30 Fair PaymentHow fast UK companies pay their suppliers
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Timet UK Limited

Registered as TIMET UK LIMITED. Company number 00530589. 11 payment practices reports on file, the latest for the period ending 30 June 2023, filed 30 October 2023.

60days on average to pay

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

In the reporting period from 1 January 2023 to 30 June 2023, Timet UK Limited reported that it took an average of 60 days to pay its suppliers' invoices. It paid 17% of invoices within 30 days, 16% in 31 to 60 days and 67% after more than 60 days. It said 8% of invoices were not paid within the agreed terms.

A year earlier, in the period to 30 June 2022, the average was 74 days, so it is 14 days faster 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 70 Jun 2018 67 Dec 2018 70 Jun 2019 73 Dec 2019 77 Jun 2020 83 Dec 2020 81 Jun 2021 75 Dec 2021 74 Jun 2022 64 Dec 2022 60 Jun 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
Jan to Jun 2023 30 Oct 2023 60 17%16%67%8% Report
Jul to Dec 2022 30 Oct 2023 64 22%15%63%13% Report
Jan to Jun 2022 26 Aug 2022 74 12%12%76%17% Report
Jul to Dec 2021 26 Aug 2022 75 9%14%77%25% Report
Jan to Jun 2021 26 Aug 2022 81 10%12%78%33% Report
Jul to Dec 2020 29 Jan 2021 83 12%9%79%30% Report
Dec 2019 to Jun 2020 28 Jul 2020 77 8%9%83%33% Report
Jun to Dec 2019 29 Jan 2020 73 15%11%74%18% Report
Dec 2018 to Jun 2019 1 Aug 2019 70 8%13%80%20% Report
Jul to Dec 2018 30 Jan 2019 67 11%13%76%20% Report
Jan to Jun 2018 30 Jul 2018 70 8%15%77%11% 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.