BASF PUBLIC LIMITED COMPANY
Company Information
- Company Number
- 00667980
- Registered Address
- 4th And 5th Floors 2 Stockport Exchange, Railway Road, Stockport, United Kingdom, SK1 3GG
- Status
- Active
- Employee Count
- 442
- Turnover
- £829,270,000
- EBITDA
- £24,981,000
Additional Details
- Website
- https://basf.com
- Company Type
- Public limited Company
- Incorporated On
- 18 August 1960
- Nature of Business
- 20140 - Manufacture of other organic basic chemicals46750 - Wholesale of chemical products
- Industries
- Raw Materials And Intermediate Goods
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 | 28 Jul 2025 | 23 | 42% | 56% | 2% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 15 Jan 2025 | 31 | 37% | 60% | 3% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 08 Jul 2024 | 31 | 35% | 62% | 3% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 07 Mar 2024 | 35 | 33% | 63% | 3% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 25 | 30% | 67% | 3% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 03 Feb 2022 | 32 | 33% | 64% | 3% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Jan 2021 | 29 | 29% | 69% | 2% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 19 Aug 2020 | 33 | 34% | 63% | 3% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 20 | 46% | 50% | 4% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 15 Jul 2019 | 29 | 48% | 48% | 4% | 3% |
| 01 Jul 2018 - 31 Dec 2018 | 18 Jan 2019 | 27 | 45% | 52% | 3% | 3% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
BASF plc's standard supplier terms are to pay supplier invoices within 60 days of the invoice date, assuming that the goods or services have been delivered in accordance with the purchase order. However, payment terms may be negotiated depending on the commercial situation on a case by case basis. BASF plc makes daily payment runs.
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
380
Dispute Resolution Process
BASF plc's procurement activities include nearly everything that’s needed for the BASF products: raw materials, technical goods and services, as well as logistic solutions. We collaborate with competitive suppliers who add value for BASF and our customers. KPI's to respond to queries within 3 days. BASF plc provides access to its Vendor interactive portal to track orders and view remittance information.
Other Payment Information
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
Company Summary
BASF Public Limited Company is a global chemical company headquartered in Ludwigshafen, Germany. The company was founded in 1865 and is one of the largest chemical producers in the world.
Sustainability is a key focus for BASF, as the company aims to create responsible and sustainable solutions for a better future. They have a comprehensive sustainability program that covers all aspects of their operations, from responsible sourcing of raw materials to the development of sustainable products and technologies.
BASF offers a wide range of products and services across various industries such as chemicals, plastics, performance products, agricultural solutions, and oil and gas. Their products are used in everyday products such as food packaging, clothing, and electronics.
The company has a strong leadership team, with the Chairman of the Board of Executive Directors being Dr. Martin Brudermüller. He is supported by a team of experienced executives who are responsible for driving BASF's growth and sustainability initiatives.
BASF Public Limited Company has a global presence with operations in over 80 countries. Their registered office address is BASF SE, Carl-Bosch-Str. 38, 67056 Ludwigshafen, Germany. The company's website, www.basf.com, provides information on their products, sustainability efforts, and contact details for inquiries.
In conclusion, BASF is a leading chemical company with a strong focus on sustainability. Through their products and services, they are committed to creating a more sustainable future for all. With a global presence and a dedicated team, BASF continues to be a key player in the chemical industry.