SOLSTOR UK LIMITED maintains an average payment time of 30 days, with 56% of invoices settled within the standard 30-day window, indicating a broadly acceptable but inconsistent payment pattern. A significant 42% of payments fall within the 31-60 day bracket, suggesting a habitual tendency to extend beyond agreed terms rather than an occasional anomaly. The 2% over 60 days is relatively contained, indicating extreme delays are rare but the overall pattern leans toward the later end of acceptable timelines.
With 30% of payments classified as late, SOLSTOR UK LIMITED presents a moderate-to-elevated reliability concern for suppliers dependent on predictable cash flow. The concentration of payments in the 31-60 day band points to a systematic rather than random delay pattern, suggesting structural cash flow management issues rather than isolated incidents. This level of payment volatility introduces meaningful working capital risk, particularly for suppliers operating on tighter margins or shorter credit cycles.
SOLSTOR UK LIMITED carries a moderate payment risk profile that warrants careful consideration before extending standard credit terms, given that nearly one in three invoices is paid late. Suppliers should consider implementing tighter credit limits, shorter payment terms of 14-21 days to offset the habitual delay pattern, or requiring partial upfront payment to reduce exposure. Regular account monitoring and clear escalation procedures for overdue invoices are advisable given the demonstrated tendency toward 31-60 day settlement cycles.
| 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 | 07 May 2026 | 30 | 56% | 42% | 2% | 30% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms can be: - 7 days - 14 days - 30 days - End of month plus 21 days - End of month plus 30 days
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
61
We aim to resolve disputes promptly and collaboratively. Suppliers are asked to notify any dispute or query as soon as it arises, either through their normal business contact or our accounts payable function. All disputes are logged, reviewed, and investigated promptly. We actively engage with suppliers to obtain any additional information required and aim to resolve disputes without undue delay. Once a dispute has been resolved, payment is made in accordance with the agreed contractual terms.
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
SOLSTOR UK LIMITED is a private limited company operating within the United Kingdom. The company's name suggests a focus on storage solutions, and it is structured as a limited liability organisation under UK company law.
Incorporated on 20 September 1999, SOLSTOR UK LIMITED has been an active and established business for over two decades. The company is registered under company number 03844260 and is located in the South East of England, with its registered office at Thames House, Thames Road, Crayford, Kent, DA1 4QP.
Companies operating in the storage solutions sector in the UK typically provide services and products such as self-storage facilities, warehousing, logistics support, and storage management systems. Businesses and individual customers across the South East rely on such organisations for secure and efficient storage of goods, equipment, and materials.
With its long-standing presence since 1999 and its base in Crayford, Kent, SOLSTOR UK LIMITED is well positioned within the South East's commercial landscape, serving the storage needs of both residential and business clients in the region.