The data shows a steady decline in the average time taken for MERCANTILE LEASING COMPANY (NO.132) LIMITED to pay invoices to suppliers from 2018 to 2021.
There is minimal volatility in the percentage of invoices paid within 30 days, with a slight increase from 2018 to 2020 and a slight decrease in 2021. The percentage of invoices paid between 31 and 60 days has also remained relatively stable, with a small decrease in 2020 and a slight increase in 2021. However, there is significant volatility in the percentage of invoices paid later than 60 days, with a sharp increase in 2020 and a dramatic decrease in 2021.
From 2018 to 2021, there has been a continuous decrease in the average time taken for MERCANTILE LEASING COMPANY (NO.132) LIMITED to pay invoices to suppliers. In 2018, the company had an average time to pay of XXX days, which decreased to XXX days in 2020 and further decreased to XXX days in 2021. This improvement can also be seen in the percentage of invoices paid within 30 days, which increased from XXX% in 2018 to XXX% in 2020 and XXX% in 2021.
| 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 2021 - 31 Dec 2021 | 24 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 |
Mercantile Leasing Company No132 Limited is a registered UK company classified under financial leasing activities. Its registered office is at 1 Churchill Place, London, the same address used by Barclays Bank UK PLC, indicating it operates as part of the wider Barclays group structure rather than as an independent trading business. No dedicated public-facing description of this specific entity's leasing operations was found; the only available web evidence relates to Barclays' general retail banking services, which are provided by the wider group rather than by this individual company. The entity remains active according to Companies House records, having been incorporated in February 1994.
Generated from the company's website and Companies House records.