The data for HAMMOND BRIDGE LIMITED shows a consistent trend of increasing average time to pay invoices. In the first period, from Dec 2017 to May 2018, the average time to pay was not available. In the second period, from Dec 2018 to May 2019, the average time to pay was 0 days. However, in the most recent period, from Dec 2019 to May 2020, the average time to pay increased to 30 days. This indicates a trend of the company taking longer to pay invoices over time.
The data for HAMMOND BRIDGE LIMITED does not show significant volatility in the percentage of invoices paid within 30 days, between 31 and 60 days, or later than 60 days. However, there is a slight increase in the percentage of invoices not paid within agreed terms in the most recent period, from 0% in the second period to 2.1% in the third period. This may indicate a slight increase in volatility in the company's payment behavior.
From the available data, it appears that HAMMOND BRIDGE LIMITED has been consistently paying their invoices within 30 days or less. However, there has been a noticeable increase in the average time to pay invoices, from 0 days in the second period to 30 days in the third period. This could be a cause for concern as it may indicate potential cash flow issues for the company.
| 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 Dec 2018 - 31 May 2019 | 26 Jun 2019 | |||||
| 01 Dec 2017 - 31 May 2018 | 22 Jun 2018 |
HAMMOND BRIDGE LIMITED is a dissolved private limited company, incorporated on 21 July 1995, based in the South East region. Registered business activity: Non-trading company.
From Companies House records.