UK Payment Practices Report

Ig Design Group UK Limited payment practices report

PennyFetch rating based on government data:

Mostly outside terms

Companies House no. 02265899

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

This company’s most recent filing is from Oct 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 53 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

53

UK median: 32

Outside agreed terms

80%

UK average: 24%

Trend

Stable

13 reports filed

Payment terms

0 days

Standard terms

Invoice payment breakdown

13%
50%
37%
Within 30 days: 13%31 to 60 days: 50%Over 60 days: 37%

How Ig Design Group UK Limited compares

Ig Design Group UK Limited takes an average of 53 days to pay its suppliers, which is 21 days slower than the UK median of 32 days across 9,336 reporting companies. 80% 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, 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
Apr 2024 to Sept 20245380%13%37%
Oct 2023 to Mar 20245484%11%33%
Apr 2023 to Sept 20236188%9%48%
Oct 2022 to Mar 20235986%12%42%
Apr 2022 to Sept 20226286%11%50%
Oct 2021 to Mar 20226490%7%54%
Apr 2021 to Sept 20214882%13%40%
Oct 2020 to Mar 20215588%10%50%
Apr 2020 to Sept 20205388%8%50%
Oct 2019 to Mar 20204383%14%45%
Apr 2019 to Sept 20194576%17%40%
Oct 2018 to Mar 20195084%13%33%
Apr 2018 to Sept 20185582%14%41%
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Frequently asked questions

According to their most recent self-reported government filing, IG DESIGN GROUP UK LIMITED pays invoices in 53 days on average. 80% 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 Ig Design Group UK 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: Oct 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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