Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
KING LIFTING LIMITED demonstrates a trend of paying beyond standard 30-day terms, with an average payment time of 38 days. A significant majority of payments (58%) are settled within the 31-60 day window, indicating a consistent pattern of extended payment cycles. Only 33% of invoices are paid within 30 days, suggesting that prompt payment is not the typical trajectory.
The company exhibits notable payment volatility, with 20% of payments being late. Furthermore, 9% of invoices extend beyond 60 days, introducing a significant element of unpredictability for a supplier's cash flow planning. This percentage of very late payments presents a material risk factor for reliable and timely revenue recognition.
Suppliers should approach KING LIFTING LIMITED with caution, acknowledging the consistent tendency for payments to extend beyond 30 days and the risk of significant delays. Key decision factors include the supplier's capacity to manage an average 38-day payment cycle and absorb potential delays exceeding 60 days for a segment of invoices. To mitigate risk, consider negotiating stricter payment terms, such as requiring partial upfront payment or implementing a shorter net period for a portion of the order.
| 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 Aug 2025 - 31 Jan 2026 | 25 Feb 2026 | 39 | 41% | 48% | 11% | 14% |
| 01 Feb 2025 - 31 Jul 2025 | 26 Aug 2025 | 38 | 33% | 58% | 9% | 20% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
King Lifting Ltd has established different payment terms based on the types of contracts, reflecting our respect for our suppliers. The most commonly used payment term is 60 days from the end of the month. For smaller local suppliers, we implement a 30-day payment term from the end of the month. Meanwhile, major suppliers generally agree to a payment term of 90 days.
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
All payment-related disputes should be directed to the Purchase Ledger Team via email or telephone. The team will make every reasonable effort to resolve the issue directly with the supplier first. If a resolution cannot be achieved, the matter will be escalated to the Finance Director for further review and guidance. If the issue remains unresolved and it is deemed necessary after managerial review, we will seek external legal advice to secure an appropriate resolution with the supplier.
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
King Lifting is a UK crane hire and plant movement company, trading as King Lifting Ltd from its Avonmouth head office and depots across the UK and Europe. It supplies mobile all-terrain, self-erecting tower and crawler cranes, alongside plant and machinery movement services, contract lifting compliant with BS7121, and heavy transport. The company also runs an accredited training academy offering courses such as Slinger Signaller, Mobile Crane Operator and Appointed Person. Established over 40 years ago as a family-run business, it has worked on projects including Somerset House, the Houses of Parliament, the British Museum and dock and cruise ship lifting operations, and provided cranes for the Birmingham Commonwealth Games ceremonies.
Generated from the company's website and Companies House records. Sources: kingliftingltd.co.uk · kingliftingltd.co.uk · kingliftingltd.co.uk