Their own payment-practices filing · gov.uk

How long does Chain Reaction Cycles Ltd take to pay its suppliers?

CRN NI036744 · Wholesale & retail trade · 3 statutory reports on record · period to 30 Jun 2019

41days

their reported average time to pay suppliers, latest period

Slower than mostvs 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 2019 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: Liquidation
Type: Private Limited Company
Incorporated: 18 Aug 1999
Registered office: C/O A&L GOODBODY NORTHERN IRELAND LLP, BELFAST, BT1 5EF

0 outstanding charges on the register Accounts due 30 Jun 2024

Open the full record at Companies House.

Terms vs reality

Stated terms: 0–30 days. Reported average: 41.

Stated terms0–30d

+41 days

Reported avg41d

At a glance

The key figures

0–30d

their stated terms

45%

invoices paid outside terms

-341d

faster over the window

±185d

variable pattern

Vs peers · latest reported averages

fasterslower

Slower than 59% of the 819 large companies reporting in wholesale & retail trade.

The pattern

Getting faster

Average days to pay across their last 3 statutory reports.

382

410

H1 2018H2 2018H1 2019

Where their supplier invoices land · latest period

within 30 days 50% 31–60 days 25% 61+ days 25%

The read · computed from their figures

Chain Reaction Cycles Ltd has filed 3 statutory payment periods (earliest H1 2018). Their latest report puts the average at 41 days against stated terms of 0–30 days.

The direction is faster: from 382 to 41 days over the window — about 341 days faster.

In the latest period 45% of invoices were paid outside their agreed terms, and 25% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Terms are dependent on supplier

Dispute resolution

Dealt with on a case by case basis depending on dispute. Work with supplier to resolve in first instance.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2019	41	45%	25%	23 Jul 2019
H2 2018	410	93%	89%	12 Feb 2019
H1 2018	382	12%	40%	30 Jul 2018

Working-capital effect

What a 41-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 41-day vs a 0-day payment cycle.

≈ £16,000

of invoicing outstanding at any one time on a 41-day cycle — about £16,200 more than the same account would carry at 0-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 341 days faster over the window (382 → 41 days).

What's their typical pay point?

Their latest reports average around day 41, moving within about ±185 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 Chain Reaction Cycles Ltd (free)

Their next payment report is due ≈ 26 Jan 2020. 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 wholesale & retail trade

Certas Energy UK Limited · Chairs Limited · Centrica Energy Limited · Chandlers (Farm Equipment) Limited · Central Garage(uppingham)limited · Chanel 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-NI036744 · latest period to 30 Jun 2019

Verify the original Companies House file

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