KNAPP U.K. LIMITED demonstrates a strong average payment time of 18 days, well within standard 30-day terms, indicating a generally prompt payment culture. The overwhelming majority of payments — 96% — are settled within 30 days, with only 3% falling into the 31–60 day bracket and a minimal 1% exceeding 60 days. This distribution suggests a consistently fast payment trajectory with very limited exposure to extended delays.
Despite the strong average payment speed, the 17% late payment rate introduces a notable reliability concern, suggesting that a meaningful proportion of invoices are not being honoured strictly on time even if they are ultimately paid quickly. This discrepancy between average payment speed and late payment frequency may indicate occasional internal process delays, disputed invoices, or administrative inconsistencies rather than systemic financial difficulty. Suppliers should treat this as a moderate predictability risk, particularly for cash-flow-sensitive transactions.
Overall, KNAPP U.K. LIMITED presents a low-to-moderate risk profile, making them a broadly acceptable trading partner for most suppliers, supported by fast average settlement and negligible long-term overdue balances. However, the 17% late payment rate warrants attention and suppliers should consider building clear invoice escalation procedures and payment reminder cycles into their accounts receivable process. Setting net-30 payment terms with proactive follow-up at day 25 would help mitigate the risk of late payments while leveraging the company's demonstrated capacity to pay quickly.
| 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 | 17 Apr 2026 | 18 | 96% | 3% | 1% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Unless otherwise agreed in writing between the parties, all payments shall be made net within 30 days of receipt of invoice and after fulfilment of all requirements stated in the purchase order. Unless otherwise agreed by KNAPP, payments shall become due only after the SUPPLIER has submitted all required (payment) guarantees. Payments by KNAPP shall not represent acceptance of the correctness of the delivery, documentation and/or services rendered, and thus do not represent a waiver by KNAPP of its right to assert claims for non-performance on any legal grounds.
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
Any disputes arising in connection with or as a consequence of the contractual relationship, and should these not be settled mutually within 30 days, shall be finally resolved in accordance with the rules of arbitration of the International Chamber of Commerce (ICC) by one arbitrator nominated in accordance with these rules. The seat of the arbitral court shall be in London. The language of the proceedings shall be English but this clause shall not prevent KNAPP initiating proceedings in the courts of England and Wales.
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
KNAPP U.K. LIMITED is registered in England and Wales, incorporated in 1997. It was previously named Logistics and Automation Limited and, before that, Peaco No.67 Limited. Companies House records list its nature of business as repair of machinery. Company records show past directors of Austrian nationality alongside UK-based directors, consistent with the company operating as the UK arm of an overseas group. The company remains active, with a registered office in Chalgrove, Oxfordshire, and continues to file accounts and confirmation statements. No further detail on trading activity, products or services is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk