ATLAS COPCO LIMITED

PaymentCheck Score 2025
92Excellent
8.0vs last year
#755 in UK
#37 in East of England

Company Information

Company Number
00159809
Registered Address
Technology House, Maylands Avenue, Hemel Hempstead, England, HP2 7DF
Status
Active
Employee Count
397
Turnover
£190,169,000
EBITDA
£18,477,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 October 1919
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
East of England

Time to Pay

Average Time to Pay
13 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
79%
31-60 Days
19%
After 60 Days
2%
Not Paid Within Terms38%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202511 Jul 20251484%15%1%9%
01 Jul 2024 - 31 Dec 202423 Jan 20251379%19%2%38%
01 Jan 2024 - 30 Jun 202418 Jul 20241479%19%2%39%
01 Jul 2023 - 31 Dec 202316 Jan 20241577%21%2%42%
01 Jan 2023 - 30 Jun 202307 Jul 20231478%20%2%40%
01 Jul 2022 - 31 Dec 202211 Jan 20231676%22%2%35%
01 Jan 2022 - 30 Jun 202220 Jul 20221280%18%2%39%
01 Jul 2021 - 31 Dec 202128 Jan 20221876%22%2%43%
01 Jul 2020 - 31 Dec 202023 Feb 20212177%19%4%29%
01 Jul 2019 - 31 Dec 201904 Feb 20202277%19%4%30%

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

Standard payment terms are 30 days from receipt of invoice for all divisions except Medical, where 60 days end of month is the standard payment term.

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

Dispute Resolution Process

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.

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.

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

Company Summary

ATLAS COPCO LIMITED is a global industrial company that provides sustainable solutions for various industries such as mining, construction, and manufacturing. The company was founded in Sweden in 1873 and has since expanded its operations to over 180 countries.

The company's sustainability program, called "Sustainability@Heart", aims to reduce its environmental impact and promote sustainable practices throughout its operations. This includes setting ambitious targets for reducing carbon emissions, implementing energy-efficient solutions, and promoting circular economy principles.

ATLAS COPCO LIMITED offers a wide range of products and services, including air compressors, power tools, and vacuum pumps, to name a few. These products are designed to improve efficiency, productivity, and safety for its customers.

The key people at ATLAS COPCO LIMITED include Mats Rahmstrom, the President and CEO, and Hans Ola Meyer, the Chairman of the Board. They lead a team of over 40,000 employees who work together to achieve the company's goals and maintain its reputation as a leader in sustainability.

For more information about ATLAS COPCO LIMITED and its products and services, you can visit their website at www.atlascopco.com. The company's registered office address is at Sweden, SE-105 23 Stockholm, Sickla Industriväg 19.

Financial Metrics

Cash
£0
Net Worth
£53,962,000
Total Current Assets
£83,534,000
Total Current Liabilities
£63,378,000

Company Location