What can I do if a supplier pays me late?

If a company pays you late, you have the legal right to charge statutory interest at 8% plus the Bank of England base rate under the Late Payment of Commercial Debts Act 1998. You can also claim fixed compensation of £40 to £100 per invoice. PennyFetch can calculate exactly what you are owed and send reminders automatically.

Where does this payment data come from?

This data is self-reported by companies to the UK government Payment Practices Reporting service. Large UK companies are legally required to report how quickly they pay their suppliers every six months. The data is published under the Open Government Licence. PennyFetch republishes this data and adds its own rating classifications.

What can I do if a supplier pays me late?

If a company pays you late, you have the legal right to charge statutory interest at 8% plus the Bank of England base rate under the Late Payment of Commercial Debts Act 1998. You can also claim fixed compensation of £40 to £100 per invoice. PennyFetch can calculate exactly what you are owed and send reminders automatically.

Where does this payment data come from?

This data is self-reported by companies to the UK government Payment Practices Reporting service. Large UK companies are legally required to report how quickly they pay their suppliers every six months. The data is published under the Open Government Licence. PennyFetch republishes this data and adds its own rating classifications.

UK Payment Practices Report

Protherics UK Limited payment practices report

PennyFetch rating based on government data:

Often outside terms

Companies House no. 03464264

This rating is PennyFetch’s own assessment derived from data self-reported by Protherics UK 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.

This company has short standard payment terms and pays invoices in 28 days on average. The “outside terms” percentage reflects how often invoices exceed those short terms, not slow payment in absolute terms.

Avg. days to pay

UK median: 32

Outside agreed terms

43%

UK average: 24%

Trend

Getting faster

13 reports filed

Payment terms

0 to 60 days

Standard terms

Invoice payment breakdown

72%

25%

Within 30 days: 72%31 to 60 days: 25%Over 60 days: 3%

How Protherics UK Limited compares

Protherics UK Limited takes an average of 28 days to pay its suppliers, which is 4 days faster than the UK median of 32 days across 9,336 reporting companies. 43% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been improving 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

Period	Avg. days	% outside terms	% in 30d	% over 60d
Jan 2024 to Jun 2024	28	43%	72%	3%
Jul 2023 to Dec 2023	27	43%	76%	2%
Jan 2023 to Jun 2023	28	46%	72%	3%
Jul 2022 to Dec 2022	27	43%	75%	2%
Jan 2022 to Jun 2022	28	48%	71%	2%
Jul 2021 to Dec 2021	29	43%	71%	4%
Jan 2021 to Jun 2021	28	40%	74%	3%
Jul 2020 to Dec 2020	29	30%	73%	5%
Jan 2020 to Jun 2020	30	33%	70%	4%
Oct 2019 to Dec 2019	26	24%	78%	4%
Apr 2019 to Sept 2019	32	35%	70%	5%
Oct 2018 to Mar 2019	33	36%	74%	5%
Apr 2018 to Sept 2018	36	60%	56%	8%

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Frequently asked questions

According to their most recent self-reported government filing, PROTHERICS UK LIMITED pays invoices in 28 days on average. 43% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Often outside terms" based on that data.

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Your late payment rights

What UK law says about overdue invoices.

All payment statistics on this page are self-reported by Protherics UK 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.

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