Magna Specialist Confectioners Limited payment practices report
PennyFetch rating based on government data:
Good payerCompanies House no. 01050340
This rating is PennyFetch’s own assessment derived from data self-reported by Magna Specialist Confectioners Limited to the UK government.
This company’s most recent filing is from Jan 2020. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.
Avg. days to pay
44
UK median: 32
Outside agreed terms
6%
UK average: 24%
Trend
Stable
4 reports filed
Payment terms
45 to 120 days
Standard terms
Invoice payment breakdown
How Magna Specialist Confectioners Limited compares
Magna Specialist Confectioners Limited takes an average of 44 days to pay its suppliers, which is 12 days slower than the UK median of 32 days across 9,336 reporting companies. 6% 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 (45 to 120 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 |
|---|---|---|---|---|
| Apr 2019 to Oct 2019 | 44 | 6% | 12% | 8% |
| Oct 2017 to Oct 2018 | 44 | 6% | 15% | 9% |
| Apr 2017 to Apr 2018 | 44 | 5% | 12% | 8% |
| Apr 2017 to Oct 2017 | 45 | 12% | 9% | 10% |
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All payment statistics on this page are self-reported by Magna Specialist Confectioners 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: Jan 2020. 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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