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Their own payment-practices filing · gov.uk

How long does Smscmc (UK) Limited take to pay its suppliers?

CRN 10192622 · Administrative & support services · 7 statutory reports on record · period to 30 Jun 2024

26days
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.

Share
Dated record. The latest report covers a period ending 30 Jun 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
21 May 2016
Registered office
VICTORY POINT, CAMBERLEY, GU16 7EX
0 outstanding charges on the register Accounts due 30 Sept 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 28–61 days. Reported average: 26.

Stated terms28–61d
-2 days
Reported avg26d

At a glance

The key figures

28–61d
their stated terms
2%
invoices paid outside terms
+16d
slower over the window
±7d
variable pattern

Vs peers · latest reported averages

fasterslower
Faster than 56% of the 608 large companies reporting in administrative & support services.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 28d
10
14
13
19
22
26
H2 2021H1 2022H2 2022H1 2023H2 2023H1 2024

Where their supplier invoices land · latest period

within 30 days 91% 31–60 days 9% 61+ days 0%

The read · computed from their figures

Smscmc (UK) Limited has filed 7 statutory payment periods (earliest H1 2021). Their latest report puts the average at 26 days against stated terms of 28–61 days.

The direction is slower: from 10 to 26 days over the window — about 16 days slower.

In the latest period 2% of invoices were paid outside their agreed terms, and 0% landed 61+ days out.

What they tell their suppliers

Payment code: The company is a signatory to the UK Prompt Payment Code

In their own words · from the filing

Standard payment terms

Our 2022 Standard Conditions of Purchase provide for payment at the end of the month following the month in which an invoice is received, subject to (i) a valid invoice being properly provided by the supplier and (ii) the relevant Supplies being delivered and accepted by us, in accordance with the contract. The full text of the standard payment term can be located in Clause 9 of the 2022 Standard Conditions of Purchase at: https://www.baesystems.com/en-uk/what-we-do/suppliers/united-kingdom Whilst the company does contract certain of its material business on the basis of programme-specific bespoke terms and conditions, the relevant payment terms are largely consistent with those contained within the Standard Conditions of Purchase.

Dispute resolution

As per our standard conditions of purchase, if a payment dispute arises, then the parties are required to follow a disputed invoicing process and use reasonable endeavours to resolve the dispute amicably. Any disputes that cannot be resolved are subject to arbitration. Our full dispute resolution process can be found in Clauses 9 and 36 of the 2022 Standard Conditions of Purchase at: https://www.baesystems.com/en-uk/what-we-do/suppliers/united-kingdom

Other information

Where the date that an invoice has been received cannot be reliably established (primarily due to IT limitations), the supplier’s invoice date is used as day “0” for the purposes of the calculation of the reported payment statistics. It is not precisely known when payments actually credit into a supplier’s bank account (we do not have systems that accurately record this event). Therefore for the production of the disclosed statistics, we have made a reasoned estimation of when payments have cleared into a supplier's bank account. Where an invoice has been settled through the matching of a credit note, this invoice is not included in the payment statistics. If there is a partial match of a credit note against an invoice, the payment of the remainder of the invoice is included in the

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2024262%0%26 Nov 2024
H2 2023225%0%29 Jan 2024
H1 2023195%0%27 Jul 2023
H2 2022130%0%30 Jan 2023
H1 2022142%1%27 Jul 2022
H2 2021101%0%27 Jan 2022
H1 2021121%0%29 Jul 2021

Quick answers

Are they getting slower or faster?
Their reported average has moved about 16 days slower over the window (10 → 26 days).
What's their typical pay point?
Their latest reports average around day 26, moving within about ±7 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

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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-10192622 · latest period to 30 Jun 2024

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