Payment times › United Kingdom › Manufacturing
1,018 manufacturing filings · United Kingdom

How long do UK manufacturing companies take to pay suppliers?

Large UK manufacturing companies take a median of 45 days to pay supplier invoices, 14 days slower than the UK median of 31 days. The sector ranks 1 of 18, where 1 is the slowest payer.

Figures cover large UK companies paying all their suppliers.

45daysmedian to pay suppliers
1of 18slowest-paying rank
21%of invoices paid late
1,827insolvencies, last 12 months

Where does manufacturing rank?

Rank 1 of 18 by median days to pay, where 1 is the slowest. The dark bar is manufacturing.

How many invoices are paid late?

At the median company, 21% of invoices are paid late, 6 points above the UK figure of 15%.

How long do most take?

The middle half of companies pay in 34 to 57 days. A quarter take longer than 57 days.

How many invoices go past 60 days?

17% of invoices take more than 60 days at the median company, against 5% across the UK.

How many companies became insolvent?

1,827 manufacturing companies became insolvent in England and Wales over Sep 2025 to Aug 2026, rank 6 of 18 by number of cases. This is a count, not a rate.

Businesses that sell to manufacturing companies can compare these figures with their own debtor days, or check how fast a single customer pays. Paidnice is UK credit control software that sends reminders and adds late fees on overdue invoices in Xero or QuickBooks. For the wider picture, read the accounts receivable statistics for the UK.

Which manufacturing trades pay slowest?

Manufacture of other food products n.e.c. is the slowest trade at 54 days. Manufacture of electronic components is the fastest at 37 days.

Trade (SIC)Median daysMiddle halfPaid late
Manufacture of other food products n.e.c. (10890)27 companies5435 to 5917%
Manufacture of other plastic products (22290)28 companies46.537.2 to 53.221.5%
Other manufacturing n.e.c. (32990)57 companies4433 to 5518%
Manufacture of basic pharmaceutical products (21100)44 companies4431.5 to 51.529%
Manufacture of medical and dental instruments and supplies (32500)25 companies43.536.8 to 54.526%
Distilling, rectifying and blending of spirits (11010)20 companies43.536.5 to 63.821.5%
Manufacture of pharmaceutical preparations (21200)21 companies3831 to 5129%
Manufacture of electronic components (26110)23 companies3729.5 to 5412%

Cite: Paidnice (2026). UK manufacturing payment times. https://www.paidnice.com/payment-times/uk/manufacturing. Source: UK payment practices filings (March 2025 to August 2026), Companies House, Insolvency Service. Figures cover large UK companies paying all their suppliers.

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Questions

How long do UK manufacturing companies take to pay invoices?

Large UK manufacturing companies take a median of 45 days to pay supplier invoices, 14 days slower than the UK median of 31 days. The sector ranks 1 of 18, where 1 is the slowest payer.

What share of manufacturing invoices are paid late?

At the median manufacturing company, 21% of supplier invoices are not paid within the agreed terms. For all UK large companies the median is 15%.

How many manufacturing companies became insolvent in the last 12 months?

1,827 manufacturing companies entered insolvency in England and Wales in the 12 months to Aug 2026. That ranks 6 of 18 sectors by number of cases. This is a count, not a rate, so larger sectors have more cases.

Can I charge interest when a UK customer pays late?

Yes. The Late Payment of Commercial Debts (Interest) Act 1998 lets a business charge statutory interest of 8% a year above the Bank of England base rate on a late commercial invoice, plus fixed compensation of £40, £70 or £100 depending on the invoice amount.

Method and sources

The Reporting on Payment Practices and Performance Regulations 2017 require large UK companies and LLPs to report twice a year on how they pay suppliers. We took each company's latest filing with a period ending March 2025 to August 2026, matched it to its first SIC code on the Companies House register, and grouped companies by SIC section. Each company reports its own average days to pay. We take the median of those company averages, so one extreme filer cannot move the sector result. Trades and sectors publish only with 20 or more companies. Insolvency counts are Insolvency Service figures for England and Wales, Sep 2025 to Aug 2026, not seasonally adjusted.

Sources: UK payment practices service, Companies House, Insolvency Service. Contains public sector information licensed under the Open Government Licence v3.0. Download the sector and trade data (CSV).