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Their own payment-practices filing · gov.uk

Mercedes-Benz Parts Logistics UK Limited paid suppliers in 48 days on average — within its stated 30–60 day terms

CRN 10304047 · Wholesale & retail trade · 12 statutory reports on record · period to 31 Dec 2023

Dated record. The latest report covers a period ending 31 Dec 2023 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
48daysavg time to pay · H2 2023

Their H2 2023 filing put the average 18 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
21% of invoices
Paid after 61+ days
11%
Reporting period
1 Jul 2023 – 31 Dec 2023
Source
their gov.uk filing, filed 18 Jan 2024

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

Terms vs reality · their H2 2023 filing

Paid within their stated range — 48 against 30–60 days

The pattern · last 6 of 12 reports

21 → 48 days — slower across the window

The read · computed from their figures

Mercedes-Benz Parts Logistics UK Limited's H2 2023 filing put their average at 48 days against stated terms of 30–60 days; 21% of invoices were paid outside agreed terms and 11% took 61 days or longer. Filed 18 Jan 2024.

The direction is slower: from 21 days in H1 2021 to 48 now — 27 days slower across their last 6 reports.

That is 12 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Offers e-invoicing

In their own words · from the filing

Standard payment terms

58% of these invoices are with group companies, which are paid on average in 15 days. Standard payment terms for third party suppliers is the end of the following month of invoice receipt.

Dispute resolution

Dispute Resolution Invoice disputes are investigated by our front office team in our Shared Service Centre in Madrid. The supplier is required to follow our purchase order terms and conditions. If the front office team are unable to resolve the dispute, the issue is then escalated by passing on the query to the accounts payable team, who will work with the relevant business stakeholder to resolve. In order to ensure invoices are approved promptly, any invoices outstanding with an approver for more than 3 days are followed up by the local accounts payable function to ensure they are dealt with.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20234821%11%18 Jan 2024
H1 2023239%7%17 Jul 2023
H2 2022206%3%20 Jan 2023
H1 2022238%3%21 Jul 2022
H2 2021204%3%28 Jan 2022
H1 20212114%2%27 Jul 2021
H2 20202310%1%26 Jan 2021
H1 2020238%2%22 Jul 2020
H2 20192511%5%29 Jan 2020
H1 2019228%1%29 Jul 2019
H2 20181915%3%30 Jan 2019
H1 20182317%1%26 Jul 2018

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
29 Jul 2016
Registered office
DELAWARE DRIVE, MILTON KEYNES, MK15 8BA
0 outstanding charges on the register Accounts due 30 Sept 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 48-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 48-day vs a 30-day payment cycle.

≈ £19,000
of invoicing outstanding at any one time on a 48-day cycle — about £7,100 more than the same account would carry at 30-day terms.

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 · Mercedes-Benz Parts Logistics UK Limited

Are they getting slower or faster?
Their reported average has moved about 27 days slower over the window (21 → 48 days).
What's their typical pay point?
Their latest filed report put the average at day 48; across their last 6 reports it ranged 20–48 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-10304047 · latest period to 31 Dec 2023

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