The data for LAVENDER CASTLE LIMITED shows that the company's average time to pay invoices has decreased over the past three periods. In the first period (Jan 2018 - Jun 2018), the average time to pay was not recorded. In the second period (Jul 2018 - Dec 2018), it took an average of 0 days to pay invoices. In the most recent period (Jan 2019 - Jun 2019), the average time to pay decreased to -5 days, indicating that the company is paying invoices earlier than the agreed terms.
The data for LAVENDER CASTLE LIMITED also shows a decrease in volatility over the past three periods. In the first period, there was no data recorded. In the second period, the percentage of invoices paid within 30 days was 100%, indicating that all invoices were paid on time. In the most recent period, the company's on-time payment rate increased to 110%, showing that the company is consistently paying invoices earlier than the agreed terms.
In the past three periods, LAVENDER CASTLE LIMITED has shown a positive trend in paying invoices earlier than the agreed terms. In the second period, the company's on-time payment rate was 100%, and in the most recent period, it has increased to 110%. This shows a significant improvement in the company's payment practices. However, it should be noted that in the third period, the percentage of invoices paid later than 60 days was not recorded, so it is unclear if there has been any improvement in this area.
| 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 2019 - 30 Jun 2019 | 23 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 |
LAVENDER CASTLE LIMITED is a dissolved private limited company, incorporated on 23 July 1996, based in the London region. Registered business activity: Motion picture production activities; Non-trading company.
From Companies House records.