FERNOX LIMITED posts an average payment time of 43 days, sitting 13 days beyond the standard 30-day benchmark, indicating a consistent tendency toward extended payment cycles. While 70% of invoices are settled within 30 days, the remaining 30% fall into the 31–60 day band, suggesting a predictable two-tier payment pattern rather than random delays. No payments exceed 60 days, which confirms that while slow payments occur, they remain bounded and do not escalate into severe delinquency.
The payment profile is relatively predictable, with a clean distribution across only two time bands and zero exposure beyond 60 days, reducing tail risk for suppliers. However, a 30% late payment rate is a notable reliability concern, meaning roughly one in three invoices will require active follow-up or extended cash flow planning. The consistency of this pattern across the data suggests this is structural behavior rather than isolated incidents, making it a dependable but not negligible risk factor.
FERNOX LIMITED presents a moderate payment risk profile — acceptable for most suppliers but requiring proactive credit management given the 30% late payment rate and 43-day average. Suppliers should consider building a 45-day cash flow buffer into financial planning and establishing clear payment terms with agreed late payment escalation clauses before onboarding. Offering early payment incentives or requiring partial upfront payment on larger orders would be practical mitigation strategies 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 | 43 | 70% | 30% | 0% | 30% |
| 01 Jan 2024 - 30 Jun 2024 | 15 Aug 2024 | 38 | 93% | 7% | 0% | 65% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Fernox 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
60
For dispute resolution, vendors can contact Fernox Ltd via email at ukaccountspayable@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
Fernox Limited is a private limited company operating in the United Kingdom. The company operates under the Fernox brand, which is widely recognised in the heating and plumbing industry as a specialist provider of water treatment products and solutions for heating systems.
Fernox Limited is registered at Companies House under company number 00208173, with its registered office located at Unit 2 Genesis Business Park, Albert Drive, Sheerwater, Woking, Surrey, GU21 5RW. The company is situated in the South East of England and was incorporated on 1 September 1925, making it a long-established business with nearly a century of trading history.
As a company operating in the water treatment and heating system sector, Fernox supplies products such as corrosion and scale inhibitors, system cleaners, and filtration solutions designed to protect and maintain central heating systems. These products are used across both residential and commercial properties throughout the UK, serving sectors including plumbing, heating engineering, and building services.
With its roots dating back to 1925, Fernox Limited represents one of the more established private limited companies in its field, maintaining an active status and a continued presence in the South East of England.