30 Fair PaymentHow fast UK companies pay their suppliers
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Invertek Drives Limited

Registered as INVERTEK DRIVES LIMITED. Company number 03504834. 15 payment practices reports on file, the latest for the period ending 30 June 2025, filed 30 July 2025.

72days on average to pay

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

In the reporting period from 1 January 2025 to 30 June 2025, Invertek Drives Limited reported that it took an average of 72 days to pay its suppliers' invoices. It paid 28% of invoices within 30 days, 32% in 31 to 60 days and 40% after more than 60 days. It said 70% of invoices were not paid within the agreed terms.

That average is faster than 3% of the 6,220 companies whose latest report covers a period ending since May 2025. A year earlier, in the period to 30 June 2024, the average was 68 days, so it is 4 days slower now.

Average days to pay, report by report

30 72 Sep 2019 80 Mar 2020 61 Dec 2020 79 Jun 2021 69 Dec 2021 63 Jun 2022 73 Dec 2022 65 Jun 2023 69 Dec 2023 68 Jun 2024 76 Dec 2024 72 Jun 2025

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
Jan to Jun 2025 30 Jul 2025 72 28%32%40%70% Report
Jul to Dec 2024 5 Jun 2025 76 28%10%62%42% Report
Jan to Jun 2024 5 Jun 2025 68 20%27%53%46% Report
Jul to Dec 2023 5 Jun 2025 69 16%52%32%35% Report
Jan to Jun 2023 5 Jun 2025 65 23%21%56%38% Report
Jul to Dec 2022 5 Jun 2025 73 17%18%65%36% Report
Jan to Jun 2022 5 Jun 2025 63 22%39%39%28% Report
Jul to Dec 2021 5 Jun 2025 69 18%38%44%34% Report
Jan to Jun 2021 5 Jun 2025 79 14%26%60%37% Report
Apr to Dec 2020 5 Jun 2025 61 12%41%47%35% Report
Oct 2019 to Mar 2020 5 Jun 2025 80 10%32%58%39% Report
Apr to Sep 2019 5 Jun 2025 72 24%38%38%34% Report
Oct 2018 to Mar 2019 5 Jun 2025 73 11%20%69%44% Report
Apr to Sep 2018 5 Jun 2025 75 8%3%89%47% Report
Oct 2017 to Mar 2018 5 Jun 2025 75 13%29%58%36% 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.