UK Payment Practices Report

Bestway National Chemists Limited payment practices report

PennyFetch rating based on government data:

Good payer

Companies House no. 09225457

This rating is PennyFetch’s own assessment derived from data self-reported by Bestway National Chemists Limited to the UK government.

This company’s most recent filing is from Jul 2022. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.

Avg. days to pay

39

UK median: 32

Outside agreed terms

2%

UK average: 24%

Trend

Getting faster

7 reports filed

Payment terms

30 to 90 days

Standard terms

Invoice payment breakdown

72%
26%
Within 30 days: 72%31 to 60 days: 2%Over 60 days: 26%

How Bestway National Chemists Limited compares

Bestway National Chemists Limited 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. 2% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been improving over time based on historical filings.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (30 to 90 days), 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

PeriodAvg. days% outside terms% in 30d% over 60d
Jan 2022 to Jun 2022392%72%26%
Jul 2021 to Dec 20214141%66%31%
Jan 2021 to Jun 2021414%64%32%
Jul 2020 to Dec 2020415%64%32%
Jan 2020 to Jun 2020415%63%33%
Jul 2019 to Dec 2019427%59%35%
Jan 2019 to Jun 2019484%41%56%
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Frequently asked questions

According to their most recent self-reported government filing, BESTWAY NATIONAL CHEMISTS LIMITED pays invoices in 39 days on average. 2% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Good payer" based on that data.

All payment statistics on this page are self-reported by Bestway National Chemists Limited 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: Jul 2022. 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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