Their own payment-practices filing · gov.uk

How long does Services Machinery & Trucks Ltd take to pay its suppliers?

CRN 10822984 · Wholesale & retail trade · 4 statutory reports on record · period to 30 Jun 2020

32days

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.

Dated record. The latest report covers a period ending 30 Jun 2020 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: 16 Jun 2017
Registered office: MOORFIELD ROAD, CAMBRIDGE, CB22 4QX

3 outstanding charges — secured borrowing registered Accounts due 30 Sept 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 31–120 days. Reported average: 32.

Stated terms31–120d

+1 days

Reported avg32d

At a glance

The key figures

31–120d

their stated terms

71%

invoices paid outside terms

-10d

faster over the window

±10d

variable pattern

Vs peers · latest reported averages

fasterslower

Faster than 66% of the 819 large companies reporting in wholesale & retail trade.

The pattern

Getting faster

Average days to pay across their last 4 statutory reports.

terms 31d

H2 2018H1 2019H2 2019H1 2020

Where their supplier invoices land · latest period

within 30 days 39% 31–60 days 47% 61+ days 15%

The read · computed from their figures

Services Machinery & Trucks Ltd has filed 4 statutory payment periods (earliest H2 2018). Their latest report puts the average at 32 days against stated terms of 31–120 days.

The direction is faster: from 42 to 32 days over the window — about 10 days faster.

In the latest period 71% of invoices were paid outside their agreed terms, and 15% landed 61+ days out.

What they tell their suppliers

Offers e-invoicing

In their own words · from the filing

Standard payment terms

End of month plus 30days

Dispute resolution

Our most common dispute is simply missing the invoice, therefore a copy is requested and paid as usual. Any supplier invoice disputes over quantity or price would be tracked by the Accounts Payable but passed to the order placer to investigate and resolve. If the query cannot be resolved at Depot Level then Finance contact the Supplier for a credit note or proof of delivery etc. If no resolution can be found the supplier would be put on stop, so no further orders can be placed.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2020	32	71%	15%	3 Aug 2020
H2 2019	23	56%	5%	23 Jan 2020
H1 2019	27	55%	5%	1 Aug 2019
H2 2018	42	56%	20%	13 May 2019

Quick answers

Are they getting slower or faster?

Their reported average has moved about 10 days faster over the window (42 → 32 days).

What's their typical pay point?

Their latest reports average around day 32, moving within about ±10 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 Services Machinery & Trucks Ltd (free)

Their next payment report is due ≈ 26 Jan 2021. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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More large companies in wholesale & retail trade

Selfridges Retail Limited · Seymour Distribution Limited · Selco Trade Centres Limited · Shaneel Enterprises Limited · Sebden Steel Service Centres Limited · Shell Company of Turkey Limited(the)

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-10822984 · latest period to 30 Jun 2020

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