The data shows that there has been no significant change in the average time taken for PRUTEC LIMITED to pay invoices to suppliers over the past 3 years. The company has maintained an average time to pay within 30 days, with a slight increase in the percentage of invoices paid between 31 and 60 days.
The volatility of PRUTEC LIMITED's payment patterns can be seen in the fluctuation of the percentage of invoices paid within 30 days, which ranges from 70% to 90% over the past 3 years. This indicates that the company's payment practices are not consistent and can vary significantly from period to period.
From the data provided, it can be seen that there has been no significant change in the average time taken for PRUTEC LIMITED to pay invoices to suppliers over the past 3 years. The company has maintained an average time to pay within 30 days, with a slight increase in the percentage of invoices paid between 31 and 60 days. This shows that the company has been able to maintain a timely payment schedule, but there is room for improvement in paying invoices within the agreed terms.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | |||||
| 01 Jul 2020 - 01 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 |
PRUTEC LIMITED is an active private limited company, incorporated on 18 July 1980, based in the West Midlands region. Registered business activity: Financial intermediation not elsewhere classified.
From Companies House records.