WD-40 COMPANY LIMITED

PaymentCheck Score 2025
84Good
1.1vs last year
#1441 in UK
#9 in Raw Materials And Intermediate Goods
#236 in South East

Company Information

Company Number
01755958
Registered Address
252 Upper Third Street, Milton Keynes, United Kingdom, MK9 1DZ
Status
Active
Employee Count
288
Turnover
£175,857,000
EBITDA
£29,468,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 September 1983
Nature of Business
20590 - Manufacture of other chemical products not elsewhere classified
Industries
Raw Materials And Intermediate Goods, Road Travel
Region
South East

Time to Pay

Average Time to Pay
29 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
85%
31-60 Days
11%
After 60 Days
4%
Not Paid Within Terms21%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-03-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Feb 202531 Mar 20252985%11%4%21%
01 Sept 2023 - 29 Feb 202427 Mar 20242779%17%4%29%
01 Mar 2023 - 31 Aug 202328 Sept 20232971%25%4%40%
01 Mar 2022 - 31 Aug 202223 Sept 20222682%16%2%16%
01 Sept 2021 - 28 Feb 202231 Mar 20222681%17%2%20%
01 Mar 2021 - 31 Aug 202128 Sept 20212878%20%2%13%
01 Sept 2020 - 28 Feb 202126 Mar 20212872%25%3%15%
01 Mar 2020 - 31 Aug 202001 Oct 20203061%36%3%41%
01 Mar 2019 - 31 Aug 201903 Oct 20193168%27%5%33%
01 Sept 2018 - 28 Feb 201915 Mar 20193068%28%4%35%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Net 30 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

60

Dispute Resolution Process

Disputes are handled by our buyers

Other Payment Information

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.

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

Company Summary

WD-40 COMPANY LIMITED is a global company that specializes in developing and manufacturing maintenance products for various industries. The company was founded in 1953 in San Diego, California and has since expanded its operations to numerous countries, including the United Kingdom.

The company's sustainability program focuses on minimizing its environmental impact and promoting sustainable practices throughout its supply chain. This includes reducing waste, conserving resources, and implementing eco-friendly packaging. WD-40 has also set goals to increase its use of renewable energy and reduce its carbon footprint.

WD-40's main product is its namesake multi-use lubricant, which is used for various purposes such as lubricating, penetrating, and protecting surfaces from rust and corrosion. The company also offers a wide range of other maintenance products, including degreasers, cleaners, and rust removers.

The key people at WD-40 COMPANY LIMITED include Garry Ridge, the CEO and President, and Jay Rembolt, the Vice President and Global Controller. The company's registered office address is located in Milton Keynes, United Kingdom.

In addition to its products, WD-40 also offers various resources and tips for customers to use their products effectively and safely. This includes a comprehensive website with product information, safety data sheets, and a blog with helpful maintenance tips.

Overall, WD-40 COMPANY LIMITED is a reputable and globally recognized company that is committed to sustainability and providing high-quality maintenance products. Its dedication to innovation and customer satisfaction has made it a leader in the industry. For more information, visit their website at www.wd40.com or contact their registered office at 1 Cathedral Piazza, London, SW1E 5BP, United Kingdom.

Financial Metrics

Cash
£25,852,000
Net Worth
£51,181,000
Total Current Assets
£90,227,000
Total Current Liabilities
£29,221,000

Company Location