| 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 Mar 2019 - 31 Aug 2019 | 21 Oct 2019 | 45 | 8% | 83% | 9% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are negotiated with suppliers along with other terms of trade
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
75
THE RELEVANT SUPPLIER WILL BE CONTACTED WITH A VIEW TO RESOLVING ANY PAYMENT ISSUES AS SOON AS POSSIBLE. WE DO NOT WAIT FOR THE SUPPLIER TO CONTACT US.
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
Tesla Engineering Limited is a private limited company registered in Storrington, Sussex, incorporated in 1993 under the earlier name Grandrecord Limited before adopting its current name later that year. Companies House records its nature of business under SIC code 28990, manufacture of other special-purpose machinery not elsewhere classified. The company remains active, with its most recent accounts made up to February 2025 and its latest confirmation statement dated August 2026. No further detail on specific products, markets or operational scale is available from the supplied evidence, so this summary is limited to the classification and registration facts on file.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk