UK Payment Practices Report

Symington's Limited payment practices report

PennyFetch rating based on government data:

Mostly outside terms

Companies House no. 02528254

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

This company’s most recent filing is from Sept 2018. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.

Avg. days to pay

72

UK median: 32

Outside agreed terms

93%

UK average: 24%

Trend

Stable

2 reports filed

Payment terms

30 to 90 days

Standard terms

Invoice payment breakdown

10%
27%
63%
Within 30 days: 10%31 to 60 days: 27%Over 60 days: 63%

How Symington's Limited compares

Symington's Limited takes an average of 72 days to pay its suppliers, which is 40 days slower than the UK median of 32 days across 9,336 reporting companies. 93% of their invoices fall outside the agreed payment terms, compared to a national average of 24%.

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
Feb 2018 to Aug 20187293%10%63%
Aug 2017 to Feb 20187091%13%59%
Working with Symington's 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, SYMINGTON'S LIMITED pays invoices in 72 days on average. 93% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Mostly outside terms" based on that data.

All payment statistics on this page are self-reported by Symington's 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: Sept 2018. 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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