The trend for KONECRANES DEMAG UK LIMITED from Jan 2018 to Jun 2018 shows an average time to pay of 28 days, with 59% of invoices paid within 30 days, 40% paid between 31 and 60 days, and only 1% paid later than 60 days. The data for the remaining periods is not available.
The volatility for KONECRANES DEMAG UK LIMITED from Jan 2018 to Jun 2018 is relatively stable, with only 1% of invoices paid later than 60 days. The data for the remaining periods is not available.
For the period of Jan 2018 to Jun 2018, KONECRANES DEMAG UK LIMITED had an average time to pay of 28 days, with 59% of invoices paid within 30 days, and 40% paid between 31 and 60 days. Only 1% of invoices were paid later than 60 days.
| 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 | 24 Mar 2026 | 39 | 57% | 42% | 1% | 4% |
| 01 Jan 2025 - 30 Jun 2025 | 24 Mar 2026 | 39 | 59% | 40% | 1% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 24 Mar 2026 | 39 | 59% | 40% | 1% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Mar 2026 | 39 | 61% | 38% | 1% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Mar 2026 | 38 | 62% | 37% | 1% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 24 Mar 2026 | 39 | 58% | 41% | 1% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Mar 2026 | 40 | 53% | 46% | 1% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 24 Mar 2026 | 42 | 47% | 52% | 1% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 24 Mar 2026 | 42 | 46% | 53% | 1% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Mar 2026 | 42 | 47% | 52% | 1% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Mar 2026 | 41 | 48% | 51% | 1% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 15 Aug 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 15 Aug 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 02 Aug 2018 | 28 | 59% | 40% | 1% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms within the company ERP system for suppliers range from immediate payment to 150 days
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
150
The standard payment terms within the company ERP system for suppliers range from immediate payment to 150 days
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.
❌
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
Konecranes Demag UK Limited is registered for the manufacture of lifting and handling equipment and the installation of industrial machinery. It operates as the UK arm of the Konecranes group, a global business supplying overhead cranes, hoists, port handling equipment and lift trucks. Its UK activities cover the supply, installation, servicing, inspection and modernisation of cranes and hoists across industrial sites, alongside spare parts and digital monitoring services such as TRUCONNECT. The company also supports port and terminal customers with container handling equipment. Recent UK work referenced includes installing large-span cranes at a shipbuilding facility in Glasgow. The wider Konecranes group operates internationally, but this entity's registered role is the UK subsidiary delivering equipment installation and lifecycle services.
Generated from the company's website and Companies House records. Sources: konecranes.co.uk · konecranes.co.uk