| 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 | 57 | 9% | 48% | 43% | 80% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 57 | 9% | 49% | 42% | 82% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 56 | 8% | 49% | 43% | 83% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 55 | 11% | 49% | 40% | 80% |
| 01 Jul 2023 - 31 Dec 2023 | 08 Feb 2024 | 55 | 10% | 48% | 42% | 80% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 55 | 12% | 47% | 41% | 79% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 54 | 9% | 51% | 40% | 82% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 55 | 13% | 47% | 40% | 83% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 56 | 9% | 47% | 44% | 86% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 59 | 9% | 44% | 47% | 86% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 59 | 9% | 44% | 47% | 88% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 54 | 6% | 60% | 34% | 89% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 54 | 12% | 52% | 36% | 87% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 53 | 9% | 59% | 32% | 93% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
U-POL LTD STANDARD PAYMENT TERMS STATE:- Payment shall be made by the Buyer within 60 days from the end of the term within which the relevant Supplier's invoice was received Terms may however may be concluded by the supplier and these terms are generally from 30 to 90 days Payments are made electronically
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
IF ALL CREDITORS WERE PAID ON DUE DATE OF INVOICE THE AVERAGE TIME TAKEN TO PAY INVOICES DROPS FROM 57 TO 54
Maximum contractual payment period agreed
90
Disputes are resolved by discussion and agreement with the supplier and are typically managed by the Finance team and Procurement team
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.
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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
U-POL Limited manufactures automotive refinishing products, including body fillers, coatings, primers, aerosols, adhesives and sealants used by professional bodyshops and technicians worldwide. The company describes itself as a world leader in automotive refinishing, with products sold through distributors in over 100 countries. Its range covers surface preparation, repair and finishing materials such as fillers, clearcoats, hardeners, thinners and specialist coatings, along with the Raptor protective coating line used for bed liners and industrial or off-road surfaces. The business, based in Wellingborough, has operated in this field for around 70 years and continues to invest in manufacturing facilities and product development for vehicle bodywork repair and refinishing applications.
Generated from the company's website and Companies House records. Sources: u-pol.com · u-pol.com