BORAX EUROPE LIMITED
Company Information
- Company Number
- 00036374
- Registered Address
- 6 St James's Square, London, United Kingdom, SW1Y 4AD
- Status
- Active
- Employee Count
- 0
- Turnover
- £64,666,000
- EBITDA
- £2,156,000
Additional Details
- Website
- https://borax.com
- Company Type
- Private limited Company
- Incorporated On
- 5 May 1892
- Nature of Business
- 46180 - Agents specialised in the sale of other particular products
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 18 Jul 2025 | 25 | 98% | 1% | 1% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 27 | 99% | 1% | 0% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 33 | 87% | 8% | 5% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 16 Jan 2024 | 29 | 95% | 3% | 2% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 29 | 98% | 1% | 1% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 29 | 94% | 6% | 0% | 8% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 33 | 93% | 5% | 2% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 35 | 74% | 20% | 6% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 47 | 45% | 35% | 20% | 41% |
| 01 Jul 2020 - 31 Dec 2020 | 20 Jan 2021 | 44 | 32% | 60% | 8% | 16% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 43 | 52% | 23% | 25% | 6% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 34 | 65% | 25% | 10% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 29 Jul 2018 | 36 | 68% | 21% | 11% | 11% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Rio Tinto has in place standard payment terms of “Within 30 days Due net” from receipt of a valid invoice for external suppliers who supply Rio Tinto’s businesses in the UK. Rio Tinto has differing payment terms in other jurisdictions and for other circumstances. Intercompany payments are assigned individual terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
75
Dispute Resolution Process
Any disputes relating to payment are initially directed to the Accounts Payable Service desk for resolution. Typical response time of the Accounts Payable Service Desk is within 48 hours. Where the dispute cannot be resolved by the Accounts Payable Service Desk, the concern can be escalated through to the Sourcing Category Owner for assistance in resolution. The Accounts Payable Service Desk & invoice submission contact details are found on the Purchase Order distributed to the supplier.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
BORAX EUROPE LIMITED is a multinational company that specializes in the production and distribution of borax and related products. The company's sustainability program is a key aspect of their operations, with a focus on reducing their environmental impact and promoting sustainable practices.
Their range of products includes borax pentahydrate, borax decahydrate, and boric acid, which are used in a variety of industries such as agriculture, glass and ceramics, and detergents. These products are known for their high quality and effectiveness, making them a preferred choice for customers worldwide.
The company's sustainability efforts are led by a team of key people, including the CEO, who is responsible for setting the company's overall direction and strategy. The Chief Sustainability Officer oversees the implementation of the sustainability program, ensuring that it is integrated into all aspects of the company's operations.
One of the key initiatives of BORAX EUROPE LIMITED's sustainability program is the reduction of carbon emissions. The company has invested in energy-efficient technologies and renewable energy sources to minimize their carbon footprint. They also prioritize the responsible sourcing of raw materials and promote recycling and waste reduction.
In addition to their sustainability efforts, BORAX EUROPE LIMITED is committed to ethical business practices and has implemented a Code of Conduct that outlines their standards for responsible and fair business operations.
The company's registered office address is located in London, UK, and they can be contacted through their website, which is www.boraxeurope.com. BORAX EUROPE LIMITED is dedicated to providing high-quality products and services while also making a positive impact on the environment and society through their sustainability program.
