The trend for CABOT FINANCIAL DEBT RECOVERY SERVICES LIMITED's average time to pay invoices to suppliers has been consistent over the past three periods. However, there has been a slight increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid between 31 and 60 days, indicating a possible improvement in payment efficiency.
CABOT FINANCIAL DEBT RECOVERY SERVICES LIMITED's average time to pay invoices has remained relatively stable with no significant fluctuations over the past three periods.
From 2018 to 2020, CABOT FINANCIAL DEBT RECOVERY SERVICES LIMITED maintained an average time to pay invoices of unknown duration. In the first half of 2021, there was a slight improvement in payment efficiency with a decrease in the percentage of invoices paid later than 60 days. However, in the second half of 2021, there was a significant increase in the percentage of invoices not paid within agreed terms, indicating a possible delay in payments.
| 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 2023 - 31 Dec 2023 | 25 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 14 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 30 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 29 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 17 Feb 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 29 Aug 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 |
Cabot Financial Debt Recovery Services Limited is registered as a financial services holding company, according to its Companies House classification. It forms part of the wider Cabot Financial group, which describes itself as an award winning debt purchase business in the UK. The group works with customers who owe debts, helping them manage repayment through affordable plans, and communicates with customers by letter and phone regarding their accounts. Group activities are carried out through related operating entities such as Cabot Financial (Europe) Limited, which is authorised and regulated by the Financial Conduct Authority. This registered entity itself functions as a holding company within that structure rather than dealing directly with customers.
Generated from the company's website and Companies House records. Sources: cabotfinancial.com