Industry ranking
Score of 87.4/100 qualifies for PaymentCheck Certification
TAILSCO LIMITED demonstrates a strong trend of prompt payments, with an average time of 18 days and nearly four-fifths of invoices settled within 30 days. While generally efficient, an 11% late payment rate indicates a slight deviation from ideal promptness for a minority of invoices.
The payment profile shows moderate volatility, as 19% of payments fall into the 31-60 day window and 3% extend beyond 60 days. This indicates that while most payments are reliable, a small but notable percentage could experience significant delays, affecting cash flow predictability.
TAILSCO LIMITED generally presents a low payment risk due to its strong average payment time and high percentage of on-time payments. Suppliers should consider the 11% late rate and the small percentage of significantly delayed payments (3% over 60 days) when setting terms or managing cash flow expectations. Implementing clear payment terms and potentially escalating procedures for overdue invoices could further mitigate risks.
| 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 | 29 Jan 2026 | 18 | 79% | 16% | 5% | 13% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 18 | 78% | 19% | 3% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 19 | 76% | 20% | 4% | 15% |
| 01 Jan 2024 - 30 Jun 2024 | 17 Dec 2024 | 22 | 73% | 24% | 3% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Many of our stock contracts with our suppliers have payment terms of 60 days. Most other contracts have payment terms of 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Complaints are sent to either directly to the Finance team at accounts@tails.com or to the contact within the business, who forwards them to Finance. The invoice in question is reviewed and we respond to the complaint to explain the delay (e.g. if due to a dispute) or to notify them of a planned payment date. Complaints / follow-ups are usually responded to within a couple of working days.
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
Tailsco Limited is a private limited company incorporated in October 2013 and registered in Richmond, England. It remains active, having filed accounts up to 31 December 2024 and a confirmation statement in 2025. Companies House records its nature of business under SIC code 47910, retail sale via mail order houses or via the internet, with an associated industry classification of animal feed and pet food. No further detail on trading operations, products or brand names is available from the supplied evidence, so this summary is limited to the registered activity classification and corporate filing history held on the public record.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk