PAIDLATE by YORXEN
← New check

Their own payment-practices filing · gov.uk

How long does Stewart Milne Timber Systems Limited take to pay its suppliers?

CRN 10375531 · Manufacturing · 13 statutory reports on record · period to 30 Apr 2026

54days
their reported average time to pay suppliers, latest period
Well behindvs a 31-day median across 6,185 recent filers

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

Share

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
14 Sept 2016
Registered office
FALCON HOUSE CURBRIDGE BUSINESS PARK, WITNEY, OX29 7WJ
4 outstanding charges — secured borrowing registered Accounts due 30 Jun 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30–90 days. Reported average: 54.

Stated terms30–90d
+24 days
Reported avg54d

At a glance

The key figures

30–90d
their stated terms
83%
invoices paid outside terms
-8d
faster over the window
±4d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 67% of the 992 large companies reporting in manufacturing.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 30d
62
66
61
62
60
54
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 14% 31–60 days 24% 61+ days 62%

The read · computed from their figures

Stewart Milne Timber Systems Limited has filed 13 statutory payment periods (earliest H1 2020). Their latest report puts the average at 54 days against stated terms of 30–90 days.

The direction is faster: from 62 to 54 days over the window — about 8 days faster.

In the latest period 83% of invoices were paid outside their agreed terms, and 62% landed 61+ days out.

What they tell their suppliers

10% of invoices in dispute

In their own words · from the filing

Standard payment terms

The company negotiates and agrees payment terms with its suppliers. This will result in payment terms varying per supplier. The most common payment term is current month plus 30 days; although payment terms can range from being payable on receipt to current month plus 60 days.

Dispute resolution

Disputed invoices will be communicated with the supplier by the appropriate department/individual involved. This will be investigated and resolved by the appropriate department and resolved in a timely manner. Divisional Finance Director’s will get involved if required. Complaints from supplier about payment and payment disputes are dealt with on an individual basis. In cases of non-payment; the supplier is kept up to date with regular contact. Complaints are raised in the first instance with the person responsible for the contract and can be escalated to divisional finance director and divisional managing director as appropriate.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20265483%62%21 May 2026
H2 20256079%59%27 Nov 2025
H1 20256275%56%28 May 2025
H2 20246178%57%21 Nov 2024
H1 20246665%63%30 May 2024
H2 20236241%56%29 Nov 2023
H1 20235815%53%30 May 2023
H2 20225211%45%22 Nov 2022
H1 20226410%53%30 May 2022
H2 20215615%46%30 Nov 2021
H1 2021578%43%28 May 2021
H2 20207034%59%30 Nov 2020
H1 20205836%57%29 May 2020

Working-capital effect

What a 54-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 54-day vs a 30-day payment cycle.

≈ £21,500
of invoicing outstanding at any one time on a 54-day cycle — about £9,500 more than the same account would carry at 30-day terms.

Late Payment Act. The Late Payment of Commercial Debts Act 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

Are they getting slower or faster?
Their reported average has moved about 8 days faster over the window (62 → 54 days).
What's their typical pay point?
Their latest reports average around day 54, moving within about ±4 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 Stewart Milne Timber Systems Limited (free)

Their next payment report is due ≈ 26 Nov 2026. 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 manufacturing

Sterling Pharma Solutions Limited · Stolzle Flaconnage Limited · Stepan UK Limited · Sulzer Pumps (UK) Limited · Stelrad Limited · Sumi Agro Europe Limited

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-10375531 · latest period to 30 Apr 2026

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.