UK Payment Practices Report

Ernst & Young Nederland LLP payment practices report

PennyFetch rating based on government data:

Mostly on time

Companies House no. OC335595

This rating is PennyFetch’s own assessment derived from data self-reported by Ernst & Young Nederland LLP to the UK government.

This company’s most recent filing is from Jul 2024. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.

Avg. days to pay

24

UK median: 32

Outside agreed terms

16%

UK average: 24%

Trend

Getting faster

14 reports filed

Payment terms

30 to 45 days

Standard terms

Invoice payment breakdown

92%
Within 30 days: 92%31 to 60 days: 3%Over 60 days: 5%

How Ernst & Young Nederland LLP compares

Ernst & Young Nederland LLP takes an average of 24 days to pay its suppliers, which is 8 days faster than the UK median of 32 days across 9,336 reporting companies. 16% 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 45 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 2024 to Jun 20242416%92%5%
Jul 2023 to Dec 2023249%78%2%
Jan 2023 to Jun 20232432%92%3%
Jul 2022 to Dec 20226028%69%17%
Jan 2022 to Jun 20227242%53%20%
Jul 2021 to Dec 20212316%85%3%
Jan 2021 to Jun 20215529%58%28%
Jul 2020 to Dec 20203767%58%18%
Jan 2020 to Jun 20205348%53%18%
Jul 2019 to Dec 20192977%62%8%
Jan 2019 to Jun 201911687%60%25%
Jul 2018 to Dec 20183471%69%10%
Jan 2018 to Jun 20184584%56%8%
Jul 2017 to Dec 20175462%56%19%
Working with Ernst & Young Nederland LLP?

PennyFetch sends automatic payment reminders so you don’t have to chase. If they still don’t pay, it calculates statutory interest and generates a Letter Before Action as a PDF.

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Frequently asked questions

According to their most recent self-reported government filing, ERNST & YOUNG NEDERLAND LLP pays invoices in 24 days on average. 16% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Mostly on time" based on that data.

All payment statistics on this page are self-reported by Ernst & Young Nederland LLP 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 2024. 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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