The data for LANNRAIG FUNDING LIMITED shows an increasing trend in the average time taken to pay invoices, with the average time increasing by 3.3 days from Oct 2017 to Mar 2018, and by an additional 2.2 days from Oct 2018 to Mar 2019. This indicates a potential issue with timely payment to suppliers.
There is a high volatility in the percentage of invoices paid within 30 days, with a decrease of 7.9% from Oct 2017 to Mar 2018, and an increase of 8.3% from Oct 2018 to Mar 2019. This suggests that the company's ability to pay invoices within 30 days is not consistent.
From the available data, it can be seen that the average time taken to pay invoices has increased over the past three periods for LANNRAIG FUNDING LIMITED. However, there has been an improvement in the percentage of invoices paid within 30 days in the most recent period (Oct 2018 to Mar 2019) compared to the previous period (Apr 2018 to Sep 2018). This could indicate efforts made by the company towards more timely payments to suppliers.
| 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 Oct 2018 - 31 Mar 2019 | 10 Oct 2019 | |||||
| 01 Oct 2017 - 30 Sept 2018 | 30 Oct 2018 | |||||
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 |
Lannraig Funding Limited is registered at an address in London and was previously named Daisybay Limited when incorporated in June 2011. Its recorded nature of business is classified as a non-trading company, and the available evidence gives no description of any commercial activity, products or services. Companies House filings show only administrative and status details, with no indication of what, if any, trade the company has ever conducted.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk