Their own payment-practices filing · gov.uk

How long does CVS Group PLC take to pay its suppliers?

CRN 06312831 · Professional & technical services · 5 statutory reports on record · period to 31 Dec 2021

35days

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 2021 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: Public Limited Company
Incorporated: 13 Jul 2007
Registered office: CVS HOUSE, DISS, IP22 4ER

0 outstanding charges on the register Accounts due 31 Dec 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 35.

Stated terms30d

+5 days

Reported avg35d

At a glance

The key figures

30d

their stated terms

39%

invoices paid outside terms

-10d

faster over the window

±5d

steady pattern

Vs peers · latest reported averages

fasterslower

Slower than 61% of the 530 large companies reporting in professional & technical services.

The pattern

Getting faster

Average days to pay across their last 5 statutory reports.

terms 30d

H2 2019H1 2020H2 2020H1 2021H2 2021

Where their supplier invoices land · latest period

within 30 days 72% 31–60 days 13% 61+ days 15%

The read · computed from their figures

CVS Group PLC has filed 5 statutory payment periods (earliest H2 2019). Their latest report puts the average at 35 days against stated terms of 30 days.

The direction is faster: from 45 to 35 days over the window — about 10 days faster.

In the latest period 39% of invoices were paid outside their agreed terms, and 15% landed 61+ days out.

In their own words · from the filing

Standard payment terms

CVS endeavours to process all payments to the suppliers of all CVS Group companies by their due date whilst at the same time making use of twice weekly payment runs to consolidate payments into batches of an efficient size. As a result of these scheduled payment runs, invoices are usually included for payment within days of becoming due.All invoices received by CVS are processed by the centralised Accounts Payable team, located at the company’s Head Office at CVS House, Owen Road, Diss, Norfolk, IP22 4ER (email: [email protected]). To maximise the prompt payment of invoices, CVS encourages all suppliers to send their invoices directly to the Accounts Payable team in order that the invoice is registered as soon as possible on the company’s accounting system and promptly sent out t

Dispute resolution

The CVS Group hasn’t published a formal dispute resolution document. However, all payment disputes for all Group companies are resolved in the same manner regardless of the size of the supplier. The company’s centralised Accounts Payable team will refer all disputed invoices to the member of staff requisitioning the goods or services for resolution. If required, the matter will be escalated within the company including involvement of Executive Directors where required. CVS endeavours to resolve all invoice disputes prior to the payment becoming due in order that no impact is made on expected payment terms.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2021	35	39%	15%	31 Jan 2022
H1 2021	38	39%	19%	27 Jul 2021
H2 2020	44	44%	17%	29 Jan 2021
H1 2020	35	43%	12%	28 Jul 2020
H2 2019	45	60%	19%	24 Jan 2020

Working-capital effect

What a 35-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 35-day vs a 30-day payment cycle.

≈ £14,000

of invoicing outstanding at any one time on a 35-day cycle — about £2,000 more than the same account would carry at 30-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 (45 → 35 days).

What's their typical pay point?

Their latest reports average around day 35, 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 CVS Group PLC (free)

Their next payment report is due ≈ 29 Jul 2022. 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

CVS (UK) Limited · CWBC Properties (Bp1) Limited · Currie & Brown UK Limited · D & B Europe Limited · Culina Group Limited · Dac Beachcroft Claims 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-06312831 · latest period to 31 Dec 2021

Verify the original Companies House file

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