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Their own payment-practices filing · gov.uk

How long does RWG (Repair & Overhauls) Limited take to pay its suppliers?

CRN SC120673 · Manufacturing · 10 statutory reports on record · period to 31 Dec 2023

42days
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.

Share
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.

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
9 Oct 1989
Registered office
RWG (REPAIR & OVERHAULS) LIMITED KIRKHILL DRIVE, ABERDEEN, AB21 0EU
1 outstanding charge — secured borrowing registered Accounts due 30 Sept 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 7–90 days. Reported average: 42.

Stated terms7–90d
+35 days
Reported avg42d

At a glance

The key figures

7–90d
their stated terms
12%
invoices paid outside terms
±1d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 58% of the 992 large companies reporting in manufacturing.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 7d
44
46
44
44
43
42
H1 2020H2 2020H1 2021H2 2021H1 2022H2 2023

Where their supplier invoices land · latest period

within 30 days 32% 31–60 days 63% 61+ days 5%

The read · computed from their figures

RWG (Repair & Overhauls) Limited has filed 10 statutory payment periods (earliest H1 2018). Their latest report puts the average at 42 days against stated terms of 7–90 days.

The pattern is steady — their reported average moves within about ±1 days period to period.

In the latest period 12% of invoices were paid outside their agreed terms, and 5% landed 61+ days out.

In their own words · from the filing

Standard payment terms

The price specified in this Order shall remain fixed. Invoices shall be posted to the Accounts Payable Department of RWG at the address indicated on the front of the Purchase Order on the day on which Goods are despatched or Work is completed. Invoices must quote RWG’s Purchase Order Number, itemised prices and discount terms, invoices which do not quote the Purchase Order Number will be returned. Payment of Suppliers invoice will be in the Suppliers bank account on the last working day of the month following the month of the invoice date, providing that such Goods or Work have been supplied in accordance with Clause 1 and the invoice is correct.

Dispute resolution

The company’s Accounts Payable (AP) team can be contacted for payment enquiries, contact points via phone/email with all relevant contact details noted on the purchase order. If the AP team cannot resolve the dispute, Clause 19 of the terms and conditions in our PO (shown below) would apply. Clause 19 - Dispute Resolution 19.1 Any dispute between the parties arising from the Contract that cannot be settled amicably through negotiations between the appropriate representatives of the parties shall be resolved by referring the dispute to the respective Managing Directors or Chief Executive Officers of the parties (or their respective nominees). 19.2 If no agreement can be reached between the parties under Clause 19.1 above, the parties may attempt to settle the dispute by a form of altern

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20234212%5%16 Jan 2024
H1 20224314%5%13 Sept 2022
H2 20214414%5%31 Jan 2022
H1 20214416%5%20 Jul 2021
H2 20204618%7%28 Jan 2021
H1 20204415%6%27 Jul 2020
H2 20194214%4%4 Feb 2020
H1 20194419%6%14 Aug 2019
H2 20184012%3%6 Mar 2019
H1 20182917%2%31 Jul 2018

Working-capital effect

What a 42-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 42-day vs a 7-day payment cycle.

≈ £16,500
of invoicing outstanding at any one time on a 42-day cycle — about £13,800 more than the same account would carry at 7-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 is steady — within about ±1 days period to period, around 42 days.
What's their typical pay point?
Their latest reports average around day 42, moving within about ±1 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

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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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-SC120673 · latest period to 31 Dec 2023

Verify the original Companies House file

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