Zilch Technology Limited maintains an average payment time of 28 days, sitting just within the standard 30-day threshold, which suggests a general intent to meet typical payment terms. However, 26% of payments extend beyond 30 days, with 5% exceeding 60 days, indicating a recurring pattern of delayed settlements that suppliers should account for in cash flow planning. The concentration of payments in the 31–60 day band (21%) points to a consistent drift beyond agreed terms rather than isolated incidents.
A late payment rate of 44% is a significant reliability concern, meaning nearly half of all invoices are not settled on time despite the average payment time appearing acceptable on the surface. This discrepancy between the average and the late payment rate suggests that a segment of timely payments is masking a substantial volume of delayed transactions, creating unpredictable cash flow risk for suppliers. The 5% of payments exceeding 60 days, while relatively small in volume, introduces tail risk that may require active invoice chasing and credit control resources.
Zilch Technology Limited presents a moderate-to-elevated payment risk profile, suitable for engagement but requiring structured credit management controls. Suppliers should consider implementing payment terms no longer than 30 days, applying credit limits proportional to exposure, and monitoring ageing invoices closely given the 44% late payment rate. Requesting upfront deposits or shorter milestone-based payment schedules on larger contracts would be a prudent risk mitigation strategy.
| 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 Oct 2025 - 31 Mar 2026 | 30 Apr 2026 | 23 | 89% | 10% | 1% | 16% |
| 01 Apr 2025 - 30 Sept 2025 | 30 Apr 2026 | 28 | 74% | 21% | 5% | 44% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days
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 agreed contractually on a per supplier 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
Zilch Technology Limited is a private limited company operating within the technology sector, based in London. The company was established to deliver technology-focused products and services to its clients and partners.
Incorporated on 27 July 2018, Zilch Technology Limited is registered in England and Wales under company number 11488502. The company maintains its registered office at 111 Buckingham Palace Road, London, SW1W 0SR, positioning it in a prominent central London location.
Technology companies of this type operating in the UK market typically provide a range of digital solutions, software development, and technology services to business and consumer customers. Such organisations play an active role in the UK's growing technology sector, delivering innovation and technical expertise across a variety of industries.
Zilch Technology Limited holds active status with Companies House, confirming it remains a functioning and compliant registered business entity within the United Kingdom.