30 Fair PaymentHow fast UK companies pay their suppliers
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Industrial and Financial Systems, Ifs UK Ltd

Registered as INDUSTRIAL AND FINANCIAL SYSTEMS, IFS UK LTD. Company number 03277022. 2 payment practices reports on file, the latest for the period ending 31 December 2018, filed 29 January 2019.

26days on average to pay

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

In the reporting period from 1 July 2018 to 31 December 2018, Industrial and Financial Systems, Ifs UK Ltd reported that it took an average of 26 days to pay its suppliers' invoices. It paid 71% of invoices within 30 days, 18% in 31 to 60 days and 11% after more than 60 days. It said 61% of invoices were not paid within the agreed terms.

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 22 Jun 2018 26 Dec 2018

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 2018 29 Jan 2019 26 71%18%11%61% Report
Jan to Jun 2018 25 Jul 2018 22 68%26%6%61% 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.