Score of 89.3/100 qualifies for PaymentCheck Certification
| 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 Jan 2026 | 17 | 77% | 9% | 14% | 1% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 14 | 78% | 18% | 4% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 22 | 64% | 27% | 9% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 23 | 60% | 32% | 8% | 23% |
| 01 Jul 2023 - 30 Dec 2023 | 17 Jan 2024 | 21 | 30% | 6% | 64% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 20 Jul 2023 | 22 | 31% | 7% | 62% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 18 Jan 2023 | 14 | 83% | 12% | 5% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 13 | 84% | 12% | 4% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 12 | 88% | 10% | 2% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 12 | 89% | 8% | 2% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 13 | 91% | 8% | 0% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 10 Jul 2020 | 26 | 96% | 3% | 1% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 26 | 91% | 4% | 3% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 27 | 88% | 9% | 3% | 2% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 26 | 92% | 7% | 1% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 13 Sept 2018 | 26 | 93% | 6% | 1% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The majority of agreements between Intel Corporation (UK) Limited and suppliers contain payment terms whereby the Company is entitled to 2% Discount if payment are made to vendor within 10 days. Other common payment terms that Intel Corporation (UK) Limited utilities are 30 Days Net, 45 Days Net, 60 Days Net and 90 Days Net
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
The first level of customer service provided to the supplier is through an online portal whereby supplier can log a ticket to check payment status of an invoice. A matter can then be escalated to the Intel accounts payable Customer Service Team which represent the second level of the customer service provided to the supplier
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
Intel Corporation (UK) Limited is a multinational technology company with a focus on developing and manufacturing computer processors, motherboards, and other related products. Their registered office address is located in Swindon, Wiltshire, UK.
The company is committed to sustainability and has implemented various programs and initiatives to reduce their environmental impact. This includes investing in renewable energy sources, reducing water usage and waste generation, and promoting energy-efficient products.
Their products and services range from high-performance processors for personal computers and servers to artificial intelligence and Internet of Things (IoT) solutions. They also offer security solutions and cloud computing services.
The key people at Intel Corporation (UK) Limited include Graham Palmer, the Managing Director, and Nick Knupffer, the Director of Corporate Affairs and Communications. They can be contacted through their website, which is www.intel.co.uk, or through their registered office address.
Overall, Intel Corporation (UK) Limited is a leading technology company that is committed to sustainability and offers a wide range of innovative products and services.
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