| 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 | 58 | 19% | 35% | 46% | 7% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 60 | 17% | 36% | 47% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 03 Feb 2025 | 57 | 18% | 36% | 46% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 60 | 14% | 39% | 47% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 57 | 16% | 40% | 44% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 20 Jul 2023 | 56 | 17% | 41% | 42% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 60 | 16% | 38% | 46% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 57 | 18% | 37% | 45% | 7% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 59 | 16% | 35% | 49% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 63 | 9% | 31% | 60% | 4% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 61 | 13% | 34% | 53% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 60 | 15% | 31% | 54% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 58 | 16% | 37% | 47% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 58 | 14% | 37% | 49% | 5% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 61 | 11% | 38% | 51% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 65 | 6% | 35% | 59% | 64% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days Nett end of Month following delivery unless otherwise agreed by the buyer
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
99
Suppliers must submit monthly statements which allows us to check we have all invoices. Any invoices received where no Purchase Order was raised OR {for Supplies - if no Good received note generated} / {for Services - Invoices not authorised by managers} OR invoice price does not agree to Purchase Order are placed on hold until supplier can submit further documents, i.e. Order note, proof of delivery etc. If the issue is related to quality of goods or services, this will be discussed by the manager who requested the goods/services and the Supplier. If required this will be escalated up the management chain.
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.
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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
Shapers' Technical Solutions UK Ltd is registered at Droitwich, Worcestershire, and has been incorporated since 1969. It forms part of Shapers' Group, a multinational manufacturer of injection moulded plastic parts, custom mould tooling and finished assemblies. The wider group operates seven production facilities across the UK, France, Poland and India, employing over 700 people. It provides concept to production services including design, tooling, moulding, finishing and assembly, supplying markets such as automotive lighting and vehicle parts, materials handling, construction, defence and consumer products. The registered UK entity represents the group's UK manufacturing operation rather than a separate trading business, with its site trading under the Shapers' Group and Koito Europe branding.
Generated from the company's website and Companies House records. Sources: koito-europe.co.uk