UK Payment Practices Report

United Closures and Plastics Limited payment practices report

PennyFetch rating based on government data:

Mostly outside terms

Companies House no. SC119026

This rating is PennyFetch’s own assessment derived from data self-reported by United Closures and Plastics Limited to the UK government.

This company’s most recent filing is from Jul 2023. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.

Avg. days to pay

68

UK median: 32

Outside agreed terms

97%

UK average: 24%

Trend

Getting slower

10 reports filed

Payment terms

60 to 90 days

Standard terms

Invoice payment breakdown

30%
61%
Within 30 days: 8%31 to 60 days: 30%Over 60 days: 61%

How United Closures and Plastics Limited compares

United Closures and Plastics Limited takes an average of 68 days to pay its suppliers, which is 36 days slower than the UK median of 32 days across 9,336 reporting companies. 97% 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 (60 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
Jan 2023 to Jun 20236897%8%61%
Jul 2022 to Dec 20226398%11%62%
Jan 2022 to Jun 20226692%10%57%
Jul 2021 to Dec 20216190%11%51%
Jan 2021 to Jun 20216890%11%57%
Jul 2020 to Dec 20206287%10%54%
Jan 2020 to Jun 20206986%7%57%
Apr 2019 to Dec 20196184%9%50%
Oct 2018 to Mar 20196475%9%54%
Apr 2018 to Sept 20185875%31%37%
Working with United Closures and Plastics 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, UNITED CLOSURES AND PLASTICS LIMITED pays invoices in 68 days on average. 97% 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 United Closures and Plastics 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: Jul 2023. 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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