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 incorporated in 2023, registered in London and classified under financial intermediation not elsewhere classified. It forms part of a wider corporate group, filing subsidiary accounts alongside consolidated accounts and a guarantee from its parent company for exemption from audit. Companies House records show the company has registered charges, indicating it holds secured borrowing arrangements, and files confirmation statements typical of a group finance or portfolio-holding entity. No specific trading activity, products or services are described in the available evidence beyond its role as a UK subsidiary within a financial intermediation group.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk