SPP Pumps Limited demonstrates a notably slow payment profile, with an average payment time of 60 days and the majority of payments (51%) falling beyond the 60-day mark. Only 21% of invoices are settled within 30 days, indicating that prompt payment is the exception rather than the norm for this company. The data suggests a consistent pattern of extended payment cycles rather than isolated delays, pointing to a structural cash flow or process issue.
With 58% of payments classified as late and payments distributed unevenly across all three time bands, SPP Pumps Limited presents a high degree of payment unpredictability. The spread across early (21%), mid (28%), and overdue (51%) categories indicates inconsistent payment behaviour, making cash flow forecasting difficult for suppliers. This volatility significantly increases the risk of outstanding receivables and potential working capital strain for any business extending credit terms.
SPP Pumps Limited represents a high payment risk counterparty, with more than half of all invoices paid late and an average settlement time that already sits at the outer boundary of standard 60-day terms. Suppliers should consider implementing shorter payment terms (30 days net), requiring partial upfront payment, or applying credit limits to cap exposure. If trading is to continue on open credit terms, close invoice monitoring and proactive chasing from day 30 onwards are strongly advised.
| 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 Jan 2026 | 60 | 21% | 28% | 51% | 58% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 63 | 15% | 29% | 56% | 65% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 days from the end of the invoice month.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Longest standard payment period would be 90 Days end of invoice month.
Maximum contractual payment period agreed
120
A dispute may arise due to incorrect pricing or quantities, non-compliance with purchase order terms, defective or incomplete goods/services, or late or non-receipt of goods/services. The accounts payable (AP) team or receiving department will identify any discrepancies or issues. After the vendor has been notified, both parties will aim to resolve the dispute as soon as practicably possible. Unresolved disputes will be escalated to the Financial Controller or Chief Operating Officer where necessary. In exceptional cases, formal mediation or arbitration may be pursued in accordance with the company’s standard terms and condition of purchase.
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
SPP Pumps Limited is a private limited company operating within the pumps industry. The company's name clearly indicates its specialism in pump-related products and services, serving industrial, commercial, and infrastructure sectors across the United Kingdom.
The company is registered in England and Wales under company number 04839607 and was incorporated on 21 July 2003. Its registered office is located at Crucible Close, Mushet Industrial Park, Coleford, Gloucestershire, GL16 8PS, placing the business within the South West of England.
Companies of this type operating in the UK pumps sector typically supply, manufacture, and service a range of pumping equipment and systems. This includes centrifugal pumps, fire protection pump sets, and fluid handling solutions designed for applications in industries such as water treatment, oil and gas, building services, and fire suppression. Support services such as installation, maintenance, repair, and technical engineering are also characteristic offerings within this sector.
With over two decades of operation since its incorporation, SPP Pumps Limited is an established presence in the UK pumps and fluid handling market. The company's location within Mushet Industrial Park in Gloucestershire provides a dedicated base from which to serve its customer base across the region and beyond.