Ward Security Limited demonstrates a solid average payment time of 27 days, comfortably within the standard 30-day benchmark, suggesting a generally disciplined payment culture. The majority of payments (58%) are settled within 30 days, with a significant secondary cluster of 41% falling in the 31-60 day range, indicating that while most payments are prompt, a substantial portion extends into the secondary payment window. The near-absence of payments beyond 60 days (1%) and zero recorded late payments points to a consistently managed, if occasionally extended, payment cycle.
The 41% share of payments in the 31-60 day band introduces a meaningful degree of unpredictability, meaning suppliers should anticipate that roughly four in ten invoices will not be settled within the initial 30-day window. However, the complete absence of late payments and the negligible 1% over-60-day rate significantly reduces the risk of serious cash flow disruption for suppliers. Overall reliability is moderate-to-high, with the primary risk being timing uncertainty rather than non-payment or chronic delays.
Ward Security Limited presents a low-risk payment profile overall, making it a viable and reasonably dependable customer for most suppliers. The key decision factor is the 41% late-window payment rate, which suppliers with tighter cash flow requirements should factor into their working capital planning. As a risk mitigation measure, suppliers are advised to align payment terms to 45 days where operationally feasible, and to issue early payment reminders at the 25-day mark to encourage settlement within the preferred 30-day window.
| 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 | 04 Mar 2026 | 27 | 58% | 41% | 1% | 0% |
| 01 Jan 2025 - 30 Jun 2025 | 04 Mar 2026 | 31 | 49% | 48% | 3% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days on receipt
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
45
Escalation initially to PO owner. Then to FC and FD.
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
Ward Security Limited is a private limited company operating within the security sector in the United Kingdom. The company provides professional security services to businesses and organisations across its operating regions.
Ward Security Limited is registered at Companies House under company number 05607258 and holds active status. The company was incorporated on 31 October 2005 and is based in the South East of England, with its registered office located at Fitted Rigging House, The Historic Dockyard, Chatham, Kent, ME4 4TZ.
Security companies of this type in the UK market typically provide a range of services including manned guarding, mobile patrols, access control, and concierge security. These organisations serve clients across commercial, industrial, retail, and public sector environments, delivering tailored security solutions designed to protect people, assets, and premises.
With over two decades of operation, Ward Security Limited represents an established presence within the UK's private security industry, which is regulated by the Security Industry Authority (SIA). Companies of this nature are required to adhere to strict licensing and compliance standards to operate legally within Great Britain.