There has been a general increase in the average time taken for FORMAPLEX MACHINING LIMITED to pay their invoices over the past three periods. There was a decrease in the percentage of invoices paid within 30 days in 2018, followed by a slight increase in 2019. However, there has been a consistent increase in the percentage of invoices paid between 31 and 60 days and those paid later than 60 days. There was also a significant increase in the percentage of invoices not paid within agreed terms in 2019 compared to the previous two periods.
The volatility in the average time taken to pay invoices has been relatively low, with only a slight increase in 2019. However, there has been a significant increase in the volatility of the percentage of invoices paid within 30 days and those paid later than 60 days in 2019 compared to the previous two periods. There has also been an increase in the volatility of the percentage of invoices not paid within agreed terms in 2019.
| 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 2017 - 31 Dec 2017 | 01 Feb 2018 |
FORMAPLEX MACHINING LIMITED is a liquidation private limited company, incorporated on 29 October 2007, based in the South East region. Registered business activity: Activities of head offices.
From Companies House records.