30 Fair PaymentHow fast UK companies pay their suppliers
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GKN Freight Services Limited

Registered as GKN FREIGHT SERVICES LIMITED. Company number 00056211. 4 payment practices reports on file, the latest for the period ending 31 December 2023, filed 30 January 2024.

71days on average to pay

  • Within 30 days
  • 31 to 60 days
  • Over 60 days

In the reporting period from 1 July 2023 to 31 December 2023, GKN Freight Services Limited reported that it took an average of 71 days to pay its suppliers' invoices. It paid 11% of invoices within 30 days, 39% in 31 to 60 days and 50% after more than 60 days. It said 9% of invoices were not paid within the agreed terms.

A year earlier, in the period to 31 December 2022, the average was 66 days, so it is 5 days slower now.

This company has not filed a report for a period ending since May 2025, so it is not in our current tables. Companies stop reporting when they no longer meet the size test, are restructured or close.

Average days to pay, report by report

30 60 Jun 2022 66 Dec 2022 67 Jun 2023 71 Dec 2023

Bars are labelled with the month the period ended. The dashed line marks 30 days.

Every report filed

PeriodFiledAverage daysWithin 30 days31 to 60Over 60Not within termsSource
Jul to Dec 2023 30 Jan 2024 71 11%39%50%9% Report
Jan to Jun 2023 27 Jul 2023 67 12%40%48%12% Report
Jul to Dec 2022 16 Jan 2023 66 13%43%44%12% Report
Jan to Jun 2022 23 Jul 2022 60 16%45%39%14% Report

Source: the company's filings on Check payment practices. Contains public sector information licensed under the Open Government Licence v3.0. Figures are as filed. We do not change them.