Otc Direct Limited payment practices report
PennyFetch rating based on government data:
Often outside termsCompanies House no. 03118885
This rating is PennyFetch’s own assessment derived from data self-reported by Otc Direct Limited to the UK government.
Avg. days to pay
43
UK median: 32
Outside agreed terms
37%
UK average: 24%
Trend
Getting slower
16 reports filed
Payment terms
30 days
Standard terms
Invoice payment breakdown
How Otc Direct Limited compares
Otc Direct Limited takes an average of 43 days to pay its suppliers, which is 11 days slower than the UK median of 32 days across 9,336 reporting companies. 37% 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 (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
| Period | Avg. days | % outside terms | % in 30d | % over 60d |
|---|---|---|---|---|
| Apr 2025 to Sept 2025 | 43 | 37% | 22% | 14% |
| Oct 2024 to Mar 2025 | 32 | 42% | 56% | 8% |
| Apr 2024 to Sept 2024 | 43 | 60% | 20% | 7% |
| Oct 2023 to Mar 2024 | 58 | 42% | 17% | 34% |
| Apr 2023 to Sept 2023 | 31 | 79% | 13% | 14% |
| Oct 2022 to Mar 2023 | 38 | 63% | 61% | 7% |
| Mar 2022 to Sept 2022 | 46 | 62% | 24% | 11% |
| Sept 2021 to Feb 2022 | 49 | 74% | 15% | 15% |
| Mar 2021 to Aug 2021 | 51 | 60% | 14% | 14% |
| Sept 2020 to Feb 2021 | 48 | 49% | 15% | 10% |
| Mar 2020 to Aug 2020 | 49 | 53% | 16% | 12% |
| Sept 2019 to Feb 2020 | 47 | 55% | 14% | 18% |
| Mar 2019 to Aug 2019 | 35 | 50% | 17% | 16% |
| Sept 2018 to Feb 2019 | 47 | 35% | 20% | 18% |
| Mar 2018 to Aug 2018 | 41 | 28% | 24% | 7% |
| Sept 2017 to Feb 2018 | 36 | 28% | 20% | 10% |
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 Otc Direct 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: Nov 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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