UK Payment Practices Report

Norse Commercial Services Limited payment practices report

PennyFetch rating based on government data:

Often outside terms

Companies House no. 02888808

This rating is PennyFetch’s own assessment derived from data self-reported by Norse Commercial Services Limited to the UK government.

Avg. days to pay

49

UK median: 32

Outside agreed terms

35%

UK average: 24%

Trend

Getting slower

15 reports filed

Payment terms

14 to 30 days

Standard terms

Invoice payment breakdown

63%
28%
Within 30 days: 63%31 to 60 days: 28%Over 60 days: 9%

How Norse Commercial Services Limited compares

Norse Commercial Services Limited takes an average of 49 days to pay its suppliers, which is 17 days slower than the UK median of 32 days across 9,336 reporting companies. 35% 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 30 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
Apr 2025 to Sept 20254935%63%9%
Oct 2024 to Mar 20252333%84%1%
Apr 2024 to Sept 20242035%87%0%
Oct 2023 to Mar 20242042%88%1%
Apr 2023 to Sept 20231843%90%1%
Oct 2022 to Mar 20231745%90%0%
Apr 2022 to Sept 20221846%89%0%
Oct 2021 to Mar 20221939%90%2%
Mar 2021 to Sept 20211842%90%0%
Sept 2020 to Mar 20211835%94%1%
Mar 2020 to Sept 20201545%95%0%
Oct 2019 to Mar 20202534%68%1%
Apr 2019 to Sept 20193852%51%6%
Oct 2018 to Mar 20195366%38%11%
Apr 2018 to Oct 20184161%40%6%
Working with Norse Commercial Services Limited?

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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Frequently asked questions

According to their most recent self-reported government filing, NORSE COMMERCIAL SERVICES LIMITED pays invoices in 49 days on average. 35% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Often outside terms" based on that data.

All payment statistics on this page are self-reported by Norse Commercial Services 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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