The data for GERRARD MANAGEMENT SERVICES LIMITED shows a consistent trend of decreasing average time to pay invoices over the past three periods.
The data for GERRARD MANAGEMENT SERVICES LIMITED shows a relatively low volatility in the percentage of invoices paid within 30 days, with a range of 5.6% over the past three periods. The volatility for invoices paid between 31 and 60 days is slightly higher, with a range of 7.8%, but also shows a decreasing trend. The most volatile metric is the percentage of invoices paid later than 60 days, with a range of 13.9% over the past three periods.
From Jan 2018 to Jun 2018, GERRARD MANAGEMENT SERVICES LIMITED saw a significant improvement in their payment process, with the average time to pay decreasing by 8.3 days, or 23.8%. This improvement is reflected in the increase of invoices paid within 30 days by 8.1%, and the decrease in invoices paid later than 60 days by 10.2%. However, there was a slight increase in invoices paid between 31 and 60 days by 2.1%.
| 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 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 |
GERRARD MANAGEMENT SERVICES LIMITED is a dissolved private limited company, incorporated on 20 October 1987, based in the West Midlands region. Registered business activity: Activities of financial services holding companies.
From Companies House records.