Score of 84.35/100 qualifies for PaymentCheck Certification
APCOA PARKING (UK) LIMITED demonstrates a relatively strong core payment performance, with 78% of invoices settled within 30 days and an average payment time of 21 days, well within standard net-30 terms. However, the 20% of payments falling in the 31-60 day band indicates a notable secondary payment cycle that extends beyond agreed terms for a significant portion of transactions. The 2% of payments exceeding 60 days represents a marginal tail risk, suggesting the majority of delays are contained within a recoverable timeframe.
The late payment rate of 23% introduces a meaningful degree of unpredictability, meaning roughly one in four invoices will not be settled on time, which can create cash flow planning challenges for suppliers. The spread across payment bands — 78% within 30 days, 20% at 31-60 days, and 2% beyond 60 days — points to an inconsistent internal approval or processing cycle rather than a systemic liquidity problem. Overall reliability is moderate; while severe delinquency is rare, suppliers should not assume timely payment as a default outcome.
APCOA PARKING (UK) LIMITED presents a moderate-risk payment profile that is broadly acceptable for most supplier relationships, provided terms and credit exposure are managed carefully. Suppliers should consider building a payment buffer into cash flow forecasts to account for the 23% late payment rate and the likelihood of some invoices running into the 31-60 day window. To mitigate risk, it is advisable to enforce clear invoice terms, monitor aging receivables proactively, and consider shorter payment terms or early payment incentives to encourage on-time settlement.
| 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 Jul 2025 - 31 Dec 2025 | 01 Apr 2026 | 19 | 81% | 16% | 3% | 29% |
| 01 Jan 2025 - 30 Jun 2025 | 01 Apr 2026 | 21 | 78% | 20% | 2% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from receipt of a valid invoice is the most commonly used in our business.Other individually agreed terms are where we have a number of suppliers with immediate payment terms, 7 days, 14 days and 45 days as well.
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
60
The most significant causes of delayed payment by value were: • Held pending project completion or contractual terms • Invoice on hold pending credit notes or dispute resolution • Missing or incorrect purchase order information These delays primarily reflect contractual compliance checks, invoice validation requirements, and agreed commercial terms, rather than systemic late-payment practices.
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
APCOA Parking (UK) Limited is the main operating company of the APCOA Parking group in the UK. It operates car park facilities, including pre-booking, season tickets and pay-by-phone parking through the APCOA Connect app, at city centre locations, rail stations, shopping centres and airports such as Heathrow, Luton, Aberdeen, Leeds Bradford and Dublin. The company also provides electric vehicle charging points, blue badge accessible parking, and handles payment or appeal of parking charge notices. It is part of a wider corporate group that also includes separate facilities management and parking holding companies.
Generated from the company's website and Companies House records. Sources: apcoa.co.uk · apcoa.co.uk