Industry ranking
| 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 Jul 2025 - 31 Dec 2025 | 19 Jan 2026 | 33 | 42% | 57% | 1% | 35% |
| 01 Jan 2025 - 30 Jun 2025 | 23 Jul 2025 | 34 | 39% | 60% | 1% | 65% |
| 01 Jul 2024 - 31 Dec 2024 | 17 Jan 2025 | 34 | 49% | 50% | 1% | 59% |
| 01 Jan 2024 - 30 Jun 2024 | 10 Jul 2024 | 34 | 51% | 48% | 1% | 60% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Apr 2024 | 33 | 51% | 47% | 2% | 53% |
| 01 Jun 2023 - 30 Jun 2023 | 13 Jul 2023 | 35 | 43% | 55% | 1% | 75% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 32 | 52% | 47% | 1% | 55% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 33 | 48% | 51% | 1% | 51% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 33 | 42% | 56% | 2% | 55% |
| 01 Jan 2021 - 30 Jun 2021 | 15 Jul 2021 | 31 | 50% | 49% | 2% | 55% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 34 | 43% | 53% | 3% | 59% |
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | 33 | 43% | 55% | 2% | 74% |
| 01 Jul 2019 - 31 Dec 2019 | 21 Jan 2020 | 33 | 46% | 51% | 3% | 75% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 33 | 43% | 55% | 2% | 91% |
| 01 Jul 2018 - 31 Dec 2018 | 13 Feb 2019 | 40 | 44% | 56% | 0% | 97% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 38 | 48% | 52% | 0% | 96% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Unless agreed otherwise with the supplier, standard payment terms are 30 days following the month of the invoice date. The exception to this are for specific billing in relation to supplies of certain materials and services, which are on terms of 0 to 7 days. Such items account for approximately 5% of supplier invoices.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
It is normal practice for the Company to make payments to suppliers once per week for invoices that are due up to and including the payment date. Consequently, invoices falling due between payment dates will by definition be overdue when paid. Suppliers are aware of this practice, though it is not written into formal agreements. After adjusting for the effect of weekly payments 8% of payments would be classed as not within the agreed terms.
Maximum contractual payment period agreed
61
Disputed invoices will be notified to the supplier by the individual initiating the purchase, who will then work in conjunction with the procurement team to resolve the dispute.
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
Holmen Board And Paper Limited is a UK manufacturer of paper and paperboard, registered under SIC code 17120. The company operates from the Iggesund Paperboard site in Siddick, Workington, Cumbria. Companies House records show a series of name changes reflecting changes in ownership and branding: originally Thames Board Mills from 1902, then Thames Board Limited, Iggesund Paperboard (Workington) Limited, and most recently Holmen Iggesund Paperboard Limited before adopting its current name. This history indicates the entity is the UK manufacturing operation within the Holmen group, producing paperboard at the Workington mill. No further detail on specific product lines or trading activity beyond paper and paperboard manufacture is available in the evidence provided.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk