PLANTFORCE RENTALS LTD consistently processes payments with an average time of 43 days, indicating a trend to pay beyond standard 30-day terms. A significant majority (90%) of payments are completed within 60 days, split between 41% within 30 days and 49% between 31-60 days.
While the company demonstrates good reliability for eventual payment with only 1% classified as truly "late," there is some predictability risk with 10% of payments extending beyond 60 days. This suggests that while most invoices are settled within two months, a notable portion may experience extended payment cycles, impacting immediate cash flow projections.
PLANTFORCE RENTALS LTD is a moderately reliable payer, generally settling invoices within a 30-60 day window, with very few instances of outright late payments. Suppliers should anticipate an average payment period of 43 days and consider extending standard net-30 terms or adjusting credit limits to mitigate the risk posed by the 10% of invoices that may exceed 60 days.
| 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 | 23 Apr 2026 | 46 | 15% | 68% | 17% | 30% |
| 01 Apr 2025 - 30 Sept 2025 | 22 Oct 2025 | 44 | 18% | 67% | 15% | 35% |
| 01 Oct 2024 - 31 Mar 2025 | 22 Apr 2025 | 43 | 41% | 49% | 10% | 1% |
| 01 Apr 2024 - 30 Sept 2024 | 23 Oct 2024 | 45 | 44% | 39% | 17% | 32% |
| 01 Oct 2023 - 31 Mar 2024 | 23 Oct 2024 | 45 | 39% | 46% | 15% | 30% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days eom
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
210
Escalation to Senior Management
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
PLANTFORCE RENTALS LTD is an active private limited company. It specialises in the rental of plant equipment.
The company, incorporated on 15 January 1992, operates under company number 02677625. Its registered office is situated in the South West of England, specifically at Plantforce Rentals Ltd Bristol Depot, Winterstoke Road, Weston Super Mare, BS23 3YW.
Companies specialising in plant rental in the UK typically provide a comprehensive range of heavy machinery for hire. These services cater to sectors such as construction, civil engineering, and infrastructure, offering equipment like excavators, dumpers, and telehandlers.
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