USAY BUSINESS LTD
Company Information
- Company Number
- 06463920
- Registered Address
- Usay House, 5 Hercules Court Lakeside Business Park, Broadway Lane, South Cerney, Cirencester, Gloucestershire, England, GL7 5XZ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 4 January 2008
- Nature of Business
- 66220 - Activities of insurance agents and brokers
- Industries
- Coming Soon
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
A significant majority (77%) of payments from USAY BUSINESS LTD are completed within the standard 30-day term, aligning with their reported average payment time of 30 days. This demonstrates a generally consistent payment pattern, with a strong tendency to meet contractual obligations promptly. However, a notable 27% of payments extend beyond the 30-day mark, indicating a subset of delayed payments.
Volatility Analysis
While 77% of payments are reliable within 30 days, the 27% late payment rate introduces some moderate predictability concerns for suppliers. The majority of these late payments (22%) fall into the 31-60 day range, suggesting a more predictable, albeit extended, payment period for a segment of invoices rather than erratic delays. Critically, only 1% of payments extend beyond 60 days, indicating a very low risk of extremely prolonged delays or severe payment issues.
Summary Analysis
Overall, USAY BUSINESS LTD presents a low-to-moderate payment risk, primarily due to its strong on-time payment record and manageable late payment distribution. Suppliers should factor in the 22% chance of payments extending into the 31-60 day window, which represents the primary area of payment variance. For risk mitigation, consider clear invoicing procedures, possibly offering small early payment discounts, or structuring credit terms to account for the potential moderate delays.
Performance Reports History
| 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 Jan 2025 - 30 Jun 2025 | 22 Jul 2025 | 30 | 77% | 22% | 1% | 27% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
All undisputed payments will be made within 30 days of receipt of a correct, valid and complete 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
90
Dispute Resolution Process
Complaints by suppliers are generally resolved through an escalated good faith negotiation procedure. Any resolution is specific to and agreed upon with each supplier
Other Payment Information
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
USAY BUSINESS LTD is an active private limited company, signifying its operation as a commercial business entity engaged in business activities. This structure allows the company to operate within the UK market with limited liability.
The company was incorporated on 4 January 2008 and operates under company number 06463920. Its registered office is located at Usay House, 5 Hercules Court Lakeside Business Park, Broadway Lane, South Cerney, Cirencester, Gloucestershire, England, GL7 5XZ, placing its operational base within the South West region of England.
As a private limited company, USAY BUSINESS LTD is legally structured to engage in a broad spectrum of commercial activities. This company type enables the provision of diverse services or products across various market sectors within the UK.
