MMO's prompt payment data April 2021 to December 2023
Updated 22 January 2024
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Financial Year | Quarter | Percentage of invoices paid within 5 days | Percentage of invoices paid with 30 days | Total interest liability (£) | The amount of interest paid to suppliers due to a breach of the requirement in regulation 113 during the financial year (£) |
---|---|---|---|---|---|
2021-22 | Q1 | 81% | 95% | £788 | 0 |
2021-22 | Q2 | 75% | 91% | £116 | 0 |
2021-22 | Q3 | 80% | 95% | £333 | 0 |
2021-22 | Q4 | 90% | 98% | £362 | 0 |
2022-23 | Q1 | 84% | 97% | £2,083 | 0 |
2022-23 | Q2 | 84% | 98% | £353 | 0 |
2022-23 | Q3 | 81% | 98% | £4,865 | 0 |
2022-23 | Q4 | 82% | 97% | £4,808 | 0 |
2022-23 | Q1 | 81% | 85% | £4,779 | 0 |
2022-23 | Q2 | 77% | 94% | £2,968 | 0 |
2023-24 | Q3 | 77% | 97% | £314 | 0 |