| 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 2025 - 30 Jun 2025 | 11 Aug 2025 | 44 | 39% | 28% | 33% | 8% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 43 | 39% | 30% | 31% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 38 | 51% | 24% | 25% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 41 | 41% | 33% | 26% | 9% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 41 | 41% | 34% | 26% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 41 | 42% | 33% | 25% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 43 | 39% | 32% | 29% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 02 Feb 2022 | 43 | 38% | 32% | 30% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 41 | 41% | 30% | 29% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 37 | 49% | 29% | 22% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 45 | 37% | 34% | 29% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 37 | 43% | 37% | 20% | 7% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Sept 2019 | 35 | 43% | 31% | 26% | 7% |
| 01 Jan 2018 - 31 Dec 2018 | 05 Apr 2019 | 31 | 47% | 47% | 6% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Nov 2018 | 46 | 40% | 37% | 23% | 36% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payments made by the company will normally be made 60 days at the end of the month following the invoice date plus one English working day.
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
60
Invoice disputes are handled on a case-by-case basis by the Accounts Payable Team, with support from the operational contact within the company. In the event that a satisfactory outcome cannot be reached at this stage, the issue will be escalated within the organization until the dispute is resolved. Finning UK Ltd also operate a strict "No PO No Pay" policy, all invoices are returned to the supplier by email with a covering letter advising.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Finning (UK) Ltd is a long-established company incorporated in 1941, registered in Cannock, Staffordshire. It was originally named Bowmaker (Plant) Limited, then became Finning Limited before adopting its current name. Its registered activities are described as "Wholesale of mining, construction and civil engineering machinery" and "Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified". This indicates the company supplies and hires out heavy machinery used in mining, construction and civil engineering, rather than manufacturing it. The company remains active, with its most recent confirmation statement dated 22 March 2026 and accounts made up to 31 December 2025.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk