How long does Formica Limited take to pay its suppliers?

CRN 00139731 · Manufacturing · 3 statutory payment reports on record

Source: their statutory Payment Practices Reports, filed on the gov.uk register and board-approved. Verify the latest original · Companies House file.

Dated record. The latest report covers a period ending 30 Jun 2019 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

Average time to pay

39 days

Their stated terms

7–60 days

Paid outside terms

32%

Sector median

45 days

In the latest reporting window Formica Limited was faster than 66% of the 974 large companies reporting in manufacturing.

Every statutory report they have filed

Their own figures, unedited, most recent first.

Period	Avg days to pay	Outside terms	Paid after 61+ days	Filed
H1 2019	39	32%	11%	7 Aug 2019
H2 2018	43	30%	10%	31 Jan 2019
H1 2018	46	64%	17%	18 Sept 2018

Invoicing Formica Limited? Run the live check to see what their pattern means for your cash: the payment window to expect, the day to chase from, and what the Late Payment Act entitles you to. It also reads their live Companies House file.

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Watch Formica Limited (free)

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