UK FUELS LIMITED
Company Information
- Company Number
- 02212080
- Registered Address
- Eurocard Centre Herald Park, Herald Drive, Crewe, Cheshire, CW1 6EG
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 January 1988
- Nature of Business
- 46719 - Wholesale of other fuels and related products
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
UK FUELS LIMITED demonstrates a strong trend for timely payments, with an average payment time of 24 days and 78% of invoices settled within 30 days. However, a significant 24% of payments are late, indicating a mixed trajectory where a substantial minority consistently deviates from prompt settlement. This suggests a dual trend of efficient processing for most invoices, alongside persistent delays for a portion.
Volatility Analysis
While the majority of payments are reliable and predictable within 30 days, UK FUELS LIMITED exhibits notable payment volatility with 24% of invoices being settled late. The 12% of payments extending beyond 60 days represents a significant risk factor, indicating unpredictability and potential cash flow strain for suppliers on these transactions. This segment of very late payments underscores a measurable level of payment inconsistency.
Summary Analysis
Overall, UK FUELS LIMITED is a moderately reliable payer, with a strong majority of invoices settled promptly; however, suppliers must acknowledge the persistent late payment risk affecting 24% of invoices. Key decision factors include the consistent early payment for most, contrasted with the concerning 12% exceeding 60 days. To mitigate risk, suppliers might consider establishing clear payment milestones or implementing stricter credit terms for larger orders.
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 | 23 Oct 2025 | 24 | 78% | 10% | 12% | 24% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 21 | 92% | 7% | 1% | 3% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 20 | 93% | 6% | 1% | 3% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 22 | 94% | 5% | 1% | 3% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 21 | 96% | 4% | 0% | 3% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 20 | 96% | 3% | 1% | 2% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 21 | 95% | 4% | 1% | 1% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 20 | 95% | 4% | 1% | 5% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 21 | 95% | 4% | 1% | 4% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 19 | 95% | 4% | 1% | 5% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 20 | 95% | 3% | 2% | 5% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 18 | 97% | 2% | 1% | 6% |
| 01 Apr 2019 - 30 Sept 2019 | 24 Oct 2019 | 17 | 97% | 2% | 1% | 4% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 16 | 97% | 3% | 0% | 4% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 17 | 94% | 5% | 1% | 4% |
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
The majority of purchases by value are from major global oil companies, supermarket groups and other fuel retailers who offer payment terms ranging from 0 to 30 days from the date of invoice. Standard payment terms for purchases from most other suppliers are 30 days. It is the company's policy to make all payments to agreed terms based on the timely receipt of a valid and accurate invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any Disputes would usually be resolved at the first point of contact within the business. Disputes not resolved at the first point of contact are escalated through line managers for further discussion and resolution.
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.
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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.
❌
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
UK FUELS LIMITED is an active private limited company operating within the fuels sector in the UK
This active private limited company was incorporated on 20 January 1988, operating from the North West region of the UK
Its registered office is located at Eurocard Centre Herald Park, Herald Drive, Crewe, Cheshire, CW1 6EG, under company number 02212080
Companies operating in the UK fuels sector typically specialise in the supply and distribution of various fuel types
These often include petrol, diesel, heating oil, and industrial lubricants to a range of commercial and domestic clients
