| 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 | 30 Jul 2025 | 34 | 47% | 42% | 11% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 30 | 70% | 23% | 7% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 30 | 74% | 17% | 9% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 19 Jan 2024 | 30 | 72% | 18% | 10% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 29 | 66% | 27% | 7% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 29 | 57% | 34% | 9% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 29 | 65% | 28% | 7% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 29 | 67% | 26% | 7% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 13 Oct 2021 | 27 | 64% | 32% | 4% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 28 | 68% | 29% | 3% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 28 | 65% | 30% | 5% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 26 | 63% | 30% | 7% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Oct 2019 | 28 | 47% | 42% | 11% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 27 Feb 2019 | 30 | 60% | 32% | 8% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Feb 2019 | 26 | 54% | 24% | 22% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our stand payment terms are flexible and we work with vendors on a regular basis to ensure we meet adequate payment terms. We do for instance offer terms of 7 days to our local stand alone suppliers.
Were there any changes to the standard payment terms in the reporting period?
Working to increase our payment terms to 60 days subject to suppliers agreement. Working with suppliers to ensure the payment terms are suitable to all parties as a result many supplier have already agreed to change the terms from 30 days to 45 or 60 days.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
We continually work closely with all vendors and work to resolve any disputes in a timely manner.
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.
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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
ASMPT SMT UK Limited is a UK-registered entity within the ASMPT group, which supplies equipment for electronic circuit board assembly. The wider group describes itself as a major supplier of best-in-class equipment and partner supporting electronics manufacturers in building their intelligent factory, offering printing, inspection, placement and software solutions used in surface mount technology (SMT) production lines. Its official business classification is manufacture of special-purpose machinery not elsewhere classified. The company is registered in Weymouth, Dorset, and remains active, having been incorporated in 1967. As part of a larger international group, its own operations form a component of ASMPT's broader manufacturing and technology offering for electronics production.
Generated from the company's website and Companies House records. Sources: asm-smt.com