W.L. GORE AND ASSOCIATES (U.K.) LIMITED
Company Information
- Company Number
- 00856254
- Registered Address
- One, Fleet Place, London, England, EC4M 7WS
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 August 1965
- Nature of Business
- 13960 - Manufacture of other technical and industrial textiles
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
W.L. Gore and Associates (U.K.) Limited maintains an average payment time of 43 days, indicating a consistent trend where payments frequently extend beyond typical 30-day terms. While 55% of payments are made within 30 days, a substantial 45% fall into the 31-60 day or over 60-day brackets, suggesting a recurring pattern of slower payments for a significant portion of invoices.
Volatility Analysis
The 18% late payment rate introduces a notable element of unpredictability regarding the timeliness of invoice settlement, making accurate cash flow forecasting challenging for a subset of transactions. Furthermore, 10% of payments extending beyond 60 days signals a specific cash flow risk, indicating that a portion of invoices may become significantly overdue and less reliable for short-term liquidity planning.
Summary Analysis
Suppliers should factor in the average 43-day payment cycle and 18% late payment rate, preparing for potential delays beyond standard 30-day terms. To mitigate risk, consider establishing clear payment terms aligned with this reality, potentially offering incentives for early payment or implementing proactive credit control for invoices approaching 60 days.
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 Apr 2025 - 30 Sept 2025 | 15 Oct 2025 | 43 | 55% | 35% | 10% | 18% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 40 | 59% | 29% | 12% | 22% |
| 01 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 34 | 75% | 15% | 9% | 15% |
| 01 Oct 2023 - 31 Mar 2024 | 23 Apr 2024 | 33 | 79% | 17% | 5% | 11% |
| 01 Apr 2023 - 30 Sept 2023 | 19 Oct 2023 | 32 | 83% | 13% | 4% | 11% |
| 01 Oct 2022 - 31 Mar 2023 | 24 Apr 2023 | 34 | 80% | 15% | 5% | 13% |
| 01 Apr 2022 - 30 Sept 2022 | 21 Oct 2022 | 35 | 82% | 15% | 3% | 9% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | 36 | 77% | 18% | 5% | 11% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 40 | 55% | 31% | 14% | 16% |
| 01 Oct 2020 - 31 Mar 2021 | 19 Apr 2021 | 41 | 53% | 33% | 14% | 21% |
| 01 Apr 2020 - 30 Sept 2020 | 22 Oct 2020 | 37 | 53% | 39% | 8% | 19% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 34 | 59% | 36% | 5% | 16% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 35 | 58% | 37% | 5% | 16% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 31 | 59% | 37% | 4% | 47% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 31 | 68% | 29% | 3% | 42% |
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
W. L. Gore & Associates (UK) Limited standard terms of third party invoices forgoods and services are 30 days from the invoice date on a correctly presentedinvoice, unless in accordance with the supplier terms. A correctly presentedinvoice is defined as the receipt of a complete, undisputed and properly due VATinvoice that is addressed correctly as specified in the contract. The invoice will bepaid in the subsequent payment run after the due date. Payment runs arescheduled once per week. In line with our corporate values, where the supplier isdeemed to be a Small or Medium sized Entity (SME) the Standard payment termsare reduced to under 30 days in accordance with the supplier terms.
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
Dispute Resolution Process
W. L. Gore & Associates (UK) Limited is committed to our communities and actingwith integrity. We therefore seek to advise suppliers promptly of any disputes.Invoices that are subject to dispute will not be paid until resolution of the dispute.Depending upon the issue, disputes are resolved by discussion and agreementwith the supplier and are typically managed by purchasing teams / business. Onceresolved, payment will be made in accordance with the terms of the contract.
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.
❌
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
Company Summary
W.L
GORE AND ASSOCIATES (U.K.) LIMITED is an active private limited company operating in the United Kingdom
Its legal structure identifies it as a commercial organisation
Registered in England with company number 00856254, the company was incorporated on 9 August 1965
Its registered office is located in London, at One, Fleet Place, London, England, EC4M 7WS
As a private limited company, W.L
GORE AND ASSOCIATES (U.K.) LIMITED is established to undertake a range of commercial activities
Such organisations typically focus on the provision of goods, services, or both, operating within specific market sectors in the United Kingdom
