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Spencer Rail Engineering Limited

Registered as SPENCER RAIL ENGINEERING LIMITED. Company number 02334308. 17 payment practices reports on file, the latest for the period ending 30 September 2026, filed 29 October 2026.

46days on average to pay

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

In the reporting period from 1 April 2026 to 30 September 2026, Spencer Rail Engineering Limited reported that it took an average of 46 days to pay its suppliers' invoices. It paid 29% of invoices within 30 days, 43% in 31 to 60 days and 28% after more than 60 days. It said 42% of invoices were not paid within the agreed terms.

That average is faster than 21% of the 6,220 companies whose latest report covers a period ending since May 2025. A year earlier, in the period to 30 September 2025, the average was 43 days, so it is 3 days slower now. It reported construction contracts in this period, and said they include retention clauses at a standard rate of 5%.

Average days to pay, report by report

30 52 Mar 2021 47 Sep 2021 49 Mar 2022 53 Sep 2022 48 Mar 2023 60 Sep 2023 52 Mar 2024 51 Sep 2024 52 Mar 2025 43 Sep 2025 41 Mar 2026 46 Sep 2026

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
Apr to Sep 2026 29 Oct 2026 46 29%43%28%42% Report
Oct 2025 to Mar 2026 30 Apr 2026 41 33%48%19%40% Report
Apr to Sep 2025 16 Oct 2025 43 30%48%22%55% Report
Oct 2024 to Mar 2025 5 Jun 2025 52 23%42%35%72% Report
Apr to Sep 2024 4 Nov 2024 51 22%46%32%59% Report
Oct 2023 to Mar 2024 3 Jul 2024 52 21%47%32%71% Report
Apr to Sep 2023 1 Nov 2023 60 14%37%49%86% Report
Oct 2022 to Mar 2023 1 Aug 2023 48 30%47%23%43% Report
Apr to Sep 2022 19 Oct 2022 53 21%51%28%35% Report
Oct 2021 to Mar 2022 3 May 2022 49 26%52%22%50% Report
Apr to Sep 2021 18 Oct 2021 47 32%48%20%24% Report
Oct 2020 to Mar 2021 5 Oct 2021 52 24%48%29%55% Report
Apr to Sep 2020 14 Oct 2020 60 19%35%46%81% Report
Oct 2019 to Mar 2020 30 Apr 2020 71 14%32%54%89% Report
Apr to Sep 2019 30 Oct 2019 64 16%32%52%87% Report
Oct 2018 to Mar 2019 30 Apr 2019 65 17%34%49%81% Report
Apr to Sep 2018 25 Oct 2018 59 16%43%41%79% 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.