30 Fair PaymentHow fast UK companies pay their suppliers
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Pen Underwriting Limited

Registered as PEN UNDERWRITING LIMITED. Company number 05172311. 13 payment practices reports on file, the latest for the period ending 30 June 2026, filed 27 July 2026.

14days 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, Pen Underwriting Limited reported that it took an average of 14 days to pay its suppliers' invoices. It paid 91% of invoices within 30 days, 7% in 31 to 60 days and 2% after more than 60 days. It said 13% of invoices were not paid within the agreed terms.

That average is faster than 90% 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 15 days, so it is 1 day faster now.

Average days to pay, report by report

30 15 Dec 2020 19 Jun 2021 19 Dec 2021 19 Jun 2022 19 Dec 2022 17 Jun 2023 14 Dec 2023 21 Jun 2024 14 Dec 2024 15 Jun 2025 16 Dec 2025 14 Jun 2026

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 2026 27 Jul 2026 14 91%7%2%13% Report
Jul to Dec 2025 29 Jan 2026 16 87%8%5%13% Report
Jan to Jun 2025 25 Jul 2025 15 88%8%4%12% Report
Jul to Dec 2024 29 Jan 2025 14 91%7%2%21% Report
Jan to Jun 2024 30 Jul 2024 21 75%14%12%21% Report
Jul to Dec 2023 25 Jan 2024 14 80%12%8%20% Report
Jan to Jun 2023 21 Jul 2023 17 79%12%9%23% Report
Jul to Dec 2022 26 Jan 2023 19 78%11%11%23% Report
Jan to Jun 2022 26 Jul 2022 19 82%9%9%15% Report
Jul to Dec 2021 26 Jan 2022 19 79%10%11%17% Report
Jan to Jun 2021 29 Jul 2021 19 80%9%11%16% Report
Jul to Dec 2020 29 Jan 2021 15 82%9%8%15% Report
Jan to Jun 2020 30 Jul 2020 17 84%9%7%13% 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.