UK Payment Practices Report

Nichols PLC payment practices report

PennyFetch rating based on government data:

Good payer

Companies House no. 00238303

This rating is PennyFetch’s own assessment derived from data self-reported by Nichols PLC to the UK government.

Avg. days to pay

32

UK median: 32

Outside agreed terms

0%

UK average: 24%

Trend

Stable

16 reports filed

Payment terms

21 to 90 days

Standard terms

Invoice payment breakdown

86%
14%
Within 30 days: 86%31 to 60 days: 14%Over 60 days: 0%

How Nichols PLC compares

Nichols PLC takes an average of 32 days to pay its suppliers, which is the same as 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%.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (21 to 90 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

PeriodAvg. days% outside terms% in 30d% over 60d
Jul 2025 to Dec 2025320%86%0%
Jan 2025 to Jun 2025320%84%0%
Jul 2024 to Dec 2024330%82%0%
Jan 2024 to Jun 2024330%83%0%
Jul 2023 to Dec 2023320%85%0%
Jan 2023 to Jun 2023320%89%0%
Jul 2022 to Dec 2022320%87%0%
Jan 2022 to Jun 2022320%86%0%
Jul 2021 to Dec 2021290%85%0%
Jan 2021 to Jun 2021330%83%0%
Jul 2020 to Dec 2020330%80%0%
Jan 2020 to Jun 2020330%82%0%
Jul 2019 to Dec 2019350%70%0%
Jan 2019 to Jun 2019340%76%0%
Jul 2018 to Dec 2018330%80%1%
Jan 2018 to Jun 2018340%74%1%
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Frequently asked questions

According to their most recent self-reported government filing, NICHOLS PLC pays invoices in 32 days on average. 0% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Good payer" based on that data.

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All payment statistics on this page are self-reported by Nichols PLC 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 2026. 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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