Score of 100/100 qualifies for PaymentCheck Certification
PRA GROUP UK PORTFOLIOS LTD demonstrates an exceptional payment profile, with 100% of invoices settled within 30 days and an average payment time of just 1 day. This indicates a consistently fast and disciplined payment process, leaving no observable trend of deterioration or delay across any measured time bracket. The absence of any payments falling into the 31-60 day or over 60 day categories confirms a stable and highly efficient payment trajectory.
With a 0% late payment rate and all transactions completing within a single average day, this company presents an exceptionally low volatility payment profile. There are no measurable risk factors within the available data, and the consistency across all payment brackets suggests a structured, process-driven accounts payable function rather than ad hoc payment behaviour. Suppliers can expect a highly predictable cash flow when transacting with this company.
PRA GROUP UK PORTFOLIOS LTD represents a minimal payment risk and can be considered a preferred counterparty from a cash flow and credit risk perspective. Suppliers may confidently extend standard or even favourable credit terms, as the data supports near-immediate settlement behaviour. No specific risk mitigation measures appear necessary based on current payment performance, though routine invoice tracking remains advisable as standard practice.
| 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 2025 - 30 Jun 2025 | 25 Sept 2025 | 1 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
PRA Group UK Portfolios Ltd has, what the company believes to be, fair and reasonable payment practices and a standard payment term of 30 days. Some of the contracts that PRA Group UK Portfolios Ltd has with it’s suppliers include payment terms, but these vary from contract to contract. PRA Group UK Portfolios Ltd allow, under certain circumstances, some of the commission invoices that are received to be offset against revenue payments, e.g. where this is received within an agreed amount of days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
PRA Group UK Portfolios Ltd’s process of dealing with potential queries begins by contacting our representative who originally approved the goods or services to be provided. Some of the contracts that PRA Group UK Portfolios Ltd has with their suppliers have instructions relating to the dispute resolution process, but these vary from contract to contract. In addition, our Accounts Payable Department can assist by email or telephone, the contact details of which follow below: Email – UK-Accounts_Payable@pragroup.co.uk, Should your query still not be resolved, it will be referred to our Finance Director for further consideration.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
PRA GROUP UK PORTFOLIOS LTD is a private limited company operating within the debt portfolio sector in the United Kingdom. As indicated by its name, the company is engaged in the acquisition and management of debt portfolios, forming part of the broader PRA Group operation in the UK market.
The company is registered in England and Wales under company number 15236812 and holds active status with Companies House. It was incorporated on 25 October 2023 and is based in London, with its registered office located at Level 11 Riverside House, 2a Southwark Bridge Road, London, SE1 9HA.
Companies operating in the debt portfolio sector in the UK typically purchase charged-off consumer receivables and other distressed assets from banks, credit card issuers, and other financial institutions. These organisations then manage the recovery of outstanding balances through a range of compliant collections strategies, operating within the framework established by the Financial Conduct Authority.
As a relatively recently incorporated entity, PRA GROUP UK PORTFOLIOS LTD represents a dedicated vehicle for managing specific portfolio acquisitions within the UK financial services landscape. Its London base places it at the heart of the UK's financial services industry.