AIR PRODUCTS PUBLIC LIMITED COMPANY
Company Information
- Company Number
- 00103881
- Registered Address
- 1000 Hillswood Drive, Chertsey, England, KT16 0PS
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 5 July 1909
- Nature of Business
- 20110 - Manufacture of industrial gases
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
AIR PRODUCTS PUBLIC LIMITED COMPANY exhibits a clear trend of extended payment cycles, with an average payment time of 41 days. A significant majority (51%) of payments fall within the 31-60 day window, indicating a consistent pattern of settling invoices beyond the typical 30-day term. While 38% are paid within 30 days, the overall trajectory points towards slower payment processing.
Volatility Analysis
The company demonstrates low payment reliability, with 75% of payments being late, which introduces significant unpredictability for suppliers' cash flow. Furthermore, 11% of payments extending beyond 60 days indicates a notable risk of substantial delays for a portion of invoices. This data suggests a volatile payment pattern that requires careful consideration.
Summary Analysis
Overall, suppliers should anticipate an average payment time of 41 days, with a high likelihood (75%) of payments being late. It is recommended to account for extended payment terms and potential significant delays (11% over 60 days) when setting credit limits and managing cash flow. To mitigate risk, consider negotiating shorter payment terms or implementing payment incentives.
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 Apr 2025 - 30 Sept 2025 | 21 Oct 2025 | 41 | 38% | 51% | 11% | 75% |
| 01 Oct 2024 - 31 Mar 2025 | 02 May 2025 | 48 | 42% | 46% | 12% | 58% |
| 01 Apr 2024 - 30 Sept 2024 | 21 Oct 2024 | 38 | 72% | 21% | 7% | 29% |
| 01 Oct 2023 - 31 Mar 2024 | 17 Apr 2024 | 43 | 64% | 24% | 12% | 25% |
| 01 Apr 2023 - 30 Sept 2023 | 11 Oct 2023 | 44 | 63% | 26% | 12% | 20% |
| 01 Oct 2022 - 31 Mar 2023 | 21 Apr 2023 | 42 | 64% | 23% | 13% | 20% |
| 01 Apr 2022 - 30 Sept 2022 | 19 Oct 2022 | 42 | 65% | 25% | 10% | 22% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | 42 | 64% | 23% | 13% | 20% |
| 01 Apr 2021 - 30 Sept 2021 | 19 Oct 2021 | 47 | 58% | 26% | 16% | 25% |
| 01 Oct 2020 - 31 Mar 2021 | 23 Apr 2021 | 42 | 63% | 24% | 13% | 20% |
| 01 Apr 2020 - 30 Sept 2020 | 21 Oct 2020 | 42 | 58% | 26% | 16% | 27% |
| 01 Oct 2019 - 31 Mar 2020 | 27 Apr 2020 | 45 | 59% | 26% | 15% | 29% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Oct 2019 | 42 | 57% | 31% | 12% | 29% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 45 | 53% | 31% | 16% | 29% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 52 | 57% | 30% | 13% | 31% |
| 01 Oct 2017 - 31 Mar 2018 | 27 Apr 2018 | 41 | 57% | 30% | 13% | 32% |
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
Air Products standard payment terms globally are Net 45 days date of invoice (d.o.i), unless this cannot be legally applied in the country. Air Products’ policy is to pay suppliers according to the terms on the Purchase Order (PO) provided the invoice is error free and goods receipt is verified. The Air Products recommended Payment Terms for business conducted in Europe are: Standard - Net 45 days – where permissible by law or suppliers Non-standard – determined on a supplier by supplier basis depending on business/supplier requirement
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We currently process payments once per week, covering only invoices that are due. As a result, our late payment metrics have increased. To address this, we will change the payment day starting next period to assess whether this improves the figures.
Maximum contractual payment period agreed
77
Dispute Resolution Process
All invoices are reviewed by accounts payable specialist. In cases where it is clear that invoices are erroneous, they will be returned externally to the vendor/supplier for immediate correction and re-issue. For discrepancies, invoices are held by an accounts payable specialist and referred for further investigation with the relevant procurement/business department . In both instances, the accounts payable specialist/manager will follow up with regular communications internally and externally to investigate the progress in resolving the discrepancies with a view to having the invoice recorded and paid in the shortest time possible.
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.
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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
Company Summary
AIR PRODUCTS PUBLIC LIMITED COMPANY is an active Public limited Company
Its name signifies an operation focused on products and services related to air
Incorporated on 5 July 1909, the company holds the active company number 00103881
Its registered office is located at 1000 Hillswood Drive, Chertsey, England, KT16 0PS, situated within the South East region
Companies operating in the 'air products' sector typically specialise in the production, distribution, and supply of industrial and atmospheric gases
These commonly include oxygen, nitrogen, and argon, along with associated equipment and services for various industrial applications throughout the UK market
