UK Payment Practices Report

Pirelli UK Tyres Limited payment practices report

PennyFetch rating based on government data:

Often outside terms

Companies House no. 02622111

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

This company’s most recent filing is from Oct 2024. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.

Avg. days to pay

73

UK median: 32

Outside agreed terms

35%

UK average: 24%

Trend

Getting slower

12 reports filed

Payment terms

30 to 90 days

Standard terms

Invoice payment breakdown

11%
44%
45%
Within 30 days: 11%31 to 60 days: 44%Over 60 days: 45%

How Pirelli UK Tyres Limited compares

Pirelli UK Tyres Limited takes an average of 73 days to pay its suppliers, which is 41 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 (30 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
Jan 2024 to Jul 20247335%11%45%
Jul 2023 to Dec 20237130%11%44%
Jan 2023 to Jul 20234131%12%39%
Jan 2022 to Jun 20226825%12%44%
Jul 2021 to Dec 20216131%11%35%
Jan 2021 to Jun 20216920%8%45%
Jul 2020 to Dec 20207227%15%35%
Jan 2020 to Jun 20207340%9%49%
Jul 2019 to Dec 20196641%8%44%
Jan 2019 to Jun 20196825%10%44%
Jul 2018 to Dec 20186423%9%44%
Jan 2018 to Jun 20186821%5%44%
Working with Pirelli UK Tyres 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, PIRELLI UK TYRES LIMITED pays invoices in 73 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 Pirelli UK Tyres 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 2024. 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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