UK Payment Practices Report

I.g. Industries Public Limited Company payment practices report

PennyFetch rating based on government data:

Good payer

Companies House no. 02228238

This rating is PennyFetch’s own assessment derived from data self-reported by I.g. Industries Public Limited Company to the UK government.

This company’s most recent filing is from Nov 2021. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.

Avg. days to pay

33

UK median: 32

Outside agreed terms

1%

UK average: 24%

Trend

Stable

9 reports filed

Payment terms

7 to 60 days

Standard terms

Invoice payment breakdown

37%
56%
Within 30 days: 37%31 to 60 days: 56%Over 60 days: 7%

How I.g. Industries Public Limited Company compares

I.g. Industries Public Limited Company takes an average of 33 days to pay its suppliers, which is 1 days slower than the UK median of 32 days across 9,336 reporting companies. 1% of their invoices fall outside the agreed payment terms, compared to a national average of 24%.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (7 to 60 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
May 2021 to Oct 2021331%37%7%
Nov 2020 to Apr 2021331%41%6%
May 2020 to Oct 2020331%37%8%
Nov 2019 to Apr 2020311%39%7%
May 2019 to Oct 2019321%34%6%
Nov 2018 to Apr 2019341%31%7%
May 2018 to Oct 2018351%30%7%
Nov 2017 to Apr 2018341%33%7%
May 2017 to Oct 2017351%31%9%
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Frequently asked questions

According to their most recent self-reported government filing, I.G. INDUSTRIES PUBLIC LIMITED COMPANY pays invoices in 33 days on average. 1% 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 I.g. Industries Public Limited Company 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: Nov 2021. 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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