Farrow & Ball Limited maintains an average payment time of 28 days, sitting comfortably within standard 30-day terms and suggesting a generally prompt payment culture. However, 32% of payments are classified as late, with 26% falling in the 31–60 day band and 6% exceeding 60 days, indicating that while the majority of transactions (68%) are settled on time, a notable minority consistently drift beyond agreed terms. This split suggests the company meets its obligations reliably in most cases but has a recurring segment of slower-moving payments that suppliers should factor into cash flow planning.
The payment profile shows moderate volatility, with nearly one-third of invoices paid outside terms, creating a degree of unpredictability for suppliers reliant on consistent cash receipts. The 6% of payments exceeding 60 days represents a lower-risk tail but is not negligible, particularly for smaller suppliers with tighter liquidity requirements. Overall, payment behaviour is somewhat predictable in that the majority cluster around the 28-day average, but the consistent late-payment proportion indicates a structural rather than exceptional pattern.
Farrow & Ball Limited presents a moderate-risk payment profile, suitable for suppliers who can absorb occasional delays beyond 30 days without significant financial strain. Suppliers should consider building buffer terms into contracts — such as requesting 20-day payment terms to effectively target 30-day receipt — and implementing proactive invoice chasing procedures to address the 32% late-payment rate. Credit limits should be set conservatively until a consistent on-time payment track record is established with your business directly.
| 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 | 30 Mar 2026 | 28 | 69% | 26% | 5% | 30% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Mar 2026 | 28 | 68% | 26% | 6% | 32% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard 30-days for small suppliers. Large suppliers negotiated per contract.
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
90
• Chasers are received from suppliers either direct to PL or via the person who placed the order • The supplier account is checked to see if we have the invoice, if it is missing a copy is requested from the supplier and supplier asked to amend invoicing details to PL (if necessary) • If the invoice is attached to a purchase order the order is checked to see if it has been receipted. If it hasn’t a chaser is sent to the order raiser to either receipt the order or advise of any issues. Supplier is advised of chaser and any are issues also passed back to them • If the invoice, or an order variance is not authorised, chase the authoriser(s) to approve or advise of an issue. Supplier is advised of chaser and any are issues also passed back to them • If Invoice is authorised, check for due date and supplier payment terms and confirm these with supplier • Check for the next payment run and advise supplier of payment date
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Farrow & Ball Limited is a Dorset-based manufacturer of handcrafted paint and wallpaper, incorporated in 1971. Registered under SIC codes for wallpaper manufacture and for paints, varnishes and similar coatings, the company produces a curated palette of paint shades and wallpaper designs, sold direct and through stockists. Its products are handcrafted in Dorset using traditional techniques, and it offers colour consultancy services and showrooms for customers. The company describes itself as a certified B Corp. It operates under the Farrow & Ball name, matching its registered company name.
Generated from the company's website and Companies House records. Sources: farrow-ball.com