PAIDLATE by YORXEN public-record company checks
← New check

Their own payment-practices filing · gov.uk

Grainger & Worrall Engineering Limited paid suppliers in 101 days on average — 10 days past its stated terms

CRN 06314112 · 10 statutory reports on record · period to 30 Jun 2022

Dated record. The latest report covers a period ending 30 Jun 2022 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
101daysavg time to pay · H1 2022

Their H1 2022 filing put the average 10 days past the 91-day term they state.

Their stated terms
16–91 days
Paid outside agreed terms
66% of invoices
Paid after 61+ days
78%
Reporting period
1 Jun 2022 – 30 Jun 2022
Source
their gov.uk filing, filed 22 Dec 2022

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

Terms vs reality · their H1 2022 filing

Paid 10 days past their stated terms

The pattern · last 6 of 10 reports

60 → 101 days — slower across the window

The read · computed from their figures

Grainger & Worrall Engineering Limited's H1 2022 filing put their average at 101 days against stated terms of 16–91 days; 66% of invoices were paid outside agreed terms and 78% took 61 days or longer. Filed 22 Dec 2022.

The direction is slower: from 60 days in H2 2019 to 101 now — 41 days slower across their last 6 reports.

That is 10 statutory periods on record (earliest H2 2017) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

60 days end of month

Dispute resolution

Company deals with disputes in a fair and professional manner

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 202210166%78%22 Dec 2022
H1 20228261%77%28 Jun 2022
H2 20216439%62%23 Dec 2021
H1 20216425%60%29 Jun 2021
H1 20205419%45%30 Jun 2020
H2 2019607%47%18 Dec 2019
H1 2019595%49%28 Jun 2019
H2 20185614%40%21 Dec 2018
H1 20185537%55%29 Jun 2018
H2 20177096%83%22 Dec 2017

Illustrative · working-capital arithmetic

What a 101-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 101-day vs a 16-day payment cycle.

≈ £40,000
of invoicing outstanding at any one time on a 101-day cycle — about £33,500 more than the same account would carry at 16-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 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 · Grainger & Worrall Engineering Limited

Are they getting slower or faster?
Their reported average has moved about 41 days slower over the window (60 → 101 days).
What's their typical pay point?
Their latest filed report put the average at day 101; across their last 6 reports it ranged 54–101 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.
Share

Stay ahead

Watch Grainger & Worrall Engineering Limited (free)

They haven’t filed a payment report since 22 Dec 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.

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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-06314112 · latest period to 30 Jun 2022

Verify the original Companies House file

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