VP PLC
Company Information
- Company Number
- 00481833
- Registered Address
- Central House, Beckwith Knowle Otley Road, Harrogate, North Yorkshire, HG3 1UD
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 5 May 1950
- Nature of Business
- 77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
- Industries
- Coming Soon
- Region
- Yorkshire
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
VP PLC consistently exhibits slow payment behavior, with an average payment time of 51 days. Only 33% of invoices are paid within 30 days, while a significant 32% extend beyond 60 days, indicating a clear trajectory towards delayed settlements. This distribution suggests a predictable pattern of payments frequently exceeding standard net-30 terms.
Volatility Analysis
Payment reliability for VP PLC is low, as evidenced by 43% of all payments being late. The wide spread across payment windows (33% 60) introduces significant unpredictability for supplier cash flow forecasting. This sporadic payment behavior presents a notable risk of extended working capital cycles for any supplier.
Summary Analysis
Suppliers should anticipate substantial delays in receiving payments from VP PLC, given the 51-day average and high late payment rate. Key decision factors must include the potential strain on supplier cash flow and the need for robust liquidity management. Mitigate risks by negotiating upfront payments, shorter terms, or pricing in the cost of extended working capital.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2025 - 30 Sept 2025 | 15 Oct 2025 | 51 | 33% | 35% | 32% | 43% |
| 01 Oct 2024 - 31 Mar 2025 | 10 Jul 2025 | 53 | 29% | 34% | 37% | 39% |
| 01 Oct 2024 - 31 Mar 2025 | 09 Jul 2025 | 60 | 29% | 34% | 37% | 39% |
| 01 Apr 2024 - 30 Sept 2024 | 09 Jul 2025 | 60 | 29% | 34% | 37% | 40% |
| 01 Oct 2023 - 31 Mar 2024 | 23 Apr 2024 | 57 | 25% | 35% | 40% | 39% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 54 | 25% | 35% | 40% | 32% |
| 01 Oct 2022 - 31 Mar 2023 | 26 Apr 2023 | 57 | 24% | 36% | 40% | 39% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 59 | 21% | 36% | 43% | 42% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | 62 | 20% | 34% | 46% | 46% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 66 | 18% | 34% | 49% | 52% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 58 | 20% | 36% | 44% | 49% |
| 01 Apr 2020 - 30 Sept 2020 | 27 Oct 2020 | 60 | 13% | 41% | 46% | 59% |
| 01 Oct 2019 - 31 Mar 2020 | 01 May 2020 | 55 | 22% | 40% | 38% | 40% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 51 | 23% | 44% | 33% | 35% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 53 | 22% | 43% | 35% | 32% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 52 | 22% | 40% | 38% | 46% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Vp plc's standard payment terms are 60 days month-end and these apply to the majority of supplier accounts. However, there are a range of terms in place for different suppliers, ranging from immediate payment to 90 days month-end. Payment terms are agreed to at the start of the business relationship and are confirmed in writing once accounts have been set up. There have been no changes to our standard payment terms during the reporting period.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
Suppliers are formally advised of any invoice queries and Accounts Payable teams liaise with the supplier and the ordering point to resolve them. Records are kept of progress made or setbacks encountered. Queries are prioritised in terms of age and due date for resolution, with the aim of resolving all invoice queries within 30 days. Suppliers should contact the Accounts Payable department at the following address if they have any issues or problems with unpaid/overdue invoices: Vp plc Accounts Payable Central House Beckwith Knowle Otley Road Harrogate HG3 1UD
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
VP PLC operates as a Public Limited Company
This legal structure enables it to offer shares to the public
The provided company data does not specify its particular business activities or industry sector
The company holds an active status in the UK, registered under company number 00481833
It was incorporated on 5 May 1950
Its registered office is located at Central House, Beckwith Knowle Otley Road, Harrogate, North Yorkshire, HG3 1UD
The designation "Public Limited Company" primarily refers to a company's legal status and capacity to raise capital through public share offerings on a stock exchange
This corporate form is adopted by organisations across a vast array of industries in the UK; therefore, there are no specific typical products or services universally provided by this type of company based solely on its legal classification
