LIQUID FRIDAY LIMITED
Company Information
- Company Number
- 05887477
- Registered Address
- 3-6 The Quarterdeck The Boardwalk, Portsmouth, Hampshire, England, PO6 4TP
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 July 2006
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
LIQUID FRIDAY LIMITED demonstrates a strong positive trend in payment speed, with an average payment time of just 18 days. A significant 96% of invoices are settled within the standard 30-day term, indicating consistent and timely payment practices. The trajectory shows a clear preference for prompt settlement, with very few payments extending beyond 60 days.
Volatility Analysis
Payment reliability for LIQUID FRIDAY LIMITED is high, with a predictable pattern of early settlement for the vast majority of invoices. The low 4% late payment rate, comprising only 3% between 31-60 days and 1% over 60 days, indicates minimal payment volatility or significant risk factors. This suggests a highly dependable payment partner from a supplier's perspective.
Summary Analysis
Overall, LIQUID FRIDAY LIMITED presents as a highly reliable and low-risk payment partner for suppliers, consistently paying well within typical terms. Suppliers can expect prompt payment given the 96% within 30 days and 18-day average, minimizing working capital strain. While a minor 4% late payment rate exists, the vast majority are only slightly delayed, suggesting minimal need for specific mitigation strategies beyond standard credit terms.
Performance Reports History
| 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 Aug 2021 - 31 Jan 2022 | 15 Feb 2022 | 18 | 96% | 3% | 1% | 4% |
| 01 Feb 2021 - 31 Jul 2021 | 17 Aug 2021 | 20 | 93% | 5% | 2% | 7% |
| 01 Aug 2020 - 31 Jan 2021 | 16 Feb 2021 | 18 | 94% | 5% | 2% | 6% |
| 01 Feb 2020 - 31 Jul 2020 | 14 Aug 2020 | 19 | 91% | 7% | 2% | 9% |
| 01 Aug 2019 - 31 Jan 2020 | 18 Feb 2020 | 17 | 91% | 7% | 1% | 9% |
| 01 Feb 2019 - 31 Jul 2019 | 27 Aug 2019 | 14 | 95% | 2% | 2% | 5% |
| 01 Aug 2018 - 31 Jan 2019 | 21 May 2019 | 12 | 96% | 4% | 1% | 4% |
| 01 Feb 2018 - 31 Jul 2018 | 21 May 2019 | 13 | 95% | 4% | 1% | 5% |
| 01 Aug 2017 - 31 Jan 2018 | 21 May 2019 | 21 | 92% | 7% | 2% | 8% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days from receipt.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
If an invoice is disputed, it is the relevant manager and finance department who resolves the dispute.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
LIQUID FRIDAY LIMITED operates as an active private limited company. As an incorporated entity, it is established to engage in commercial activities within the UK market.
The company was incorporated on 26 July 2006 and is registered with company number 05887477. Its registered office is located at 3-6 The Quarterdeck The Boardwalk, Portsmouth, Hampshire, England, PO6 4TP, placing it within the South East region of England.
A private limited company in the UK serves as a robust legal structure for a diverse range of commercial ventures. These organisations can provide various products and services, spanning from retail and manufacturing to professional consulting and digital solutions.
