The average time taken by FORMAPLEX GROUP LIMITED to pay invoices has decreased over the past three periods. In the period from Jul 2017 to Dec 2017, the average time taken to pay invoices was 43.5 days, which decreased to 39.2 days in the period from Jan 2018 to Jun 2018. This further decreased to 36.7 days in the period from Jul 2018 to Dec 2018.
The volatility in the payment trends of FORMAPLEX GROUP LIMITED has reduced over the past three periods. In the period from Jul 2017 to Dec 2017, the percentage of invoices paid within 30 days was 60.0%, which increased to 62.2% in the period from Jan 2018 to Jun 2018. This further increased to 65.4% in the period from Jul 2018 to Dec 2018.
In the period from Jul 2017 to Dec 2017, FORMAPLEX GROUP LIMITED took an average of 43.5 days to pay invoices. The percentage of invoices paid within 30 days was 60.0%, while 19.0% of invoices were paid between 31 and 60 days. 21.0% of invoices were paid later than 60 days and 0% of invoices were not paid within agreed terms.
| 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 GROUP 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.