When you cannot make a payment in full, paying what you can is almost always the right move. It is worth being clear about what a partial payment does and does not achieve.
What it does
A partial payment reduces the arrears, shows good faith, and slows the growth of what you owe. It keeps you engaged and makes an arrangement easier to agree. Never skip a payment entirely if you can pay part of it.
What it does not do
A partial payment does not, on its own, stop the remaining balance accruing interest at 0.25% per day, and it does not formally reschedule what is left. The unpaid part still needs an arrangement so it does not build into arrears.
Pair it with a plan
The strongest move is a partial payment plus an agreed arrangement for the rest. That combination keeps the company moving forward and the numbers under control, with the 100% cap holding throughout.
Make what you can, then set up the rest with the Payment Arrangement form.
We lend only to UK limited companies and LLPs, and the loan is to the company with no director personal guarantee. As business finance outside the consumer-credit regime, it is not covered by the Financial Ombudsman Service or FSCS.
See also: Can I make a partial payment if I cannot pay in full?, What if I can only pay part this month?, Does interest keep building while my company is in arrears?.