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

Registered as SOCOTEC UK LIMITED. Company number 02880501. 17 payment practices reports on file, the latest for the period ending 30 June 2026, filed 13 July 2026.

49days on average to pay

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

In the reporting period from 1 January 2026 to 30 June 2026, Socotec UK Limited reported that it took an average of 49 days to pay its suppliers' invoices. It paid 19% of invoices within 30 days, 64% in 31 to 60 days and 17% after more than 60 days. It said 10% of invoices were not paid within the agreed terms.

That average is faster than 17% of the 6,220 companies whose latest report covers a period ending since May 2025. A year earlier, in the period to 30 June 2025, the average was 61 days, so it is 12 days faster now. It reported construction contracts in this period, with no retention clauses.

Average days to pay, report by report

30 64 Dec 2020 63 Jun 2021 63 Dec 2021 63 Jun 2022 53 Dec 2022 67 Jun 2023 56 Dec 2023 59 Jun 2024 70 Dec 2024 61 Jun 2025 56 Dec 2025 49 Jun 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
Jan to Jun 2026 13 Jul 2026 49 19%64%17%10% Report
Jul to Dec 2025 20 Feb 2026 56 13%63%24%20% Report
Jan to Jun 2025 15 Aug 2025 61 13%57%30%63% Report
Jul to Dec 2024 11 Aug 2025 70 5%56%39%76% Report
Jan to Jun 2024 23 Jul 2024 59 13%60%27%47% Report
Jul to Dec 2023 19 Mar 2024 56 18%58%24%45% Report
Jan to Jun 2023 20 Dec 2023 67 12%49%39%49% Report
Jul to Dec 2022 23 May 2023 53 18%59%23%51% Report
Jan to Jun 2022 28 Jul 2022 63 10%48%42%27% Report
Jul to Dec 2021 24 Jun 2022 63 7%55%38%44% Report
Jan to Jun 2021 1 Sep 2021 63 6%54%40%42% Report
Jul to Dec 2020 15 Feb 2021 64 7%50%43%34% Report
Jan to Jun 2020 30 Jul 2020 66 7%40%53%15% Report
Jul to Dec 2019 30 Jan 2020 66 4%48%48%39% Report
Jan to Jun 2019 21 Oct 2019 64 8%45%47%25% Report
Jul to Dec 2018 22 Jul 2019 61 10%45%45%24% Report
Jan to Jun 2018 30 Jul 2018 66 6%44%50%28% 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.