ATLAS COPCO IAS UK LIMITED
Company Information
- Company Number
- 01873269
- Registered Address
- Parkway One, Parkway, Zone 2, Deeside Industrial Park, Flintshire, Wales, CH5 2NS
- Status
- Active
- Employee Count
- 212
- Turnover
- £42,854,000
- EBITDA
- £11,765,000
Additional Details
- Website
- https://atlascopco.com
- Company Type
- Private limited Company
- Incorporated On
- 19 December 1984
- Nature of Business
- 25940 - Manufacture of fasteners and screw machine products28490 - Manufacture of other machine tools
- Industries
- Coming Soon
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 52 | 23% | 46% | 31% | 16% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Jan 2025 | 49 | 23% | 47% | 30% | 33% |
| 01 Jan 2024 - 30 Jun 2024 | 11 Jul 2024 | 48 | 28% | 44% | 28% | 14% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 45 | 26% | 49% | 25% | 14% |
| 01 Jan 2023 - 30 Jun 2023 | 05 Jul 2023 | 48 | 26% | 43% | 31% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 09 Jan 2023 | 50 | 19% | 49% | 31% | 29% |
| 01 Jan 2022 - 30 Jun 2022 | 05 Jul 2022 | 51 | 22% | 42% | 36% | 16% |
| 01 Jul 2021 - 31 Dec 2021 | 10 Jan 2022 | 50 | 22% | 44% | 34% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 07 Jul 2021 | 51 | 25% | 38% | 37% | 79% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 50 | 28% | 43% | 29% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 09 Jul 2019 | 36 | 48% | 35% | 17% | 16% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 35 | 49% | 38% | 13% | 24% |
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
Standard payment terms are 60 days EOM from receipt of invoice
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
Dispute Resolution Process
If any disagreement arises out of the invoices and their payment, the matter shall be disposed of as follows: the Supplier shall send an email to invoices.gci@atlascopco.com with evidence that it met the invoicing requirements and with an explanation of its claim regarding any unpaid invoice. Accounts Payable Department should respond within 3 working days. If this dispute is not resolved, the Supplier should contact the Purchasing Manager who shall respond to the Supplier within 10 working days of receipt of the Supplier’s email and the parties will use their reasonable endeavours to resolve the matter promptly
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
ATLAS COPCO IAS UK LIMITED is a leading provider of sustainable industrial solutions, offering a wide range of products and services to customers across various industries. The company has a strong focus on sustainability and strives to minimize its environmental impact through its operations.
In terms of products and services, ATLAS COPCO IAS UK LIMITED offers innovative and energy-efficient air compressors, vacuum solutions, industrial tools, and assembly systems. These products and services are designed to improve productivity, reduce energy consumption, and minimize carbon emissions.
The company's sustainability program is centered around three key pillars: reducing environmental impact, promoting social responsibility, and ensuring economic sustainability. This includes initiatives such as energy-efficient manufacturing processes, waste reduction, and employee training programs on sustainability.
The key people at ATLAS COPCO IAS UK LIMITED include the Managing Director, who oversees the overall operations of the company, and the Sustainability Manager, who is responsible for implementing and managing the sustainability program.
To contact ATLAS COPCO IAS UK LIMITED, interested individuals can visit their website at www.atlascopco.com/uk-ias or reach out to their registered office at Atlas Copco IAS UK LIMITED, Swallowdale Lane, Hemel Hempstead, Hertfordshire, HP2 7EA, United Kingdom.
