Syncreon Automotive (uk) Ltd payment practices report
PennyFetch rating based on government data:
Mostly outside termsCompanies House no. 03012604
This rating is PennyFetch’s own assessment derived from data self-reported by Syncreon Automotive (uk) Ltd to the UK government.
This company’s most recent filing is from Feb 2019. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.
Avg. days to pay
58
UK median: 32
Outside agreed terms
89%
UK average: 24%
Trend
Getting faster
2 reports filed
Payment terms
30 to 60 days
Standard terms
Invoice payment breakdown
How Syncreon Automotive (uk) Ltd compares
Syncreon Automotive (uk) Ltd takes an average of 58 days to pay its suppliers, which is 26 days slower than the UK median of 32 days across 9,336 reporting companies. 89% 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 (30 to 60 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 |
|---|---|---|---|---|
| Jul 2018 to Dec 2018 | 58 | 89% | 27% | 61% |
| Jan 2018 to Jun 2018 | 67 | 78% | 11% | 73% |
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.
Get started freeFrequently asked questions
Related tools and guides
All payment statistics on this page are self-reported by Syncreon Automotive (uk) Ltd 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: Feb 2019. 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?
If you believe this data is incorrect, outdated, or needs additional context, please email corrections@pennyfetch.co.uk. We will review your request and update or add context to this page where appropriate.