Industry ranking
| 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 | 30 Jan 2026 | 38 | 47% | 37% | 16% | 65% |
| 01 Jan 2025 - 30 Jun 2025 | 12 Sept 2025 | 37 | 49% | 40% | 11% | 67% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 37 | 49% | 40% | 11% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 31 | 49% | 47% | 4% | 85% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jan 2025 | 31 | 53% | 43% | 4% | 85% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2025 | 32 | 50% | 46% | 4% | 80% |
| 01 Jan 2023 - 30 Jun 2023 | 29 Jan 2025 | 34 | 45% | 49% | 6% | 86% |
| 01 Jul 2022 - 31 Dec 2022 | 29 Jan 2025 | 30 | 60% | 35% | 5% | 84% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jan 2025 | 31 | 51% | 45% | 4% | 89% |
| 01 Jul 2021 - 31 Dec 2021 | 29 Jan 2025 | 29 | 57% | 40% | 3% | 83% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jan 2025 | 32 | 45% | 51% | 4% | 86% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2025 | 31 | 48% | 48% | 4% | 78% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jan 2025 | 33 | 41% | 55% | 4% | 85% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2025 | 32 | 51% | 44% | 5% | 81% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 33 | 57% | 36% | 7% | 22% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 32 | 54% | 40% | 6% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 Days end of month.
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
90
Business will work with supplier and follow internal processes to ensure goods have been received/services provided and that outstanding amounts due to the supplier can be resolved and settled as soon as possible.
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.
❌
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
Spirax-Sarco Limited is a UK-registered manufacturer based in Cheltenham, incorporated in 1952. According to its registered nature of business, it manufactures fluid power equipment and machinery used in food, beverage and tobacco processing, and also carries out installation of industrial machinery and equipment. It provides engineering design activities for industrial process and production applications. The company's registered SIC codes additionally reference hospital activities. It remains an active private limited company with its registered office in Cheltenham, Gloucestershire. No further first-party website description was available to expand on its specific product range or markets served, so this summary reflects only the officially recorded business activities.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk