The data for PGH (LCB) LIMITED shows a consistent trend of increasing average time to pay invoices over the past three periods. In the first period of 2018, the average time to pay was not available, but in the second period it increased to 47.4 days. In the third period, it increased again to 52.3 days, and in the most recent period it reached 55.8 days.
The data for PGH (LCB) LIMITED also shows a consistent level of volatility in terms of the percentage of invoices paid within 30 days. In the second period, 46.8% of invoices were paid within 30 days, but this decreased to 43.6% in the third period. In the most recent period, the percentage increased slightly to 44.2%.
Looking at the data for PGH (LCB) LIMITED over the past three periods, there has been a noticeable increase in the average time taken to pay invoices. This is concerning as it means that suppliers may be waiting longer for payment, potentially impacting their cash flow. Additionally, there has been a slight decrease in the percentage of invoices paid within 30 days, indicating a potential slowdown in payment processing.
| 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 2019 - 31 Dec 2019 | 29 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 |
PGH LCB LIMITED is a dissolved private limited company, incorporated on 10 November 2004, based in the London region. Registered business activity: Activities of financial services holding companies.
From Companies House records.