Their own payment-practices filing · gov.uk

How long does Tower Transit Operations Ltd take to pay its suppliers?

CRN 08314506 · Transport & storage · 13 statutory reports on record · period to 30 Sept 2024

14days

their reported average time to pay suppliers, latest period

Faster than mostvs 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 30 Sept 2024 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: 30 Nov 2012
Registered office: HARRINGTON HOUSE 25 HIGH STREET, NORTHAMPTON, NN6 9NU

0 outstanding charges on the register Accounts due 31 Mar 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30–60 days. Reported average: 14.

Stated terms30–60d

-16 days

Reported avg14d

At a glance

The key figures

30–60d

their stated terms

10%

invoices paid outside terms

-9d

faster over the window

±2d

steady pattern

Vs peers · latest reported averages

fasterslower

Faster than 96% of the 248 large companies reporting in transport & storage.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 30d

H1 2022H2 2022H1 2023H2 2023H1 2024H2 2024

Where their supplier invoices land · latest period

within 30 days 89% 31–60 days 10% 61+ days 1%

The read · computed from their figures

Tower Transit Operations Ltd has filed 13 statutory payment periods (earliest H2 2018). Their latest report puts the average at 14 days against stated terms of 30–60 days.

The direction is faster: from 23 to 14 days over the window — about 9 days faster.

In the latest period 10% of invoices were paid outside their agreed terms, and 1% landed 61+ days out.

In their own words · from the filing

Standard payment terms

The Company agrees appropriate terms of payment with suppliers, prior to supply, and adheres to these terms provided satisfactory invoices are received, in a timely manner. The most frequent terms are 30 days however variations between suppliers do exist.

Dispute resolution

The Company always looks to treat suppliers fairly and resolve disputes in a timely manner. If the dispute cannot be resolved by the Accounts Payable Team it will be escalated, in the first instance, to the Head of Department to seek resolution.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2024	14	10%	1%	5 Nov 2024
H1 2024	15	9%	2%	29 Apr 2024
H2 2023	13	11%	0%	8 Nov 2023
H1 2023	11	7%	0%	28 Apr 2023
H2 2022	21	9%	0%	1 Nov 2022
H1 2022	23	0%	0%	25 Apr 2022
H2 2021	23	11%	0%	8 Oct 2021
H1 2021	23	10%	0%	7 Apr 2021
H2 2020	23	13%	0%	12 Oct 2020
H1 2020	25	27%	0%	28 Apr 2020
H2 2019	27	10%	0%	16 Oct 2019
H1 2019	32	19%	2%	3 Apr 2019
H2 2018	34	44%	2%	29 Oct 2018

Quick answers

Are they getting slower or faster?

Their reported average has moved about 9 days faster over the window (23 → 14 days).

What's their typical pay point?

Their latest reports average around day 14, 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 Tower Transit Operations Ltd (free)

Their next payment report is due ≈ 28 Apr 2025. 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-08314506 · latest period to 30 Sept 2024

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