SPEEDY SUPPORT SERVICES LIMITED
Company Information
- Company Number
- 02479218
- Registered Address
- Chase House 16 The Parks, Newton Le Willows, Merseyside, WA12 0JQ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 March 1990
- Nature of Business
- 77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SPEEDY SUPPORT SERVICES LIMITED exhibits a clear trend of delayed payments, with an average payment time of 58 days. Only 24% of invoices are settled within 30 days, while a substantial 45% extend beyond 60 days, indicating a consistent trajectory towards very slow payment cycles.
Volatility Analysis
Payment reliability is low, as only 24% of invoices are paid within standard 30-day terms and 31% are classified as late overall. The wide distribution, with 45% of payments exceeding 60 days, indicates significant unpredictability and a high risk of extended cash flow cycles for suppliers.
Summary Analysis
Suppliers should anticipate substantial payment delays from SPEEDY SUPPORT SERVICES LIMITED, given the 58-day average and 45% of payments exceeding 60 days. It is advisable to build extended payment terms into pricing models or consider requiring partial upfront payments to mitigate cash flow risk. Proactive communication and diligent follow-up on invoices will be crucial for managing this supplier relationship effectively.
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 | 31 Oct 2025 | 58 | 24% | 31% | 45% | 31% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 63 | 16% | 31% | 53% | 26% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 61 | 24% | 28% | 48% | 27% |
| 01 Sept 2023 - 31 Mar 2024 | 30 Apr 2024 | 60 | 22% | 29% | 49% | 11% |
| 01 Apr 2023 - 30 Sept 2023 | 27 Oct 2023 | 52 | 25% | 36% | 39% | 15% |
| 01 Oct 2022 - 31 Mar 2023 | 30 Apr 2023 | 46 | 43% | 26% | 31% | 36% |
| 01 Apr 2022 - 30 Sept 2022 | 03 Oct 2022 | 49 | 27% | 40% | 33% | 25% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 58 | 34% | 33% | 33% | 20% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 45 | 37% | 27% | 36% | 13% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 47 | 30% | 39% | 31% | 13% |
| 01 Apr 2020 - 30 Sept 2020 | 03 Nov 2020 | 48 | 36% | 26% | 38% | 24% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 45 | 34% | 41% | 25% | 19% |
| 01 Apr 2019 - 30 Sept 2019 | 04 Nov 2019 | 47 | 27% | 48% | 25% | 15% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 44 | 35% | 36% | 29% | 17% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 43 | 34% | 42% | 24% | 22% |
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 Company negotiates payment terms with each supplier during the procurement process. As a result, payment terms vary by supplier. The most common payment term in place is 30 days from month end although payment terms range from payment on receipt to 60 days from month end.
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
240
Dispute Resolution Process
Supplier invoices and payments are managed by the Payment Services team at Chase House, 16 The Parks, Newton-le-Willows, WA12 0JQ. Disputed invoices will be notified to the supplier by the Payment Services team to ensure that they are investigated and resolved in a timely manner. Invoiced items that are subject to dispute will not be paid until resolution of the dispute, whereupon payment shall be made in accordance with this policy.
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
SPEEDY SUPPORT SERVICES LIMITED is an active private limited company
Its name specifies its business as providing support services
Incorporated on 9 March 1990, the company operates with company number 02479218
Its registered office is located at Chase House 16 The Parks, Newton Le Willows, Merseyside, WA12 0JQ, within the North West region of the UK
In the UK market, private limited companies specialising in support services typically offer a range of functions designed to assist other businesses
These can include administrative support, IT assistance, facilities management, or various back-office operations to streamline client activities
