POWELL ENGINEERING UK LIMITED maintains an average payment time of 31 days, sitting marginally beyond the standard 30-day threshold. The majority of payments (61%) are settled within 30 days, however a significant 37% fall within the 31-60 day band, indicating a consistent pattern of slight payment delays rather than isolated incidents. The minimal 2% over 60 days suggests extreme late payment is not a material concern.
The late payment rate of 43% represents a notable reliability risk, meaning nearly half of all invoices are not settled on agreed terms, which could create cash flow pressure for suppliers. The concentration of payments in the 31-60 day band points to a predictable but systematically delayed payment behaviour rather than erratic or unpredictable settlement patterns. This consistency, while somewhat reassuring in terms of predictability, confirms that standard 30-day payment terms are routinely not being met.
POWELL ENGINEERING UK LIMITED presents a moderate payment risk profile — payments are typically made and rarely fall severely overdue, but suppliers should expect routine delays beyond agreed terms on a significant proportion of invoices. Suppliers operating on tight cash flow margins should consider negotiating extended payment terms of 45 days to better align contractual terms with actual payment behaviour. Implementing proactive invoice follow-up at day 25 and including late payment interest clauses within contracts would serve as practical risk mitigation measures.
| 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 Jul 2025 - 31 Dec 2025 | 27 Jan 2026 | 31 | 61% | 37% | 2% | 43% |
| 01 Jan 2025 - 30 Jun 2025 | 26 Sept 2025 | 36 | 38% | 37% | 25% | 48% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days end of month from the date of the invoice
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
Disputed payments are escalated to management and any contractual dispute resolution procedure is followed
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
Powell Engineering UK Limited is a private limited company operating within the engineering sector in the United Kingdom. The business is based in Yorkshire and serves the UK market under a corporate structure that provides the company with limited liability status.
The company was incorporated on 7 October 1999 and is registered in England and Wales under company number 03854782. Its registered office is located at Unit 1 Valencia Park, Gilcar Way, Castleford, West Yorkshire, WF10 5QS, placing it within a well-established industrial area of West Yorkshire. The company maintains an active status on the Companies House register.
Engineering companies of this type in the UK typically provide a range of technical services and solutions to both commercial and industrial clients. These services commonly include mechanical engineering, design and fabrication, installation, and maintenance work across various sectors. Such businesses play an important role in supporting the infrastructure and manufacturing base of the UK economy.
With over two decades of incorporation, Powell Engineering UK Limited represents an established presence within the Yorkshire engineering community. The company's longevity reflects its position as a continuing business entity within the UK's engineering industry.