Based on the data provided, there has been a significant improvement in the time taken for HCD ENG. LIMITED to pay their invoices to suppliers over the past three periods. In the first period, from Jan 2018 to June 2018, the average time to pay was 53.1 days. This decreased to 47.3 days in the second period (July 2018 to Dec 2018), and further decreased to 38.0 days in the third period (Jan 2019 to June 2019).
HCD ENG. LIMITED has shown a decrease in volatility in terms of their invoice payment time over the past three periods. In the first period, 21.0% of invoices were paid later than 60 days, which decreased to 18.0% in the second period and further decreased to 14.0% in the third period. This indicates a steady improvement in the company's payment practices.
HCD ENG. LIMITED has shown a consistent improvement in their invoice payment time over the past three periods. In the first period, the average time to pay was 53.1 days, which decreased to 47.3 days in the second period and further decreased to 38.0 days in the third period. The percentage of invoices paid within 30 days also increased from 56.0% in the first period to 60.0% in the third period.
| 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 2018 - 30 Jun 2018 | 30 Jul 2018 |
HCD ENG LIMITED is a dissolved private limited company, incorporated on 22 July 2002, based in the Wales region. Registered business activity: Other professional, scientific and technical activities not elsewhere classified.
From Companies House records.