30 Fair PaymentHow fast UK companies pay their suppliers
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PGS Exploration (UK) Limited

Registered as PGS EXPLORATION (UK) LIMITED. Company number 02904391. 12 payment practices reports on file, the latest for the period ending 31 December 2023, filed 30 January 2024.

36days on average to pay

  • Within 30 days
  • 31 to 60 days
  • Over 60 days

In the reporting period from 1 July 2023 to 31 December 2023, PGS Exploration (UK) Limited reported that it took an average of 36 days to pay its suppliers' invoices. It paid 20% of invoices within 30 days, 46% in 31 to 60 days and 34% after more than 60 days. It said 45% of invoices were not paid within the agreed terms.

A year earlier, in the period to 31 December 2022, the average was 47 days, so it is 11 days faster now.

This company has not filed a report for a period ending since May 2025, so it is not in our current tables. Companies stop reporting when they no longer meet the size test, are restructured or close.

Average days to pay, report by report

30 25 Jun 2018 34 Dec 2018 44 Jun 2019 41 Dec 2019 41 Jun 2020 46 Dec 2020 47 Jun 2021 43 Dec 2021 47 Jun 2022 47 Dec 2022 37 Jun 2023 36 Dec 2023

Bars are labelled with the month the period ended. The dashed line marks 30 days.

Every report filed

PeriodFiledAverage daysWithin 30 days31 to 60Over 60Not within termsSource
Jul to Dec 2023 30 Jan 2024 36 20%46%34%45% Report
Jan to Jun 2023 31 Jul 2023 37 28%54%19%51% Report
Jul to Dec 2022 31 Jan 2023 47 21%50%29%51% Report
Jan to Jun 2022 31 Jul 2022 47 26%62%12%59% Report
Jul to Dec 2021 6 Feb 2022 43 22%71%7%61% Report
Jan to Jun 2021 28 Jul 2021 47 58%36%6%33% Report
Jul to Dec 2020 31 Jan 2021 46 24%43%33%46% Report
Jan to Jun 2020 31 Jul 2020 41 23%45%32%40% Report
Jul to Dec 2019 29 Jan 2020 41 26%46%28%47% Report
Jan to Jun 2019 29 Jul 2019 44 31%54%15%5% Report
Jul to Dec 2018 28 Jan 2019 34 45%45%10%18% Report
Jan to Jun 2018 31 Jul 2018 25 63%33%3%21% Report

Source: the company's filings on Check payment practices. Contains public sector information licensed under the Open Government Licence v3.0. Figures are as filed. We do not change them.