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Their own payment-practices filing · gov.uk

Tower Transit Operations Ltd paid suppliers in 14 days on average — inside its shortest stated term

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

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.
14daysavg time to pay · H2 2024

Their H2 2024 filing put the average 16 days inside the shortest term they state (30 days).

Their stated terms
30–60 days
Paid outside agreed terms
10% of invoices
Paid after 61+ days
1%
Reporting period
1 Apr 2024 – 30 Sept 2024
Source
their gov.uk filing, filed 5 Nov 2024

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

Terms vs reality · their H2 2024 filing

Paid 16 days inside the 30-day term they state

The pattern · last 6 of 13 reports

23 → 14 days — faster across the window

The read · computed from their figures

Tower Transit Operations Ltd's H2 2024 filing put their average at 14 days against stated terms of 30–60 days; 10% of invoices were paid outside agreed terms and 1% took 61 days or longer. Filed 5 Nov 2024.

The direction is faster: from 23 days in H1 2022 to 14 now — 9 days faster across their last 6 reports.

That is 13 statutory periods on record (earliest H2 2018) — a historical record, not a promise for a new invoice.

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.

PeriodAvg daysOutside terms61+ daysFiled
H2 20241410%1%5 Nov 2024
H1 2024159%2%29 Apr 2024
H2 20231311%0%8 Nov 2023
H1 2023117%0%28 Apr 2023
H2 2022219%0%1 Nov 2022
H1 2022230%0%25 Apr 2022
H2 20212311%0%8 Oct 2021
H1 20212310%0%7 Apr 2021
H2 20202313%0%12 Oct 2020
H1 20202527%0%28 Apr 2020
H2 20192710%0%16 Oct 2019
H1 20193219%2%3 Apr 2019
H2 20183444%2%29 Oct 2018

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.

Quick answers · Tower Transit Operations Ltd

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 filed report put the average at day 14; across their last 6 reports it ranged 11–23 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.
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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 6,104 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

Verify the original Companies House file

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