UK Payment Practices Report

Zenith Vehicle Contracts Limited payment practices report

PennyFetch rating based on government data:

Good payer

Companies House no. 02267701

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

This company’s most recent filing is from Apr 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

46

UK median: 32

Outside agreed terms

8%

UK average: 24%

Trend

Getting slower

6 reports filed

Payment terms

1 to 60 days

Standard terms

Invoice payment breakdown

18%
78%
Within 30 days: 18%31 to 60 days: 78%Over 60 days: 4%

How Zenith Vehicle Contracts Limited compares

Zenith Vehicle Contracts Limited takes an average of 46 days to pay its suppliers, which is 14 days slower than the UK median of 32 days across 9,336 reporting companies. 8% 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 (1 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

PeriodAvg. days% outside terms% in 30d% over 60d
Sept 2022 to Mar 2023468%18%4%
Jul 2021 to Jun 2022425%45%2%
Apr 2021 to Jun 2021417%19%3%
Apr 2020 to Mar 2021379%30%4%
Oct 2019 to Mar 2020372%27%2%
Apr 2019 to Sept 2019372%22%1%
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Frequently asked questions

According to their most recent self-reported government filing, ZENITH VEHICLE CONTRACTS LIMITED pays invoices in 46 days on average. 8% 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 Zenith Vehicle Contracts 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: Apr 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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