| 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 | 21 Jan 2026 | 47 | 26% | 47% | 27% | 18% |
| 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 2020 - 30 Jun 2020 | 14 Jul 2020 | 49 | 25% | 39% | 36% | 21% |
| 01 Jul 2019 - 31 Dec 2019 | 16 Jan 2020 | 40 | 37% | 42% | 21% | 19% |
| 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% |
| 01 Jan 2018 - 30 Jun 2018 | 07 Aug 2018 | 35 | 49% | 38% | 13% | 21% |
This information is as reported by the business, and responses are in their own words.
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
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
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.
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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
Atlas Copco IAS UK Limited is a UK-registered manufacturing entity based in Flintshire, Wales, and forms part of the wider Atlas Copco group. Its registered activities cover the manufacture of fasteners and screw machine products, and other machine tools, consistent with the group's assembly systems and industrial tooling operations. The wider Atlas Copco group describes itself as a provider of productivity solutions including compressors, vacuum equipment, air treatment systems, construction equipment, power tools and assembly systems, serving industrial customers worldwide. This UK entity represents the group's local manufacturing presence for assembly and tooling products rather than the group's broader international operations, which span multiple product areas and markets.
Generated from the company's website and Companies House records. Sources: atlascopco.com