The data shows a consistent trend of improvement in the average time taken for PWC HOLDINGS (UK) LIMITED to pay invoices to suppliers. The average time to pay has decreased steadily over the past four periods, with the biggest improvement seen in the most recent period (2021-07-01 to 2021-12-31) where the average time to pay was 8.4 days. This is a significant improvement from the first period (2018-01-01 to 2018-06-30) where the average time to pay was 19.6 days.
The data suggests that PWC HOLDINGS (UK) LIMITED has become more consistent in paying invoices to suppliers within the agreed terms. The percentage of invoices paid within 30 days has consistently increased over the past four periods, with the highest being 98.8% in the most recent period (2021-07-01 to 2021-12-31). This shows a decrease in volatility and a more reliable payment system.
When comparing the most recent period (2021-07-01 to 2021-12-31) to the first period (2018-01-01 to 2018-06-30), there has been a significant improvement in the time taken for PWC HOLDINGS (UK) LIMITED to pay invoices to suppliers. The average time to pay has decreased by 11.2 days, which is a 57.1% improvement. The percentage of invoices paid within 30 days has also increased by 21.3%, indicating a more consistent and reliable payment system.
| 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 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | |||||
| 01 Jun 2019 - 30 Jun 2019 | 31 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 |
PWC Holdings UK Limited is registered as a holding company, with its SIC code confirming activities of other holding companies. Evidence indicates it forms part of the wider PwC UK group, whose trading business provides professional services including audit, consulting, deals, tax and legal advice to public and private sector clients across the UK and internationally. The group describes its purpose as building trust in society and solving important problems, offering services such as risk management, restructuring, workforce advisory and technology consulting through its network of member firms. This entity itself functions as a holding company within that structure rather than as the operating professional services firm.
Generated from the company's website and Companies House records. Sources: pwc.co.uk · pwc.co.uk