MICROLISE LIMITED carries an average payment time of 51 days, placing the majority of payments firmly in the 31–60 day bracket, which accounts for 56% of all transactions. Only 20% of invoices are settled within the standard 30-day window, indicating a consistent pattern of extended payment cycles rather than isolated delays. The 24% of payments exceeding 60 days further confirms that late settlement is a structural behaviour rather than an occasional occurrence.
With a late payment rate of 94%, MICROLISE LIMITED presents an exceptionally high and consistent risk profile, leaving virtually no room for suppliers to rely on prompt settlement. The spread across multiple payment bands — from under 30 days to over 60 days — suggests some variability in when payments ultimately arrive, making cash flow forecasting difficult for suppliers. This unpredictability, combined with the near-universal rate of lateness, significantly undermines payment reliability.
MICROLISE LIMITED represents a high-risk payment partner, and suppliers should take proactive measures before entering or extending credit arrangements with this company. It is strongly advisable to negotiate shorter payment terms contractually, apply late payment interest clauses, or require partial upfront payment to offset the near-certain risk of delayed settlement. Suppliers with tight cash flow requirements or limited tolerance for debtor risk should exercise particular caution and consider adjusting pricing to account for the cost of extended credit.
| 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 Jan 2025 - 30 Jun 2025 | 16 Dec 2025 | 51 | 20% | 56% | 24% | 94% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 60 days EOM. Alternative terms may be agreed on a supplier-by-supplier basis based on the nature of the contract or supplier needs. We aim to ensure, that where possible, invoices are processed accurately and in a timely manner.
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
90
Disputes are resolved by negotiation involving the relevant parties. To explicate, any queries identified by our Accounts Payable team will be shared with our internal Procurement team, who in turn will reach out to the supplier to resolve the relevant query. Only upon a mutually agreed resolution, will the invoice be paid.
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
Microlise Limited is a private limited company operating in the technology and transport sector. The company specialises in fleet management and telematics solutions, serving businesses across the United Kingdom and beyond.
Incorporated on 21 March 1995, Microlise Limited has operated for nearly three decades as an established presence in the UK market. The company is registered under company number 03037936 and maintains its registered office at Farrington Way, Eastwood, Nottingham, NG16 3AG, placing it firmly within the East Midlands region.
As a provider of fleet management and telematics technology, Microlise delivers solutions that assist transport operators in monitoring vehicle performance, driver behaviour, and operational efficiency. Such organisations typically offer software platforms, hardware integration, and data analytics tools designed to support compliance, safety, and cost management across commercial vehicle fleets.
With its roots in the East Midlands, Microlise Limited represents a long-standing example of a technology business serving the UK transport and logistics industry. The company continues to operate as an active entity, maintaining its registered status with Companies House.