International Paint Limited demonstrates a heavily back-weighted payment pattern, with 62% of payments settling beyond 60 days and an average payment time of 72 days, indicating a structural tendency toward extended payment cycles rather than an occasional delay. Only 10% of payments are made within 30 days, suggesting that early or prompt settlement is not standard practice for this company. This distribution points to a consistent and entrenched slow-payment behaviour rather than a temporary or improving trend.
With 13% of payments classified as late on top of an already extended average cycle, International Paint Limited presents a moderate-to-high reliability risk, as suppliers cannot depend on even the extended 60-day window being honoured consistently. The concentration of 90% of payments beyond the 30-day mark indicates low variability in payment speed, but in a negative direction — predictably slow rather than unpredictably erratic. While this consistency allows suppliers to forecast cash flow with some degree of certainty, that forecast will routinely assume a 60-plus day wait.
International Paint Limited represents a meaningful credit risk for suppliers operating on standard 30-day terms, and any engagement should factor in a realistic settlement window of 60–90 days when modelling cash flow exposure. Suppliers should consider negotiating payment terms that reflect actual behaviour, such as formally agreed 60-day terms with penalties for further delays, to reduce the gap between contracted and actual settlement. Credit limits should be set conservatively, and regular account reviews are advisable to monitor whether the 13% late-payment rate escalates further.
| 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 | 11 Feb 2026 | 72 | 10% | 28% | 62% | 13% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
AkzoNobel Group standard payment terms are EOM 60 days+4
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
64
Any disputes on individual invoices should be raised to the AkzoNobel group vendor query team via our supplier invoice Portal. Resolution of disputes is handled on a case-by-case basis. The company seeks to resolve disputes as quickly as possible. The AkzoNobel Group does not currently have a process which records the percentage of payments not made within the payment period as a result of a dispute. As we are unable to accurately report our position, we have entered 0% whilst we work towards correcting this for future submissions
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
INTERNATIONAL PAINT LIMITED is an active private limited company, incorporated on 18 September 1899, based in the South East region. Registered business activity: Manufacture of paints, varnishes and similar coatings, mastics and sealants 70100 - Activities of head offices.
From Companies House records.