| 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 | 23 Jan 2026 | 68 | 15% | 57% | 28% | 20% |
| 01 Jan 2025 - 30 Jun 2025 | 08 Jul 2025 | 66 | 14% | 51% | 35% | 23% |
| 01 Jul 2024 - 31 Dec 2024 | 17 Jan 2025 | 60 | 16% | 54% | 30% | 23% |
| 01 Jan 2024 - 30 Jun 2024 | 11 Jul 2024 | 55 | 22% | 51% | 27% | 24% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 54 | 24% | 49% | 27% | 26% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 54 | 26% | 48% | 26% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 57 | 25% | 49% | 26% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 12 Jul 2022 | 56 | 25% | 48% | 27% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 56 | 23% | 47% | 30% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | 54 | 25% | 43% | 32% | 13% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 57 | 19% | 50% | 31% | 13% |
| 01 Jan 2020 - 30 Jun 2020 | 17 Jul 2020 | 58 | 15% | 51% | 34% | 28% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 54 | 20% | 52% | 28% | 16% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 54 | 21% | 54% | 25% | 25% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 61 | 10% | 61% | 29% | 62% |
| 01 Jan 2018 - 30 Jun 2018 | 18 Jul 2018 | 68 | 4% | 58% | 38% | 82% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days net
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The processing and payment of invoices is outsourced to a parent company shared service centre based in Poznan, Poland. There are five payment runs per month around the 1st, 8th, 15th, 22nd and 28th.
Maximum contractual payment period agreed
120
There are two forms of agreement with vendors. Either there is a signed acceptance of the Wavin standard terms and conditions or there is a formal contract or supply agreement signed by both parties. The payment terms included in either form of agreement are then used to update the vendor master data records. If the vendor challenges the terms, the Buyer or authorised representative of Wavin will be tasked to reach agreement with the vendor and will then arrange for master data changes to be made 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.
❌
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.
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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
WAVIN LIMITED is a multinational company that specializes in providing innovative solutions in the field of water management, sanitation, and energy-efficient building. With a strong focus on sustainability, the company aims to create a better future for people and the planet.
Their sustainability program includes various initiatives such as reducing their carbon footprint, promoting circular economy principles, and investing in renewable energy sources. WAVIN also works closely with local communities to improve access to clean water and sanitation.
One of their key products is the Wavin TwinWall drainage system, which is made from recycled material and is designed to efficiently manage stormwater. They also offer a range of energy-efficient heating and cooling systems for buildings, helping to reduce energy consumption and carbon emissions.
At the helm of WAVIN LIMITED is the CEO, Maarten Roef. He is supported by a team of experienced and dedicated professionals who are committed to driving the company's sustainability agenda.
To learn more about WAVIN's products and services, customers can visit their website at www.wavin.com. The company's registered office address is located at 70 30 Cannon Street, London, EC4M 6XH, United Kingdom. With their strong focus on sustainability and innovative solutions, WAVIN LIMITED is a leader in the field of water management and energy-efficient building.
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