| 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 | 22 Jan 2026 | 46 | 30% | 43% | 27% | 63% |
| 01 Jan 2025 - 30 Jun 2025 | 05 Aug 2025 | 39 | 45% | 38% | 17% | 36% |
| 01 Jul 2024 - 31 Dec 2024 | 25 Feb 2025 | 41 | 38% | 44% | 18% | 31% |
| 01 Jan 2024 - 30 Jun 2024 | 10 Dec 2024 | 38 | 46% | 41% | 13% | 27% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 42 | 35% | 46% | 19% | 40% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 43 | 28% | 48% | 24% | 82% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Feb 2023 | 44 | 26% | 46% | 28% | 81% |
| 01 Jan 2022 - 30 Jun 2022 | 04 Aug 2022 | 41 | 31% | 46% | 23% | 80% |
| 02 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 47 | 25% | 45% | 30% | 80% |
| 02 Jan 2021 - 01 Jul 2021 | 30 Jul 2021 | 43 | 30% | 43% | 27% | 80% |
| 04 Jan 2020 - 03 Jul 2020 | 30 Jul 2020 | 42 | 30% | 42% | 28% | 77% |
| 29 Jun 2019 - 03 Jan 2020 | 29 Jan 2020 | 46 | 23% | 45% | 32% | 81% |
| 29 Dec 2018 - 28 Jun 2019 | 24 Jul 2019 | 44 | 25% | 47% | 28% | 79% |
| 30 Jun 2018 - 28 Dec 2018 | 23 Jan 2019 | 50 | 18% | 45% | 37% | 81% |
| 30 Dec 2017 - 29 Jun 2018 | 25 Jul 2018 | 48 | 21% | 44% | 35% | 79% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Wesco Anixter’s suppliers can be split into (i) suppliers of goods, services, and software licenses for resale or “Material Vendors” and (ii) other suppliers that help us run our business or “Expense and Freight Vendors”. Standard payment terms in orders issued to Material Vendors are 90 days from (i) receipt of goods and services and/or activation of the software licence and/or completion of the services consistent with the order; and (ii) receipt of complete and correct invoice. There are no standard payment terms for contracts with Expense and Freight Vendors, but the most frequently used payment terms are 30 days from the date of the invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Wesco Anixter uses weekly payment runs to pay all of its suppliers and vendors, which is an industry common practice. The majority of invoices paid after the due date result from the weekly payment cycle, invoices received later than the payment due date and disputed invoices.
Maximum contractual payment period agreed
75
All invoicing issues are dealt in the first instance by Wesco Anixter’s accounts payable team (AP). AP will address disputes relating to non-compliant invoices and will reach out to the suppliers or internal business contacts if required.
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
Wesco Anixter UK Limited is a long-established company, incorporated in 1930, that has traded under several names, previously Webb Fasteners Limited, then Walters Hexagon Limited, then Anixter Limited, before adopting its current name in 2024. Its registered activity is non-specialised wholesale trade, and Companies House records classify it under electronics hardware. Filings show Wesco International Inc became the company's controlling party in 2020, following the earlier control of Anixter International Inc, indicating it operates as the UK entity within the Wesco group. The company is registered in Bracknell and remains active, filing accounts and confirmation statements as required.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk