Their own payment-practices filing · gov.uk

How long does Glassgreen Hire Limited take to pay its suppliers?

CRN SC524827 · Administrative & support services · 9 statutory reports on record · period to 30 Nov 2021

46days

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 Nov 2021 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: 21 Jan 2016
Registered office: ALEXANDER FLEMING HOUSE, ELGIN, IV30 6GR

1 outstanding charge — secured borrowing registered Accounts due 28 Feb 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 46.

Stated terms30d

+16 days

Reported avg46d

At a glance

The key figures

30d

their stated terms

10%

invoices paid outside terms

±2d

steady pattern

Vs peers · latest reported averages

fasterslower

Slower than 84% of the 608 large companies reporting in administrative & support services.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 30d

H1 2019H2 2019H1 2020H2 2020H1 2021H2 2021

Where their supplier invoices land · latest period

within 30 days 11% 31–60 days 74% 61+ days 15%

The read · computed from their figures

Glassgreen Hire Limited has filed 9 statutory payment periods (earliest H2 2017). Their latest report puts the average at 46 days against stated terms of 30 days.

The pattern is steady — their reported average moves within about ±2 days period to period.

In the latest period 10% of invoices were paid outside their agreed terms, and 15% landed 61+ days out.

In their own words · from the filing

Standard payment terms

The standard contractual length of time for payment of invoices is 45 days from statement date

Dispute resolution

All invoice disputes are dealt with by the Accounts department and the supplier is made aware of the dispute. They are aimed to be resolved within the 45 day period prior to payment and if this is not achievable they will be resolved within a maximum of 60 days of date of invoice.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2021	46	10%	15%	23 Dec 2021
H1 2021	46	10%	16%	24 Jun 2021
H2 2020	46	10%	16%	20 Jan 2021
H1 2020	49	10%	19%	20 Jan 2021
H2 2019	47	10%	18%	23 Dec 2019
H1 2019	44	10%	11%	28 Jun 2019
H2 2018	45	10%	12%	20 Dec 2018
H1 2018	46	10%	12%	2 Jul 2018
H2 2017	47	10%	12%	28 Feb 2018

Working-capital effect

What a 46-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 46-day vs a 30-day payment cycle.

≈ £18,000

of invoicing outstanding at any one time on a 46-day cycle — about £6,300 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 is steady — within about ±2 days period to period, around 46 days.

What's their typical pay point?

Their latest reports average around day 46, moving within about ±2 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 Glassgreen Hire Limited (free)

Their next payment report is due ≈ 28 Jun 2022. 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 administrative & support services

Gilead Sciences International Ltd. · Global Experience Specialists (Ges) Limited · Gilead Sciences Europe Ltd. · Global Infrastructure UK Limited · Giant Professional Limited · Global Radio Services 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-SC524827 · latest period to 30 Nov 2021

Verify the original Companies House file

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