What can I do if a supplier pays me late?

If a company pays you late, you have the legal right to charge statutory interest at 8% plus the Bank of England base rate under the Late Payment of Commercial Debts Act 1998. You can also claim fixed compensation of £40 to £100 per invoice. PennyFetch can calculate exactly what you are owed and send reminders automatically.

Where does this payment data come from?

This data is self-reported by companies to the UK government Payment Practices Reporting service. Large UK companies are legally required to report how quickly they pay their suppliers every six months. The data is published under the Open Government Licence. PennyFetch republishes this data and adds its own rating classifications.

What can I do if a supplier pays me late?

If a company pays you late, you have the legal right to charge statutory interest at 8% plus the Bank of England base rate under the Late Payment of Commercial Debts Act 1998. You can also claim fixed compensation of £40 to £100 per invoice. PennyFetch can calculate exactly what you are owed and send reminders automatically.

Where does this payment data come from?

This data is self-reported by companies to the UK government Payment Practices Reporting service. Large UK companies are legally required to report how quickly they pay their suppliers every six months. The data is published under the Open Government Licence. PennyFetch republishes this data and adds its own rating classifications.

UK Payment Practices Report

Bmb Clothing Limited payment practices report

PennyFetch rating based on government data:

Mostly outside terms

Companies House no. 04090249

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

This company’s most recent filing is from Jan 2025. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.

This company has short standard payment terms and pays invoices in 18 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

UK median: 32

Outside agreed terms

60%

UK average: 24%

Trend

Getting faster

13 reports filed

Payment terms

0 to 60 days

Standard terms

Invoice payment breakdown

88%

11%

Within 30 days: 88%31 to 60 days: 11%Over 60 days: 1%

How Bmb Clothing Limited compares

Bmb Clothing Limited takes an average of 18 days to pay its suppliers, which is 14 days faster than the UK median of 32 days across 9,336 reporting companies. 60% 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, 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
Jun 2024 to Dec 2024	18	60%	88%	1%
Dec 2023 to Jun 2024	20	65%	82%	4%
Jul 2023 to Dec 2023	38	66%	48%	19%
Jan 2023 to Jul 2023	43	72%	45%	27%
Jul 2022 to Jan 2023	61	76%	52%	27%
Jan 2022 to Jul 2022	48	80%	46%	28%
May 2021 to Jan 2022	55	82%	38%	31%
Aug 2020 to May 2021	28	84%	66%	12%
Feb 2020 to Aug 2020	27	64%	72%	17%
Aug 2019 to Feb 2020	41	90%	44%	26%
Feb 2019 to Aug 2019	53	91%	40%	31%
Aug 2018 to Feb 2019	57	89%	32%	37%
Feb 2018 to Aug 2018	46	74%	43%	28%

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Frequently asked questions

According to their most recent self-reported government filing, BMB CLOTHING LIMITED pays invoices in 18 days on average. 60% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Mostly outside terms" based on that data.

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All payment statistics on this page are self-reported by Bmb Clothing 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: Jan 2025. 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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