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

Ineos Enterprises Group Limited payment practices report

PennyFetch rating based on government data:

Often outside terms

Companies House no. 04687714

This rating is PennyFetch’s own assessment derived from data self-reported by Ineos Enterprises Group Limited 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.

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

UK median: 32

Outside agreed terms

43%

UK average: 24%

Trend

Getting slower

13 reports filed

Payment terms

0 to 130 days

Standard terms

Invoice payment breakdown

15%

43%

42%

Within 30 days: 15%31 to 60 days: 43%Over 60 days: 42%

How Ineos Enterprises Group Limited compares

Ineos Enterprises Group Limited 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. 43% 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

Period	Avg. days	% outside terms	% in 30d	% over 60d
Jan 2024 to Jun 2024	59	43%	15%	42%
Jul 2023 to Dec 2023	65	27%	13%	46%
Jan 2023 to Jan 2023	77	34%	11%	56%
Jul 2022 to Dec 2022	73	47%	11%	55%
Jan 2022 to Jun 2022	68	50%	7%	56%
Jul 2021 to Jul 2021	64	51%	11%	49%
Jan 2021 to Jun 2021	63	53%	11%	47%
Jul 2020 to Dec 2020	57	41%	14%	43%
Jan 2020 to Jun 2020	55	38%	15%	41%
Jul 2019 to Dec 2019	58	42%	14%	43%
Jan 2019 to Jun 2019	56	43%	17%	41%
Jul 2018 to Dec 2018	49	28%	25%	35%
Jan 2018 to Jun 2018	47	29%	25%	32%

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Frequently asked questions

According to their most recent self-reported government filing, INEOS ENTERPRISES GROUP LIMITED pays invoices in 59 days on average. 43% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Often outside terms" based on that data.

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All payment statistics on this page are self-reported by Ineos Enterprises Group 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: 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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