Spirax-sarco Engineering PLC payment practices report
PennyFetch rating based on government data:
Mostly outside termsCompanies House no. 00596337
This rating is PennyFetch’s own assessment derived from data self-reported by Spirax-sarco Engineering PLC to the UK government.
This company has short standard payment terms and pays invoices in 39 days on average. The “outside terms” percentage reflects how often invoices exceed those short terms, not slow payment in absolute terms.
Avg. days to pay
39
UK median: 32
Outside agreed terms
67%
UK average: 24%
Trend
Getting slower
17 reports filed
Payment terms
0 to 90 days
Standard terms
Invoice payment breakdown
How Spirax-sarco Engineering PLC compares
Spirax-sarco Engineering PLC takes an average of 39 days to pay its suppliers, which is 7 days slower than the UK median of 32 days across 9,336 reporting companies. 67% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been getting worse over time based on historical filings.
The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms, not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.
Payment history
| Period | Avg. days | % outside terms | % in 30d | % over 60d |
|---|---|---|---|---|
| Jul 2025 to Dec 2025 | 39 | 67% | 45% | 17% |
| Jan 2025 to Jun 2025 | 37 | 67% | 49% | 11% |
| Jan 2025 to Jun 2025 | 37 | 68% | 48% | 11% |
| Jul 2024 to Dec 2024 | 31 | 85% | 49% | 4% |
| Jan 2024 to Jun 2024 | 31 | 85% | 53% | 4% |
| Jul 2023 to Dec 2023 | 32 | 80% | 50% | 4% |
| Jan 2023 to Jun 2023 | 34 | 86% | 45% | 6% |
| Jul 2022 to Dec 2022 | 30 | 84% | 60% | 5% |
| Jan 2022 to Jun 2022 | 31 | 89% | 51% | 4% |
| Jul 2021 to Dec 2021 | 29 | 83% | 57% | 3% |
| Jan 2021 to Jun 2021 | 32 | 86% | 45% | 4% |
| Jul 2020 to Dec 2020 | 31 | 78% | 48% | 4% |
| Jan 2020 to Jun 2020 | 33 | 85% | 41% | 4% |
| Jul 2019 to Dec 2019 | 32 | 81% | 51% | 5% |
| Jan 2019 to Jun 2019 | 32 | 94% | 49% | 4% |
| Jul 2018 to Dec 2018 | 32 | 92% | 48% | 3% |
| Jan 2018 to Jun 2018 | 32 | 21% | 54% | 6% |
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All payment statistics on this page are self-reported by Spirax-sarco Engineering PLC to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.
Most recent report filed: Jan 2026. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.
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