Their own payment-practices filing · gov.uk
Petroineos Manufacturing Scotland Limited pays suppliers in 22 days on average — inside its 90-day stated terms
Their H1 2026 filing puts the average 68 days inside their stated 90-day term.
- Their stated terms
- 90 days
- Paid outside agreed terms
- 42% of invoices
- Paid after 61+ days
- 8%
- Reporting period
- 1 Jan 2026 – 30 Jun 2026
- Source
- their gov.uk filing, filed 28 Jul 2026
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2026 filing
Paid 68 days inside the 90-day term they state
Where their invoices landed · share of all invoices
The pattern · last 6 of 17 reports
32 → 22 days — getting faster
The read · computed from their figures
Petroineos Manufacturing Scotland Limited's H1 2026 filing puts their average at 22 days against stated terms of 90 days; 42% of invoices were paid outside agreed terms and 8% took 61 days or longer. Filed 28 Jul 2026.
The direction is faster: from 32 days in H2 2023 to 22 now — 10 days faster across their last 6 reports.
On the latest reported averages: Faster than 96% of the 977 large companies reporting in manufacturing.
That is 17 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.
What they tell their suppliers
In their own words · from the filing
Standard payment terms
The Company negotiates and agrees payment terms with its suppliers as one element of its procurement process. As a result, payment terms vary by supplier. The most common payment term in place is 30 days end of month, although payment terms range from payment on receipt to 90 days, end of month.
Dispute resolution
Supplier invoices and payments are managed by our Accounts Payable team. Disputed invoices will be notified to the supplier by the individual who initiated the purchase transaction to ensure that they are investigated in a timely manner and resolved. Invoiced items that are subject to dispute will not be paid until resolution of the dispute, whereupon payment shall be made either within terms or in the next payment run, following resolution.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 22 | 42% | 8% | 28 Jul 2026 |
| H2 2025 | 19 | 47% | 10% | 26 Jan 2026 |
| H1 2025 | 29 | 25% | 5% | 29 Jul 2025 |
| H2 2024 | 29 | 23% | 5% | 31 Jan 2025 |
| H1 2024 | 29 | 28% | 6% | 29 Jul 2024 |
| H2 2023 | 32 | 23% | 6% | 29 Jan 2024 |
| H1 2023 | 32 | 20% | 3% | 19 Jul 2023 |
| H2 2022 | 30 | 20% | 5% | 19 Jan 2023 |
| H1 2022 | 29 | 25% | 6% | 25 Jul 2022 |
| H2 2021 | 29 | 26% | 6% | 26 Jan 2022 |
| H1 2021 | 25 | 28% | 5% | 22 Jul 2021 |
| H2 2020 | 30 | 19% | 3% | 28 Jan 2021 |
| H1 2020 | 28 | 25% | 5% | 30 Jul 2020 |
| H2 2019 | 30 | 26% | 5% | 31 Jan 2020 |
| H1 2019 | 30 | 20% | 4% | 23 Jul 2019 |
| H2 2018 | 29 | 27% | 13% | 30 Jan 2019 |
| H1 2018 | 28 | 29% | 5% | 30 Jul 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 3 Sept 1919
- Registered office
- BO'NESS ROAD, STIRLINGSHIRE, FK3 9XH
Quick answers · Petroineos Manufacturing Scotland Limited
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How UK payment reporting works
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Is this official government data?
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-SC010612 · latest period to 30 Jun 2026
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