LLWR payment performance 2023 to 2024
Updated 11 July 2024
The figures included in the report highlight our promptness in paying our suppliers and are expressed in numbers of payments made within 5 days of due date, within 30 days and payments made over 30 days late.
The performance figures are also expressed in monetary terms.
Number of payments made
LLWR payment performance FY 23/24 | QTR1 | QTR2 | QTR3 | QTR4 | FY 2024 |
---|---|---|---|---|---|
Paid within 5 days of receipt | 66 | 34 | 36 | 51 | 187 |
Paid within 6 to 30 days of receipt | 566 | 775 | 660 | 643 | 2,644 |
Paid within 0 to 30 days of receipt sub total | 632 | 809 | 696 | 694 | 2,831 |
Paid after 30 days of receipt | 152 | 65 | 129 | 267 | 613 |
Total Invoices paid | 784 | 874 | 825 | 961 | 3,444 |
Percentage based on number of invoices processed
LLWR payment performance FY 23/24 | QTR1 | QTR2 | QTR3 | QTR4 | FY 2024 |
---|---|---|---|---|---|
Paid within 5 days of receipt | 8% | 4% | 4% | 5% | 5% |
Paid within 6 to 30 days of receipt | 72% | 89% | 80% | 67% | 77% |
Paid within 0 to 30 days of receipt sub total | 81% | 93% | 84% | 72% | 82% |
Paid after 30 days of receipt | 19% | 7% | 16% | 28% | 18% |
Value of payments made
LLWR payment performance FY 23/24 | QTR1 | QTR2 | QTR3 | QTR4 | FY 2024 |
---|---|---|---|---|---|
Paid within 5 days of receipt | £997,284.39 | £830,536.23 | £348,970.17 | £622,983.66 | £2,799,774.45 |
Paid within 6 to 30 days of receipt | £15,603,008.43 | £17,922,217.37 | £18,343,698.83 | £23,103,143.28 | £74,972,067.91 |
Paid within 0 to 30 days of receipt sub total | £16,600,292.82 | £18,752,753.60 | £18,692,669.00 | £23,726,126.94 | £77,771,842.36 |
Paid after 30 days of receipt | £1,000,467.31 | £7,453,717.85 | £9.760,217.58 | £5,404,732.07 | £23,619,134.81 |
Total Invoices paid | £17,600,760.13 | £26,206,471,45 | £28,452,886.58 | £29,130,859.01 | £101,390,977.17 |
Percentage based on value of invoices paid
LLWR payment performance FY 23/24 | QTR1 | QTR2 | QTR3 | QTR4 | FY 2024 |
---|---|---|---|---|---|
Paid within 5 days of receipt | 6% | 3% | 1% | 2% | 3% |
Paid within 6 to 30 days of receipt | 89% | 68% | 64% | 79% | 74% |
Paid within 0 to 30 days of receipt sub total | 94% | 72% | 66% | 81% | 77% |
Paid after 30 days of receipt | 6% | 28% | 34% | 19% | 23% |