The data for FUN SONG FACTORY TV LIMITED shows a consistent trend of taking longer to pay invoices as the periods progress. In the first period (Jan 2018 - Jun 2018), the company had an average time to pay of 0 days, meaning they were paying invoices on time. However, in the following periods, the average time to pay increased to 10 days and then 12 days, indicating a delay in payment. This trend is also reflected in the percentage of invoices paid within 30 days, which decreased from 100% in the first period to 90% and 85% in the following periods.
There is a low level of volatility in the data for FUN SONG FACTORY TV LIMITED. The average time to pay and the percentage of invoices paid within 30 days remained relatively consistent in the first two periods, with a slight increase in the third period. The only significant change is in the percentage of invoices paid between 31 and 60 days, which increased from 0% in the first period to 10% and 12% in the following periods.
Looking at the data for FUN SONG FACTORY TV LIMITED, there is a clear trend of the company taking longer to pay invoices as the periods progress. This is reflected in the decrease in the percentage of invoices paid within 30 days and the increase in the percentage of invoices paid between 31 and 60 days. The third period (Jan 2019 - Jun 2019) shows the worst performance, with only 85% of invoices paid within 30 days and 12% of invoices paid later than 60 days. It is important for the company to improve their payment times to avoid any negative impact on their relationships with suppliers.
| 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 2018 - 31 Dec 2018 | 28 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 |
FUN SONG FACTORY TV LIMITED is a dissolved private limited company, incorporated on 6 January 2004, based in the London region. Registered business activity: Other business support service activities not elsewhere classified.
From Companies House records.