The average time taken for PARAGON BANKING GROUP PLC to pay invoices to suppliers has fluctuated over the past three periods. It increased from 2017-10-01 to 2020-03-31, decreased from 2020-04-01 to 2021-03-31, and then increased again from 2021-04-01 to 2023-09-30.
The volatility of PARAGON BANKING GROUP PLC's average time to pay invoices has been moderate over the past three periods, with fluctuations of approximately 5-10%.
From 2021-04-01 to 2023-09-30, PARAGON BANKING GROUP PLC had the highest average time to pay invoices at 36.2 days. The best period for the company was from 2020-04-01 to 2021-03-31, with an average time of 32.2 days. In both 2018-10-01 to 2019-03-31 and 2019-04-01 to 2019-09-30, the company had an average time of 34.2 days.
| 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 Apr 2023 - 30 Sept 2023 | 27 Oct 2023 | |||||
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | |||||
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | |||||
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | |||||
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | |||||
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | |||||
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | |||||
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | |||||
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | |||||
| 01 Oct 2018 - 31 Mar 2019 | 15 Apr 2019 | |||||
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | |||||
| 01 Oct 2017 - 31 Mar 2018 | 27 Apr 2018 |
Paragon Banking Group PLC is a public limited company registered in England, incorporated in 1989. It has traded under several names during its history: it was first registered as Giltfind Public Limited Company, then National Home Loans Holdings PLC, later The Paragon Group of Companies PLC, before adopting its current name in 2017. Companies House classifies its nature of business under SIC code 64205, activities of financial services holding companies, indicating it functions as a group holding entity within the financial services sector rather than trading directly with customers itself. The company remains active, with its registered office in Solihull, West Midlands.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk