Speed Medical Examination Services Limited payment practices report
PennyFetch rating based on government data:
Mostly on timeCompanies House no. 03566725
This rating is PennyFetch’s own assessment derived from data self-reported by Speed Medical Examination Services Limited to the UK government.
This company’s most recent filing is from Mar 2021. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.
Avg. days to pay
133
UK median: 32
Outside agreed terms
27%
UK average: 24%
Trend
Getting slower
7 reports filed
Payment terms
30 to 360 days
Standard terms
Invoice payment breakdown
How Speed Medical Examination Services Limited compares
Speed Medical Examination Services Limited takes an average of 133 days to pay its suppliers, which is 101 days slower than the UK median of 32 days across 9,336 reporting companies. 27% 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 360 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 |
|---|---|---|---|---|
| Jun 2020 to Nov 2020 | 133 | 27% | 10% | 78% |
| Dec 2019 to May 2020 | 120 | 22% | 12% | 80% |
| Jun 2019 to Nov 2019 | 131 | 47% | 6% | 89% |
| Dec 2018 to May 2019 | 134 | 31% | 4% | 91% |
| Jun 2018 to Nov 2018 | 119 | 27% | 7% | 88% |
| Dec 2017 to May 2018 | 91 | 16% | 27% | 65% |
| Jun 2017 to Nov 2017 | 109 | 31% | 26% | 69% |
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 Speed Medical Examination Services 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: Mar 2021. 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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