (44 → 34 days).

What's their typical pay point?

Their latest reports average around day 34, moving within about ±6 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 Thales Ground Transportation Systems UK Limited (free)

Their next payment report is due ≈ 29 Jul 2021. 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

TH Re Administration Limited · Thames Water Limited · Tetra Tech Limited · The Babraham Institute · Teneo Strategy Limited · The Binding Site Group Limited

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-05805963 · latest period to 31 Dec 2020

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.