Formula Motorsport Limited
Registered as FORMULA MOTORSPORT LIMITED. Company number 04998594. 5 payment practices reports on file, the latest for the period ending 30 June 2026, filed 29 July 2026.
30days on average to pay
- Within 30 days
- 31 to 60 days
- Over 60 days
In the reporting period from 1 January 2026 to 30 June 2026, Formula Motorsport Limited reported that it took an average of 30 days to pay its suppliers' invoices. It paid 65% of invoices within 30 days, 33% in 31 to 60 days and 2% after more than 60 days. It said 4% of invoices were not paid within the agreed terms.
That average is faster than 52% of the 6,220 companies whose latest report covers a period ending since May 2025. A year earlier, in the period to 30 June 2025, the average was 36 days, so it is 6 days faster now.
Average days to pay, report by report
Bars are labelled with the month the period ended. The dashed line marks 30 days.
Every report filed
| Period | Filed | Average days | Within 30 days | 31 to 60 | Over 60 | Not within terms | Source |
|---|---|---|---|---|---|---|---|
| Jan to Jun 2026 | 29 Jul 2026 | 30 | 65% | 33% | 2% | 4% | Report |
| Jul to Dec 2025 | 23 Jan 2026 | 32 | 58% | 40% | 2% | 34% | Report |
| Jan to Jun 2025 | 30 Jul 2025 | 36 | 46% | 51% | 3% | 37% | Report |
| Jul to Dec 2024 | 28 Jan 2025 | 31 | 57% | 38% | 5% | 35% | Report |
| Jan to Jun 2024 | 30 Jul 2024 | 40 | 40% | 51% | 9% | 53% | 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.