| 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 Jan 2019 - 30 Jun 2019 | 23 Aug 2019 | 108 | 1% | 19% | 80% | 16% |
| 01 Jan 2018 - 31 Jul 2018 | 14 Sept 2018 | 110 | 2% | 14% | 84% | 45% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Direct 90 Indirect 120
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
no
Maximum contractual payment period agreed
120
The business operates an accounts payable helpdesk model to service supplier queries. Queries are answered within 2 working days following receipt of the query.
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
Honeywell Control Systems Limited is a UK-registered company incorporated in 1926 and based in Bracknell, forming part of the global Honeywell corporate group. Companies House records list its nature of business as other business support service activities and other service activities, consistent with a group support or administrative role rather than a distinct trading operation. The wider Honeywell group, of which this entity is part, develops automation and control technologies and software for buildings, industrial plants and process industries such as chemicals, oil and gas, data centres and healthcare facilities, describing itself as leading the shift from automation to autonomy. No further detail on this specific entity's own trading activity is available from the evidence supplied.
Generated from the company's website and Companies House records. Sources: honeywell.com