Imperial Chemical Industries Limited demonstrates a heavily back-loaded payment pattern, with 51% of payments settling beyond 60 days and an average payment time of 72 days, indicating a structural preference for extended payment cycles rather than prompt settlement. Only 10% of payments are made within 30 days, suggesting that early or on-time payment is the exception rather than the norm for this company. The concentration of payments in the 31–60 day bracket (39%) combined with the majority exceeding 60 days points to a consistent, deliberate pattern of late-cycle settlement.
With 14% of payments classified as late and over half exceeding 60 days, suppliers face a moderately high and predictable risk of delayed cash flow when trading with this company. The payment behaviour is consistent in its lateness, which means while timing is unreliable relative to standard terms, the pattern itself is stable and somewhat foreseeable. Suppliers dependent on timely receivables to manage their own liquidity should treat this account as a reliable source of cash flow delay rather than an unpredictable one.
Imperial Chemical Industries Limited presents a moderate-to-high payment risk profile, with an average settlement time of 72 days and the majority of payments falling outside standard 30-day terms, making it unsuitable for suppliers with tight working capital requirements. Suppliers considering engagement should factor extended payment timelines into their cash flow planning and pricing models, ideally building a minimum 75–90 day receivables assumption into financial projections. Risk mitigation measures such as negotiating shorter contractual payment terms upfront, applying early payment incentives, or requiring partial advance payments are strongly advisable before extending credit to this company.
| 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 2025 - 31 Dec 2025 | 29 Jan 2026 | 72 | 10% | 39% | 51% | 14% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jan 2026 | 75 | 11% | 36% | 53% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
AkzoNobel standard payment terms are EOM 60 days+4
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
64
Any disputes on individual invoices should be raised to the AkzoNobel Group Vendor query team via our supplier invoice Portal. Resolution of disputes is handled on a case-by-case basis. The company seeks to resolve disputes as quickly as possible. The AkzoNobel Group does not currently have a process which records the percentage of payments not made within the payment period as a result of a dispute. As we are unable to accurately report our position, we have entered 0% whilst we work towards correcting this for future submissions
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
Imperial Chemical Industries Limited is a private limited company operating within the chemical industry in the United Kingdom. The company's name reflects its focus on chemical manufacturing and related industrial activities, establishing it as a recognised entity within this sector.
The company is registered at Companies House under company number 00218019 and maintains its registered office at The AkzoNobel Building, Wexham Road, Slough, SL2 5DS, placing it within the South East of England. Imperial Chemical Industries Limited was incorporated on 7 December 1926, giving the company a long-standing presence in British industry spanning nearly a century.
Companies operating within the chemical industry in the UK typically engage in the research, development, manufacture, and distribution of chemical products serving a broad range of sectors. These sectors commonly include agriculture, construction, coatings, adhesives, and industrial manufacturing, supplying both domestic and international markets with specialist chemical solutions.
With its current status recorded as active at Companies House, Imperial Chemical Industries Limited continues to maintain a formal corporate presence in the United Kingdom, operating under the governance and regulatory framework applicable to private limited companies registered in England and Wales.