FAIRMEAD INSURANCE LIMITED reports an average time to pay of 6 days, with 0% of invoices paid outside agreed terms, based on data supplied under the UK Duty to Report on Payment Practices. This reflects payment performance only. This score reflects its most recent reporting period only (2026) -- the same rule applied to every company regardless of how many periods they've filed, so a longer track record is never used to drag a score down. See the pattern of behaviour below for the full 9-period history. It has not yet completed the GBP-14 Diagnostic, so this is not a full Supplier Choice Index certification.
Data source: reported payment practice figures across 9 reporting periods (2018–2026), supplied for this prototype. Score moved from 74 in 2018 to 95 in 2026.
This is a multi-period payment-performance pattern, not a supplier testimonial.
Fast Payment Score, 0–100 — the line rising means faster, more reliable payment over time; falling means it's slipping.
| Year | Avg. days to pay | % paid late | Score |
|---|---|---|---|
| 2018 | 20 | 4.5% | 74 |
| 2019 | 24.5 | 3.5% | 74 |
| 2020 | 27 | 3.5% | 74 |
| 2021 | 28 | 4% | 74 |
| 2022 | 27 | 3.5% | 75 |
| 2023 | 20.5 | 16.5% | 76 |
| 2024 | 29 | 25.5% | 65 |
| 2025 | 13 | 28% | 83 |
| 2026 | 6 | 0% | 95 |
% of invoices paid within 30 days, 31–60 days, and 60+ days, each year.
Answered from Fairmead Insurance's own published payment-practice reporting.
Fairmead Insurance paid its suppliers in 6 days on average in its 2026 reporting period, based on the payment-practice figures UK businesses of its size must report publicly twice a year.
0% of invoices were paid outside the agreed terms in its 2026 reporting period. 100% of its invoices were paid within 30 days.
95 out of 100, which places Fairmead Insurance in the Platinum Fast Payer band on the Good Business Partners directory. The score is built from average days to pay and the share of invoices paid late, across every period the company has reported. It has been recognised with a Fast Payer Award in 2026.
From the Reporting on Payment Practices and Performance regulations, under which large UK businesses publish their payment performance every six months. Good Business Partners collects those filings and scores them; the figures are not supplied by Fairmead Insurance.
Fast Payment Score, derived from reported average days to pay and % invoices paid late. Not a Supplier Choice Index score.
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