UK Payment Practices Report

Rwg (repair & Overhauls) Limited payment practices report

PennyFetch rating based on government data:

Good payer

Companies House no. SC120673

This rating is PennyFetch’s own assessment derived from data self-reported by Rwg (repair & Overhauls) Limited to the UK government.

This company’s most recent filing is from Jan 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

42

UK median: 32

Outside agreed terms

12%

UK average: 24%

Trend

Getting slower

10 reports filed

Payment terms

7 to 90 days

Standard terms

Invoice payment breakdown

32%
63%
Within 30 days: 32%31 to 60 days: 63%Over 60 days: 5%

How Rwg (repair & Overhauls) Limited compares

Rwg (repair & Overhauls) Limited takes an average of 42 days to pay its suppliers, which is 10 days slower than the UK median of 32 days across 9,336 reporting companies. 12% 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 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
Jul 2023 to Dec 20234212%32%5%
Jan 2022 to Jun 20224314%33%5%
Jul 2021 to Dec 20214414%30%5%
Jan 2021 to Jun 20214416%30%5%
Jul 2020 to Dec 20204618%30%7%
Jan 2020 to Jun 20204415%31%6%
Jul 2019 to Dec 20194214%33%4%
Jan 2019 to Jun 20194419%32%6%
Jul 2018 to Dec 20184012%36%3%
Jan 2018 to Jun 20182917%61%2%
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Frequently asked questions

According to their most recent self-reported government filing, RWG (REPAIR & OVERHAULS) LIMITED pays invoices in 42 days on average. 12% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Good payer" based on that data.

All payment statistics on this page are self-reported by Rwg (repair & Overhauls) 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: Jan 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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