Redde PLC payment practices report
PennyFetch rating based on government data:
Mostly on timeCompanies House no. 03120010
This rating is PennyFetch’s own assessment derived from data self-reported by Redde PLC to the UK government.
Avg. days to pay
20
UK median: 32
Outside agreed terms
30%
UK average: 24%
Trend
Getting slower
17 reports filed
Payment terms
7 to 30 days
Standard terms
Invoice payment breakdown
How Redde PLC compares
Redde PLC takes an average of 20 days to pay its suppliers, which is 12 days faster than the UK median of 32 days across 9,336 reporting companies. 30% 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 (7 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
| Period | Avg. days | % outside terms | % in 30d | % over 60d |
|---|---|---|---|---|
| May 2025 to Oct 2025 | 20 | 30% | 83% | 0% |
| Nov 2024 to Apr 2025 | 25 | 30% | 72% | 13% |
| May 2024 to Oct 2024 | 19 | 7% | 93% | 0% |
| Nov 2023 to Apr 2024 | 16 | 6% | 95% | 0% |
| May 2023 to Oct 2023 | 21 | 11% | 89% | 2% |
| Nov 2022 to Apr 2023 | 23 | 19% | 84% | 7% |
| May 2022 to Oct 2022 | 20 | 23% | 79% | 3% |
| Nov 2021 to Apr 2022 | 17 | 16% | 86% | 1% |
| May 2021 to Oct 2021 | 16 | 19% | 86% | 0% |
| Nov 2020 to Apr 2021 | 15 | 12% | 91% | 1% |
| May 2020 to Oct 2020 | 19 | 27% | 77% | 2% |
| Jan 2020 to Apr 2020 | 24 | 30% | 72% | 3% |
| Jul 2019 to Dec 2019 | 21 | 23% | 82% | 3% |
| Jan 2019 to Jun 2019 | 20 | 27% | 86% | 3% |
| Jul 2018 to Dec 2018 | 22 | 16% | 74% | 3% |
| Jan 2018 to Jun 2018 | 16 | 16% | 91% | 1% |
| Jul 2017 to Dec 2017 | 14 | 19% | 87% | 1% |
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 Redde PLC 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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