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 | 14 Jan 2026 | 35 | 34% | 57% | 9% | 73% |
| 01 Jan 2025 - 30 Jun 2025 | 10 Jul 2025 | 35 | 32% | 63% | 5% | 74% |
| 01 Jul 2024 - 31 Dec 2024 | 16 Jan 2025 | 35 | 37% | 59% | 4% | 73% |
| 01 Jan 2024 - 30 Jun 2024 | 11 Jul 2024 | 35 | 36% | 60% | 4% | 76% |
| 01 Jul 2023 - 31 Dec 2023 | 12 Jan 2024 | 33 | 42% | 54% | 4% | 75% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 33 | 46% | 51% | 4% | 79% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Jan 2023 | 32 | 44% | 52% | 4% | 76% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 30 | 47% | 50% | 3% | 74% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 33 | 45% | 51% | 4% | 71% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 33 | 47% | 49% | 4% | 71% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 33 | 40% | 56% | 4% | 76% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 32 | 43% | 53% | 4% | 73% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 32 | 43% | 54% | 3% | 77% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 31 | 44% | 53% | 3% | 77% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 31 | 46% | 50% | 4% | 76% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Under Altro's standard contractual terms for suppliers, payment is due 30 days from invoice date for valid invoices received. For those suppliers where early settlement discount is applicable, different payment terms apply. These vary from supplier to supplier and are defined by the individual contracts with them. The most common payment terms for suppliers for which settlement discount applied in the period was 14 days from invoice date.
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
90
For standard contracts we will try to settle in the first instance with negotiations between the authorised representatives of each of the parties. During this time they should continue to perform their relevant obligations, whilst working together to resolve the dispute. Accounts payable contact information is provided on all emails and remittances sent from our accounts payable team. Invoices should be forwarded to apay@altro.com for processing. Where there is no formal contract in place, the above process will also apply. For this purpose the authorised representative will be the supplier's main contact with Altro Limited for these purchases (typically the person who ordered the goods or services and who has been named on the invoice).
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
Altro Limited, previously named Adamite Company Limited until 1984, is a manufacturer of safety and hygienic flooring and wall cladding products, based in Letchworth Garden City, Hertfordshire since its 1919 incorporation. Its registered activities cover manufacture of other chemical products and plastic builders' ware, reflecting production of resilient flooring and wall covering materials. The company trades as Altro, supplying flooring and wall cladding across multiple international markets including Europe, North America, Asia Pacific and the Middle East. It remains an active private limited company registered in the UK, with its core operations centred on manufacturing rather than distribution or retail of third-party products.
Generated from the company's website and Companies House records. Sources: altro.com · find-and-update.company-information.service.gov.uk · wikidata.org