Large UK mining and quarrying companies take a median of 32 days to pay supplier invoices, 1 days slower than the UK median of 31 days. The sector ranks 7 of 18, where 1 is the slowest payer.
Figures cover large UK companies paying all their suppliers.
Rank 7 of 18 by median days to pay, where 1 is the slowest. The dark bar is mining and quarrying.
At the median company, 12% of invoices are paid late, 3 points below the UK figure of 15%.
The middle half of companies pay in 24 to 47 days. A quarter take longer than 47 days.
4% of invoices take more than 60 days at the median company, against 5% across the UK.
23 mining and quarrying companies became insolvent in England and Wales over Sep 2025 to Aug 2026, rank 18 of 18 by number of cases. This is a count, not a rate.
Businesses that sell to mining and quarrying 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.
Support activities for petroleum and natural gas extraction is the slowest trade at 34.5 days. Extraction of crude petroleum is the fastest at 29 days.
| Trade (SIC) | Median days | Middle half | Paid late |
|---|---|---|---|
| Support activities for petroleum and natural gas extraction (09100)32 companies | 34.5 | 23 to 50.2 | 34% |
| Extraction of crude petroleum (06100)55 companies | 29 | 18 to 32.2 | 9% |
Cite: Paidnice (2026). UK mining and quarrying payment times. https://www.paidnice.com/payment-times/uk/mining. Source: UK payment practices filings (March 2025 to August 2026), Companies House, Insolvency Service. Figures cover large UK companies paying all their suppliers.
Large UK mining and quarrying companies take a median of 32 days to pay, and 12% of invoices run late. Paidnice sends the reminders and adds the late fees in Xero or QuickBooks, so you do not have to chase.
Large UK mining and quarrying companies take a median of 32 days to pay supplier invoices, 1 days slower than the UK median of 31 days. The sector ranks 7 of 18, where 1 is the slowest payer.
At the median mining and quarrying company, 12% of supplier invoices are not paid within the agreed terms. For all UK large companies the median is 15%.
23 mining and quarrying companies entered insolvency in England and Wales in the 12 months to Aug 2026. That ranks 18 of 18 sectors by number of cases. This is a count, not a rate, so larger sectors have more cases.
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.
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).