ERGEA UK AND IRELAND LIMITED posts an average payment time of 32 days, sitting just marginally above the standard 30-day benchmark. The majority of payments (73%) are settled within 30 days, while a further 23% fall within the 31–60 day band, indicating that most delays are moderate rather than severe. The 4% of payments exceeding 60 days suggests occasional but not systemic late payment behaviour.
With 31% of invoices classified as late, there is a meaningful degree of payment unpredictability that suppliers should account for in cash flow planning. However, the concentration of late payments in the 31–60 day range suggests delays are generally contained and do not frequently escalate into prolonged non-payment situations. The low proportion of over-60-day payments (4%) limits the risk of severe cash flow disruption, though the overall late rate remains a notable reliability concern.
ERGEA UK AND IRELAND LIMITED presents a moderate payment risk profile — acceptable for many suppliers but warranting caution for those with tighter liquidity requirements. Suppliers should consider building a 5–7 day payment buffer into payment terms or pricing structures to offset the 32-day average and the 31% late payment rate. Implementing clear invoice follow-up procedures at the 28-day mark and reviewing credit exposure limits periodically would provide practical risk mitigation when trading with this company.
| 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 | 30 Apr 2026 | 32 | 73% | 23% | 4% | 31% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Apr 2026 | 33 | 67% | 29% | 4% | 37% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from invoice date
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
Concerns will be considered by Finance and Procurement teams
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
ERGEA UK AND IRELAND LIMITED is a private limited company operating within the United Kingdom and Irish markets. The company's name indicates a focus on the UK and Ireland region, functioning as a formally registered commercial entity under Companies House.
The company was incorporated on 26 November 2001 and holds company registration number 04328629. Its registered office is located at Unit 4 Ely Road, Theale, Reading, England, RG7 4BQ, placing it within the South East region of England.
As a private limited company with over two decades of trading history, ERGEA UK AND IRELAND LIMITED operates under the legal framework governing private limited companies in the United Kingdom. The company is structured to conduct business across both the UK and Irish markets, as reflected in its corporate name.
The company maintains an active status with Companies House, confirming its continued operation and compliance with UK company law requirements.