There is a general trend of increased efficiency in payment times for ADMIRAL TAVERNS PICCADILLY LIMITED over the past three periods. The average time to pay has decreased from 2019 to 2021, with a slight increase in 2022. The percentage of invoices paid within 30 days has consistently increased, while the percentage of invoices paid later than 60 days has decreased. This indicates a trend towards faster payment times for suppliers.
The volatility of payment times for ADMIRAL TAVERNS PICCADILLY LIMITED has decreased over the past three periods, with smaller fluctuations in the average time to pay and percentage of invoices paid within 30 days. However, there is still some volatility in the percentage of invoices paid between 31 and 60 days and the percentage of invoices not paid within agreed terms, indicating that there may still be some room for improvement in payment efficiency.
From 2019 to 2021, ADMIRAL TAVERNS PICCADILLY LIMITED has shown a consistent trend of faster payment times for suppliers. The average time to pay has decreased by 1.3 days, from 48.8 days in 2019 to 47.5 days in 2021. The percentage of invoices paid within 30 days has increased by 3.9%, from 81.5% in 2019 to 85.4% in 2021. The percentage of invoices paid later than 60 days has also decreased by 1.9%, from 10.5% in 2019 to 8.6% in 2021. This indicates that the company has improved its efficiency in paying invoices on time.
| 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 |
|---|---|---|---|---|---|---|
| 30 Nov 2022 - 28 May 2023 | 26 Jun 2023 | |||||
| 30 May 2022 - 29 Nov 2022 | 28 Dec 2022 | |||||
| 30 Nov 2021 - 29 May 2022 | 27 Jun 2022 | |||||
| 30 May 2021 - 29 Nov 2021 | 24 Dec 2021 | |||||
| 30 Nov 2020 - 29 May 2021 | 23 Jun 2021 | |||||
| 31 May 2020 - 29 Nov 2020 | 29 Dec 2020 | |||||
| 02 Dec 2019 - 30 May 2020 | 29 Jun 2020 | |||||
| 02 Jun 2019 - 01 Dec 2019 | 16 Dec 2019 | |||||
| 03 Dec 2018 - 01 Jun 2019 | 26 Jun 2019 | |||||
| 03 Jun 2018 - 02 Dec 2018 | 22 Dec 2018 | |||||
| 04 Dec 2017 - 02 Jun 2018 | 29 Jun 2018 | |||||
| 04 Jun 2017 - 03 Dec 2017 | 28 Dec 2017 |
ADMIRAL TAVERNS PICCADILLY LIMITED is a company, based in the London region.
From Companies House records.