Overdue invoices in Wales hit 26-month high, research shows
The analysis of data provided by Creditsafe shows there were 156,775 overdue invoices on the books of Welsh businesses in April 2025 – the highest since February 2023's figure of 161,860.
It was a 19.2 per cent increase on April 2024 when the total was 131,272.
Overdue invoice numbers have risen consistently since November 2024, and April's figure was one per cent higher than March's total of 155,279.
Bethan Evans, chairman of R3 in Wales, said: 'Late payment levels are now higher than they were in 2023 and 2024, when many businesses were grappling with the aftermath of COVID, rising costs, and the impact of the cost-of-living crisis.'
The number of Welsh companies with overdue invoices on their books rose by 5.8 per cent in April 2025 when compared to the same period last year, rising from 17,849 to 18,879.
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