Score of 93.6/100 qualifies for PaymentCheck Certification
The average time taken for THE KAY GROUP (UK HOLDINGS) LTD to pay invoices has remained consistent at 27 days from November 2017 to October 2020. However, there has been a slight increase to 30 days from November 2021 to October 2023.
The percentage of invoices paid within 30 days has remained consistently high at 98% throughout all periods. There has been a slight increase in the percentage of invoices paid later than 60 days from 1% in November 2017 to October 2020 to 1.1% in November 2021 to October 2023. The percentage of invoices not paid within agreed terms has also remained low at 1% throughout all periods.
From November 2017 to October 2020, THE KAY GROUP (UK HOLDINGS) LTD consistently paid invoices within an average of 27 days, with 98% of invoices paid within 30 days and only 1% paid later than 60 days. There was a slight increase in the average time taken to pay invoices from November 2021 to October 2023, but the percentage of invoices paid within 30 days and not paid within agreed terms remained consistent at 98% and 1%, respectively.
| 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 Nov 2025 - 30 Apr 2026 | 21 May 2026 | 23 | 85% | 15% | 0% | 0% |
| 01 May 2025 - 31 Oct 2025 | 06 Nov 2025 | 31 | 99% | 1% | 0% | 0% |
| 01 Nov 2024 - 30 Apr 2025 | 15 May 2025 | 30 | 99% | 1% | 0% | 0% |
| 01 May 2024 - 31 Oct 2024 | 18 Nov 2024 | 30 | 98% | 1% | 1% | 1% |
| 01 Nov 2023 - 30 Apr 2024 | 28 May 2024 | 30 | 97% | 1% | 1% | 1% |
| 01 May 2023 - 31 Oct 2023 | 18 Dec 2023 | 30 | 97% | 1% | 1% | 1% |
| 01 Nov 2022 - 30 Apr 2023 | 30 May 2023 | 30 | 98% | 1% | 1% | 0% |
| 01 May 2022 - 31 Oct 2022 | 20 Dec 2022 | 30 | 98% | 1% | 1% | 0% |
| 01 Nov 2021 - 30 Apr 2022 | 31 May 2022 | 31 | 98% | 1% | 1% | 0% |
| 01 May 2021 - 31 Oct 2021 | 24 Nov 2021 | 27 | 98% | 1% | 1% | 0% |
| 01 Nov 2020 - 30 Apr 2021 | 08 Jun 2021 | 27 | 98% | 1% | 1% | 0% |
| 01 May 2020 - 31 Oct 2020 | 12 Mar 2021 | 27 | 98% | 1% | 1% | 1% |
| 01 May 2019 - 31 Oct 2019 | 30 Dec 2019 | 27 | 98% | 1% | 1% | 1% |
| 01 Nov 2018 - 30 Apr 2019 | 06 Aug 2019 | 27 | 98% | 1% | 1% | 1% |
| 01 May 2018 - 31 Oct 2018 | 17 Dec 2018 | 27 | 98% | 1% | 1% | 1% |
| 01 Nov 2017 - 30 Apr 2018 | 27 Sept 2018 | 27 | 98% | 1% | 1% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Most suppliers are nett monthly Some are 60 days A very small number (mainly very small suppliers) we pay by return
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
60
Disputes are resolved on a case by case basis
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
The Kay Group (UK Holdings) Ltd is a holding entity registered in Blackburn, Lancashire, within the wider Kay Group. Companies House lists its activity as that of a holding company, so it does not itself trade with customers. The operating group, founded in 1972 and family owned, describes itself as one of the North West's leading petrol retailers, running 24 hour forecourts across around 24 locations with BP, Shell and Texaco fuel, alongside convenience retail through Londis, Costa, Greggs and Subway partnerships. The group also operates Intack Self Drive, a vehicle hire business offering cars, vans, minibuses and trucks. This entity's own role is as a holding company sitting above these trading operations.
Generated from the company's website and Companies House records. Sources: thekaygroup.co.uk · thekaygroup.co.uk