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 manufactures water treatment chemical products, central heating system filters, plumbing consumables and diagnostic testing services, established in 1964. Its operating headquarters are in Woking, with manufacturing facilities in the UK and Europe. The company develops products for both traditional and renewable heating technologies for domestic and commercial use, supported by an in-house research and development team. Fernox Limited operates as a subsidiary of MacDermid Enthone Industrial Solutions and is a business unit of Element Solutions Inc, a global specialty chemicals group. In 2019 the Fernox brand was registered as this UK company, Fernox Ltd, reflecting a change in corporate structure.
Generated from the company's website and Companies House records. Sources: fernox.com · fernox.com