UK Payment Practices Report

Wessex Garages Holdings Limited payment practices report

PennyFetch rating based on government data:

Good payer

Companies House no. 02639755

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

This company’s most recent filing is from May 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

12

UK median: 32

Outside agreed terms

5%

UK average: 24%

Trend

Getting faster

10 reports filed

Payment terms

0 days

Standard terms

Invoice payment breakdown

82%
17%
Within 30 days: 82%31 to 60 days: 17%Over 60 days: 1%

How Wessex Garages Holdings Limited compares

Wessex Garages Holdings Limited takes an average of 12 days to pay its suppliers, which is 20 days faster than the UK median of 32 days across 9,336 reporting companies. 5% 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, 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
Oct 2023 to Mar 2024125%82%1%
Apr 2023 to Sept 20231710%74%2%
Oct 2022 to Mar 20231012%83%2%
Apr 2022 to Sept 20221616%77%2%
Oct 2021 to Mar 2022911%82%2%
Apr 2021 to Sept 2021129%81%1%
Oct 2020 to Mar 20211787%73%3%
Apr 2020 to Sept 20201932%61%26%
Oct 2019 to Mar 20201314%75%2%
Apr 2019 to Sept 2019199%74%1%
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Frequently asked questions

According to their most recent self-reported government filing, WESSEX GARAGES HOLDINGS LIMITED pays invoices in 12 days on average. 5% 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 Wessex Garages Holdings 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: May 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.

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