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Their own payment-practices filing · gov.uk

How long does Stewart Milne Homes Central Scotland Limited take to pay its suppliers?

CRN SC545400 · Administrative & support services · 11 statutory reports on record · period to 31 Oct 2023

40days
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 Oct 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
In Administration/Administrative Receiver
Type
Private Limited Company
Incorporated
14 Sept 2016
Registered office
C/O TENEO FINANCIAL ADVISORY LIMITED, EDINBURGH, EH2 1EL
24 outstanding charges — secured borrowing registered Accounts due 30 Jul 2024

Open the full record at Companies House.

Terms vs reality

Stated terms: 30–90 days. Reported average: 40.

Stated terms30–90d
+10 days
Reported avg40d

At a glance

The key figures

30–90d
their stated terms
55%
invoices paid outside terms
+7d
slower over the window
±4d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 76% of the 608 large companies reporting in administrative & support services.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 30d
33
35
33
38
40
40
H1 2021H2 2021H1 2022H2 2022H1 2023H2 2023

Where their supplier invoices land · latest period

within 30 days 33% 31–60 days 51% 61+ days 16%

The read · computed from their figures

Stewart Milne Homes Central Scotland Limited has filed 11 statutory payment periods (earliest H2 2018). Their latest report puts the average at 40 days against stated terms of 30–90 days.

The direction is slower: from 33 to 40 days over the window — about 7 days slower.

In the latest period 55% of invoices were paid outside their agreed terms, and 16% landed 61+ days out.

In their own words · from the filing

Standard payment terms

The company negotiates and agrees payment terms with its suppliers. This will result in payment terms varying per supplier. The most common payment term is current month plus 30 days; although payment terms can range from being payable on receipt to current month plus 60 days.

Dispute resolution

Supplier invoices and payments are managed by the various divisions at Stewart Milne Group; each division being responsible for their own supplier invoices. Disputed invoices will be communicated with the supplier by the appropriate department/individual involved. This will be investigated and resolved by the appropriate department and resolved in a timely manner. Divisional Finance Director’s will get involved if required. Complaints from supplier about payment and payment disputes are dealt with on an individual basis. In cases of non-payment; the supplier is kept up to date with the status by the division responsible. Complaints are raised in the first instance with the person responsible for the contract and can be escalated to divisional finance director and divisional managing di

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20234055%16%30 Nov 2023
H1 20234071%18%25 May 2023
H2 20223863%12%29 Nov 2022
H1 20223344%8%30 May 2022
H2 20213522%7%30 Nov 2021
H1 20213336%11%28 May 2021
H2 20207041%42%30 Nov 2020
H1 20205378%39%29 May 2020
H2 20195042%32%29 Nov 2019
H1 20195253%38%30 Jul 2019
H2 20184640%20%30 Jan 2019

Working-capital effect

What a 40-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 40-day vs a 30-day payment cycle.

≈ £16,000
of invoicing outstanding at any one time on a 40-day cycle — about £3,900 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 has moved about 7 days slower over the window (33 → 40 days).
What's their typical pay point?
Their latest reports average around day 40, moving within about ±4 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 Stewart Milne Homes Central Scotland Limited (free)

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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-SC545400 · latest period to 31 Oct 2023

Verify the original Companies House file

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