Score of 93.2/100 qualifies for PaymentCheck Certification
| 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 | 15 Jan 2026 | 9 | 93% | 6% | 1% | 12% |
| 01 Jan 2025 - 30 Jun 2025 | 11 Jul 2025 | 14 | 84% | 15% | 1% | 9% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 13 | 79% | 19% | 2% | 38% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 14 | 79% | 19% | 2% | 39% |
| 01 Jul 2023 - 31 Dec 2023 | 16 Jan 2024 | 15 | 77% | 21% | 2% | 42% |
| 01 Jan 2023 - 30 Jun 2023 | 07 Jul 2023 | 14 | 78% | 20% | 2% | 40% |
| 01 Jul 2022 - 31 Dec 2022 | 11 Jan 2023 | 16 | 76% | 22% | 2% | 35% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 12 | 80% | 18% | 2% | 39% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 18 | 76% | 22% | 2% | 43% |
| 01 Jul 2020 - 31 Dec 2020 | 23 Feb 2021 | 21 | 77% | 19% | 4% | 29% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 17 | 81% | 15% | 4% | 26% |
| 01 Jul 2019 - 31 Dec 2019 | 04 Feb 2020 | 22 | 77% | 19% | 4% | 30% |
| 01 Jul 2018 - 31 Dec 2018 | 16 Jan 2019 | 29 | 59% | 28% | 13% | 45% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 23 | 76% | 18% | 6% | 54% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 30 days from receipt of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The Company uses its reasonable endeavours to pay invoices promptly in accordance with its contractual payment terms unless an invoice is disputed.
Maximum contractual payment period agreed
120
There are several divisions in the legal entity Atlas Copco ltd., each is responsible for its own suppliers’ complaints. Each division has a designated contact e-mail address and/or phone number for the accounts payables teams, who should be contacted in case of any query related to a supplier’s invoice. Simple queries/complaints are handled directly through e-mail or phone. More complex disputes are logged in the ERP system or in a separate follow-up sheet depending on the division and followed up with the supplier. If the disputes are not resolved within a reasonable amount of time, the supplier should contact their purchasing contact, and the parties will use their reasonable endeavours to resolve the matter promptly.
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
Atlas Copco Limited is a UK registered company first incorporated in 1919, originally as Atlas Copco (Great Britain) Limited and later renamed Atlas Copco Compressors Limited before adopting its current name in 2010. Companies House records list its nature of business as other business support service activities, and it is tagged within the heavy equipment and machinery industry. The company files annual accounts and confirmation statements in the UK and has had various registered charges, since satisfied. Based on the available records, it operates as a UK entity linked to compressor related activity within the wider Atlas Copco group, though full details of its current trading operations are not set out in the evidence provided.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk