ROXEL (UK ROCKET MOTORS) LIMITED demonstrates a clear concentration of payments in the 31-60 day window, with 74% of invoices settled within this band and an average payment time of 51 days. Only 13% of payments are made within 30 days, indicating that early settlement is not a standard practice for this company. The 13% of payments exceeding 60 days suggests occasional but notable delays beyond their typical cycle.
With 17% of payments classified as late, there is a moderate but meaningful level of payment risk that suppliers should account for in cash flow planning. The strong concentration in the 31-60 day band does provide a degree of predictability, suggesting that most transactions follow a consistent pattern around the 51-day average. However, the 13% over-60-day tail introduces enough variability to warrant attention, particularly for suppliers with tighter liquidity requirements.
ROXEL presents a moderate-risk payment profile — broadly predictable but with a late payment rate of 17% that suppliers should factor into credit terms and working capital planning. Suppliers are advised to set payment expectations around 45-60 days rather than standard 30-day terms to align with this company's typical behaviour. To mitigate risk, consider including contract clauses for statutory late payment interest and monitoring invoice aging closely once the 45-day threshold is approached.
| 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 | 23 Jan 2026 | 51 | 13% | 74% | 13% | 17% |
| 01 Jan 2025 - 30 Jun 2025 | 16 Jul 2025 | 54 | 17% | 65% | 18% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
End of month + 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
62
N/A
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
ROXEL (UK ROCKET MOTORS) LIMITED is an active private limited company, incorporated on 24 September 2002, based in the West Midlands region. Registered business activity: Other manufacturing not elsewhere classified.
From Companies House records.