Marks Electrical Limited payment practices report
PennyFetch rating based on government data:
Often outside termsCompanies House no. 04463433
This rating is PennyFetch’s own assessment derived from data self-reported by Marks Electrical Limited to the UK government.
Avg. days to pay
42
UK median: 32
Outside agreed terms
32%
UK average: 24%
Trend
Stable
2 reports filed
Payment terms
30 to 60 days
Standard terms
Invoice payment breakdown
How Marks Electrical Limited compares
Marks Electrical Limited takes an average of 42 days to pay its suppliers, which is 10 days slower than the UK median of 32 days across 9,336 reporting companies. 32% 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 (30 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 |
|---|---|---|---|---|
| Apr 2025 to Sept 2025 | 42 | 32% | 25% | 8% |
| Apr 2024 to Mar 2025 | 44 | 9% | 21% | 9% |
PennyFetch sends automatic payment reminders so you don’t have to chase. If they still don’t pay, it calculates statutory interest and generates a Letter Before Action as a PDF.
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All payment statistics on this page are self-reported by Marks Electrical 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 2025. 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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