MACDERMID AUTOTYPE LIMITED carries an average payment time of 44 days, which exceeds the standard 30-day benchmark and indicates a consistent tendency toward extended payment cycles. The distribution shows that 58% of payments are made within 30 days, while a significant 35% fall within the 31–60 day band, suggesting a recurring pattern of delayed settlement rather than isolated incidents. The 7% of payments exceeding 60 days, while relatively low, confirms that a minority of transactions extend well beyond acceptable terms.
With 14% of payments classified as late, MACDERMID AUTOTYPE LIMITED presents a moderate level of payment unreliability that suppliers should factor into cash flow planning. The broad spread across payment bands — from under 30 days to over 60 days — indicates inconsistent payment behaviour, making precise receivables forecasting challenging. This variability suggests internal processing irregularities or selective prioritisation of invoices rather than a systematic payment approach.
MACDERMID AUTOTYPE LIMITED represents a moderate payment risk, acceptable for ongoing supply relationships but requiring active credit management given the 44-day average and 14% late payment rate. Suppliers should consider setting invoice terms at 30 days net to allow buffer time, and implement early payment incentives or automated payment reminders to encourage timely settlement. Credit limits should be reviewed regularly, and for higher-value transactions, securing partial upfront payment or a shorter net term is advisable to reduce exposure.
| 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 2024 - 31 Dec 2024 | 31 Jan 2025 | 44 | 58% | 35% | 7% | 14% |
| 01 Jan 2024 - 30 Jun 2024 | 15 Aug 2024 | 41 | 71% | 24% | 5% | 57% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
MacDermid Autotype Limited have, what the firm believes to be, fair and reasonable payment practices and an established standard payment term from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
For dispute resolution, vendors can contact MacDermid Autotype Ltd via email at wantageinvoices@macdermid.com. If their query is not satisfactorily resolved, the escalation process is as follows: first, the AP Supervisor; second, the AP Manager; and finally, the Finance Director.
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
MacDermid Autotype Limited is a UK-registered manufacturer classified under the manufacture of other plastic products. Incorporated in 1923, it traded first as The Autotype Company Limited, then as Autotype International Limited from 1976, before adopting its current name in 2005. Its directors are linked to addresses in Connecticut, USA, indicating it operates as part of a US-connected corporate group, MacDermid, with its registered office in Wantage, Oxfordshire. The evidence available does not describe the specific products manufactured beyond the plastics-related SIC classification. No further detail on operations, customers or markets is provided in the supplied evidence.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk