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.
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.
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.
| 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 Oct 2025 - 31 Mar 2026 | 01 May 2026 | 53 | 31% | 42% | 27% | 28% |
| 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% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Vp plc's standard payment terms are 60 days from date of invoice 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.
Were there any changes to the standard payment terms in the reporting period?
We have changed from 60 days end of month to 60 days net during the period.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
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
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
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.
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