UK Payment Practices Report

Oakes Millers Limited payment practices report

PennyFetch rating based on government data:

Mostly on time

Companies House no. 00333467

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

This company’s most recent filing is from Jul 2019. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.

Avg. days to pay

45

UK median: 32

Outside agreed terms

23%

UK average: 24%

Trend

Getting slower

3 reports filed

Payment terms

0 to 80 days

Standard terms

Invoice payment breakdown

26%
55%
20%
Within 30 days: 26%31 to 60 days: 55%Over 60 days: 20%

How Oakes Millers Limited compares

Oakes Millers Limited takes an average of 45 days to pay its suppliers, which is 13 days slower than the UK median of 32 days across 9,336 reporting companies. 23% 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, 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
Sept 2018 to Feb 20194523%26%20%
Mar 2018 to Aug 20184423%31%19%
Sept 2017 to Feb 2018364%50%9%
Working with Oakes Millers 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, OAKES MILLERS LIMITED pays invoices in 45 days on average. 23% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Mostly on time" based on that data.

All payment statistics on this page are self-reported by Oakes Millers 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: Jul 2019. 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.

Is this your company?

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