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Their own payment-practices filing · gov.uk

How long does European Tyre Enterprise Limited take to pay its suppliers?

CRN 07545003 · Professional & technical services · 11 statutory reports on record · period to 31 Mar 2026

63days
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.

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
28 Feb 2011
Registered office
ETEL HOUSE, LETCHWORTH GARDEN CITY, SG6 2HU
0 outstanding charges on the register Accounts due 31 Dec 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 7 days. Reported average: 63.

Stated terms7d
+56 days
Reported avg63d

At a glance

The key figures

7d
their stated terms
42%
invoices paid outside terms
±4d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 92% of the 530 large companies reporting in professional & technical services.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 7d
62
55
56
60
62
63
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 39% 31–60 days 24% 61+ days 37%

The read · computed from their figures

European Tyre Enterprise Limited has filed 11 statutory payment periods (earliest H1 2021). Their latest report puts the average at 63 days against stated terms of 7 days.

The pattern is steady — their reported average moves within about ±4 days period to period.

In the latest period 42% of invoices were paid outside their agreed terms, and 37% landed 61+ days out.

What they tell their suppliers

Offers e-invoicing

In their own words · from the filing

Standard payment terms

Our most frequently used payment terms are 30 days from document date. For goods for resale, terms can be longer.

Dispute resolution

The Company aims to process all supplier payments efficiently and within the timescales agreed within the particular contracts. To facilitate prompt payment, suppliers are required to comply with the Company’s invoicing process. Queries – In the first instance, suppliers should contact Company Accounts Payable department, If Accounts Payable are unable to resolve the dispute within seven working days, the dispute may be escalated to the ETEL Group Financial Controller. If the ETEL Group Financial Controller is unable to resolve the dispute within a further seven working days, the dispute may be escalated to the ETEL Group Chief Financial Officer.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20266342%37%24 Apr 2026
H2 20256246%41%31 Oct 2025
H1 20256041%37%30 Apr 2025
H2 20245643%35%31 Oct 2024
H1 20245550%32%26 Apr 2024
H2 20236252%35%26 Oct 2023
H1 20235452%32%27 Apr 2023
H2 20224642%29%28 Oct 2022
H1 20225148%31%20 Apr 2022
H2 20216143%31%28 Oct 2021
H1 20215542%34%29 Apr 2021

Working-capital effect

What a 63-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 63-day vs a 7-day payment cycle.

≈ £25,000
of invoicing outstanding at any one time on a 63-day cycle — about £22,100 more than the same account would carry at 7-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 ±4 days period to period, around 63 days.
What's their typical pay point?
Their latest reports average around day 63, moving within about ±4 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 European Tyre Enterprise Limited (free)

Their next payment report is due ≈ 27 Oct 2026. 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-07545003 · latest period to 31 Mar 2026

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