Ranked in 5 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Payment trends for EXERTIS (UK) LTD show a predominant payment window between 31-60 days, accounting for 46% of invoices, which contributes significantly to their average payment time of 45 days. While 29% pay within 30 days, a substantial 25% extend beyond 60 days, indicating a consistent trajectory towards slower rather than timely payments overall.
The 45% late payment rate signifies considerable unpredictability in payment timing, making reliable cash flow forecasting challenging for any supplier. The broad distribution, with payments ranging from under 30 days to over 60 days (25%), introduces a notable risk of extended payment cycles and potential liquidity strain due to inconsistent settlement patterns.
EXERTIS (UK) LTD presents a moderate to high payment risk for suppliers, primarily due to its 45-day average payment time, a 45% late payment rate, and 25% of payments exceeding 60 days. Suppliers should anticipate extended cash conversion cycles and factor this into their financial planning. It is recommended to establish clear payment terms, closely monitor outstanding invoices, and potentially consider mitigating strategies like shorter credit periods or milestone payments if feasible.
| 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 | 30 Apr 2026 | 52 | 30% | 35% | 35% | 50% |
| 01 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 45 | 29% | 46% | 25% | 45% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 46 | 30% | 46% | 24% | 41% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 49 | 24% | 45% | 31% | 33% |
| 01 Oct 2023 - 31 Mar 2024 | 22 Apr 2024 | 53 | 20% | 39% | 41% | 30% |
| 01 Apr 2023 - 30 Sept 2023 | 24 Oct 2023 | 54 | 19% | 38% | 43% | 29% |
| 01 Oct 2022 - 31 Mar 2023 | 13 Apr 2023 | 47 | 35% | 33% | 32% | 34% |
| 01 Apr 2022 - 30 Sept 2022 | 21 Oct 2022 | 50 | 18% | 52% | 30% | 38% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 47 | 29% | 40% | 31% | 35% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 47 | 26% | 51% | 23% | 47% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 37 | 45% | 35% | 20% | 53% |
| 01 Apr 2020 - 30 Sept 2020 | 22 Oct 2020 | 31 | 53% | 31% | 15% | 48% |
| 01 Oct 2019 - 31 Mar 2020 | 04 May 2020 | 33 | 45% | 35% | 20% | 50% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 33 | 51% | 34% | 15% | 53% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 33 | 52% | 32% | 16% | 54% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 30 | 53% | 32% | 15% | 49% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 30 days end of month following
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The payment statistics disclosed in this report can be affected by a number of different factors. Invoices are often reported as due but not paid with agreed terms due to the receipt timings of BACS transfers, contract payments due on weekends or bank holidays are typically paid on the following business day and the company typically initiates payments on batches, on a weekly basis; where this is the case payments will normally be received by the supplier within a few days of the due date. Additionally, the nature of our supplier relationship means that there are regularly offsetting of debit and credit positions which we look to resolve prior to actioning net payments as agreed and appropriate
Maximum contractual payment period agreed
90
Exertis accounts payable teams work directly with suppliers to resolve any issues, these can include agreeing credit notes, stock returns or other relevant deductions. Once resolved, payment is made in accordance with agreed terms
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
Exertis (UK) Ltd, registered at Companies House under number 01511931, has traded previously as Mitrecrest Limited, Micro Peripherals Limited and Micro P Limited. Companies House lists its nature of business as wholesale of computers, computer peripheral equipment and software. According to Companies House filings, the company entered administration in 2025, with an administrator appointed and a statement of proposals subsequently filed. Its registered office moved from Burnley to Sutton around this time. Persons with significant control have included Exertis (Holdings) Ltd and, following the administration, Aurelius IV UK Acquico Fifteen Limited. No further detail on trading operations is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk