Their own payment-practices filing · gov.uk
Exolum Pipeline System Ltd paid suppliers in 38 days on average — within its stated 30–60 day terms
Their H2 2024 filing put the average 8 days past the shortest term they state (30 days), still within their 60-day upper term.
- Their stated terms
- 30–60 days
- Paid outside agreed terms
- 29% of invoices
- Paid after 61+ days
- 9%
- Reporting period
- 1 Jul 2024 – 31 Dec 2024
- Source
- their gov.uk filing, filed 31 Jan 2025
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H2 2024 filing
Paid within their stated range — 38 against 30–60 days
Where their invoices landed · share of all invoices
The read · computed from their figures
Exolum Pipeline System Ltd's H2 2024 filing put their average at 38 days against stated terms of 30–60 days; 29% of invoices were paid outside agreed terms and 9% took 61 days or longer. Filed 31 Jan 2025.
That is one statutory period on record (earliest H2 2024) — a historical record, not a promise for a new invoice.
What they tell their suppliers
In their own words · from the filing
Standard payment terms
The majority of suppliers are engaged on our standard terms. Payment terms are agreed with suppliers and subcontractors as part of the contract arrangements and invoices must show the purchase order number to be processed. The payment period used in our standard terms is 30 days from the date of the correctly provided invoice.
Dispute resolution
Exolum actively seeks to resolve invoice disputes by discussing them with the relevant supplier(s) to reach an agreed resolution (this process typically involves members of the procurement team and the accounts payable team). Should such a resolution not be met, this would then be passed on to the parties’ senior management to reach a resolution. Where such a resolution is not possible, such matters may be then be referred to adjudication. Should no resolution be met, the disputed items may be referred to court.
Other information
Given the nature of our operations, the majority of suppliers are engaged in works that are captured by the Housing Grants, Construction and Regeneration Act 1996 therefore the invoicing and payment requirements of suppliers must abide the provisions of this act.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H2 2024 | 38 | 29% | 9% | 31 Jan 2025 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 18 Mar 2015
- Registered office
- 1ST FLOOR, LONDON, EC4R 9AD
Illustrative · working-capital arithmetic
What a 38-day cycle ties up
A worked example, not a finding. On a hypothetical £12k/month account, at a 38-day vs a 30-day payment cycle.
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 · Exolum Pipeline System Ltd
What's their typical pay point?
Can I see what this means for my invoices?
Stay ahead
Watch Exolum Pipeline System Ltd (free)
They haven’t filed a payment report since 31 Jan 2025. 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.
More large companies in transport & storage
Exeter and Devon Airport Limited · Expeditors International (UK) Limited · Exel UK Limited · Expert Logistics Ltd. · Evergreen Marine (UK) Limited · Farmfoods Distribution Limited
How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
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-09497223 · latest period to 31 Dec 2024
Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.