WJ NORTH LIMITED carries an average payment time of 53 days, which sits firmly in the upper half of the 31–60 day band and close to the 60-day threshold. The majority of payments (59%) settle within the 31–60 day window, while only 19% are paid within 30 days, indicating a consistent pattern of extended but not severely delayed settlement. The 22% of payments exceeding 60 days signals a recurring tail of slow payments that pushes the overall average above standard net-30 terms.
With 78% of payments falling beyond 30 days, WJ NORTH LIMITED demonstrates low compliance with typical short-term payment expectations, though the concentration in the 31–60 day band suggests a degree of predictability around that extended cycle. The 22% over-60-day share introduces meaningful variability, meaning suppliers should expect occasional significant delays rather than a clean, consistent payment schedule. The 3% formally classified as late adds a marginal but real risk of disputed or non-compliant payments that could require active follow-up.
WJ NORTH LIMITED presents a moderate-to-elevated payment risk profile, best suited to suppliers who can comfortably absorb 45–60 day cash flow gaps as a baseline expectation. Suppliers should price extended credit terms into their agreements and consider setting formal net-60 terms to align invoicing expectations with this company's actual payment behaviour. To mitigate risk, it is advisable to establish clear late-payment penalty clauses, monitor the over-60-day invoices closely, and request upfront deposits on larger orders.
| 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 Feb 2024 - 31 Jul 2024 | 30 Aug 2024 | 53 | 19% | 59% | 22% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Month end plus 35 days. Two suppliers month end plus 65 day terms
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
95
Finance team will contact relevant operational team to establish queries on supplies effecting payment, and liaise with supplier to effect either immediate payment, or reasons for query with supply
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
WJ NORTH LIMITED is a private limited company based in the West Midlands region of England. The company operates under a traditional private limited structure, providing the legal framework for conducting business activities within the United Kingdom.
The company is registered with Companies House under company number 02884681 and was incorporated on 5 January 1994, giving it over three decades of continuous operation. Its registered office is located at Unit 7 Brock Way, Knutton, Newcastle Under Lyme, Staffordshire, ST5 6AZ, and the company currently holds an active trading status.
Private limited companies of this nature operating from industrial unit premises in the West Midlands and Staffordshire area commonly provide trade, manufacturing, or service-based solutions to both commercial and private clients. The region has a strong heritage in engineering, construction, and industrial services, with businesses in this area supporting a wide range of sectors across the UK market.
With over thirty years since incorporation, WJ NORTH LIMITED represents an established presence within its local business community in Staffordshire and the wider West Midlands area.