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Their own payment-practices filing · gov.uk

How long does Schueco UK Limited take to pay its suppliers?

CRN 07048715 · Wholesale & retail trade · 11 statutory reports on record · period to 30 Jun 2023

62days
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 30 Jun 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
19 Oct 2009
Registered office
WHITEHALL AVENUE, MILTON KEYNES, MK10 0AL
0 outstanding charges on the register Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 30–90 days. Reported average: 62.

Stated terms30–90d
+32 days
Reported avg62d

At a glance

The key figures

30–90d
their stated terms
24%
invoices paid outside terms
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 91% of the 819 large companies reporting in wholesale & retail trade.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 30d
61
62
65
65
62
62
H2 2020H1 2021H2 2021H1 2022H2 2022H1 2023

Where their supplier invoices land · latest period

within 30 days 22% 31–60 days 24% 61+ days 55%

The read · computed from their figures

Schueco UK Limited has filed 11 statutory payment periods (earliest H1 2018). Their latest report puts the average at 62 days against stated terms of 30–90 days.

The pattern is steady — their reported average moves within about ±2 days period to period.

In the latest period 24% of invoices were paid outside their agreed terms, and 55% landed 61+ days out.

In their own words · from the filing

Standard payment terms

We have 90 day terms with our largest supplier (our parent company). Most other suppliers used have 30 day terms.

Dispute resolution

Disputes arising from product quality are managed by our operations department who are responsible for all supplier relations. Procurement focus on a collaborative agreement approach to solve any issues.

Other information

Payment terms vary with small suppliers. The bulk of our purchases are from our parent company with whom we have 90 day terms.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20236224%55%31 Jul 2023
H2 20226220%56%31 Jan 2023
H1 20226517%60%29 Jul 2022
H2 20216516%60%31 Jan 2022
H1 2021628%56%28 Jul 2021
H2 2020616%53%29 Jan 2021
H1 20206618%60%27 Jul 2020
H2 20196112%55%30 Jan 2020
H1 20195613%53%29 Jul 2019
H2 20185224%48%30 Jan 2019
H1 20185328%50%2 Aug 2018

Working-capital effect

What a 62-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 62-day vs a 30-day payment cycle.

≈ £24,500
of invoicing outstanding at any one time on a 62-day cycle — about £12,600 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 is steady — within about ±2 days period to period, around 62 days.
What's their typical pay point?
Their latest reports average around day 62, 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 Schueco UK Limited (free)

Their next payment report is due ≈ 26 Jan 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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More large companies in wholesale & retail trade

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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-07048715 · latest period to 30 Jun 2023

Verify the original Companies House file

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