Novitas Loans Limited
Registered as NOVITAS LOANS LIMITED. Company number 07959031. 5 payment practices reports on file, the latest for the period ending 31 July 2023, filed 29 August 2023.
20days on average to pay
- Within 30 days
- 31 to 60 days
- Over 60 days
In the reporting period from 1 February 2023 to 31 July 2023, Novitas Loans Limited reported that it took an average of 20 days to pay its suppliers' invoices. It paid 76% of invoices within 30 days, 20% in 31 to 60 days and 4% after more than 60 days. It said 24% of invoices were not paid within the agreed terms.
A year earlier, in the period to 31 July 2022, the average was 17 days, so it is 3 days slower 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
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 |
|---|---|---|---|---|---|---|---|
| Feb to Jul 2023 | 29 Aug 2023 | 20 | 76% | 20% | 4% | 24% | Report |
| Aug 2022 to Jan 2023 | 28 Feb 2023 | 22 | 82% | 14% | 4% | 16% | Report |
| Feb to Jul 2022 | 26 Aug 2022 | 17 | 86% | 13% | 1% | 13% | Report |
| Aug 2021 to Jan 2022 | 2 Mar 2022 | 19 | 82% | 15% | 3% | 18% | Report |
| Feb to Jul 2021 | 26 Aug 2021 | 24 | 86% | 6% | 8% | 16% | 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.