Labex Analytics LLP payment practices report
PennyFetch rating based on government data:
Good payerCompanies House no. OC430544
This rating is PennyFetch’s own assessment derived from data self-reported by Labex Analytics LLP to the UK government.
This company’s most recent filing is from Feb 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
46
UK median: 32
Outside agreed terms
0%
UK average: 24%
Trend
Getting slower
7 reports filed
Payment terms
14 to 60 days
Standard terms
Invoice payment breakdown
How Labex Analytics LLP compares
Labex Analytics LLP takes an average of 46 days to pay its suppliers, which is 14 days slower than the UK median of 32 days across 9,336 reporting companies. 0% 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 (14 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
| Period | Avg. days | % outside terms | % in 30d | % over 60d |
|---|---|---|---|---|
| Jul 2023 to Dec 2023 | 46 | 0% | 40% | 22% |
| Jan 2023 to Jun 2023 | 16 | 0% | 94% | 1% |
| Jul 2022 to Dec 2022 | 19 | 0% | 82% | 1% |
| Jul 2022 to Dec 2022 | 13 | 0% | 95% | 2% |
| Jul 2021 to Dec 2021 | 16 | 0% | 90% | 4% |
| Jan 2021 to Jun 2021 | 14 | 0% | 93% | 2% |
| Jul 2020 to Dec 2020 | 26 | 0% | 74% | 10% |
PennyFetch tracks your invoices, sends automatic payment reminders, and calculates statutory interest if anything goes overdue.
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All payment statistics on this page are self-reported by Labex Analytics 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: Feb 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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