UK Payment Practices Report

Gymshark Ltd payment practices report

PennyFetch rating based on government data:

Mostly outside terms

Companies House no. 08130873

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

This company’s most recent filing is from Dec 2024. 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 59 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

59

UK median: 32

Outside agreed terms

61%

UK average: 24%

Trend

Getting slower

3 reports filed

Payment terms

0 to 90 days

Standard terms

Invoice payment breakdown

27%
32%
41%
Within 30 days: 27%31 to 60 days: 32%Over 60 days: 41%

How Gymshark Ltd compares

Gymshark Ltd takes an average of 59 days to pay its suppliers, which is 27 days slower than the UK median of 32 days across 9,336 reporting companies. 61% 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

PeriodAvg. days% outside terms% in 30d% over 60d
Feb 2024 to Jul 20245961%27%41%
Aug 2023 to Jan 20245056%33%29%
Feb 2023 to Jul 20233864%35%24%
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Frequently asked questions

According to their most recent self-reported government filing, GYMSHARK LTD pays invoices in 59 days on average. 61% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Mostly outside terms" based on that data.

All payment statistics on this page are self-reported by Gymshark Ltd 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: Dec 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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