| 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 | 26 Feb 2026 | 52 | 27% | 30% | 43% | 46% |
| 01 Jan 2025 - 30 Jun 2025 | 26 Feb 2026 | 58 | 22% | 30% | 48% | 51% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 51 | 39% | 27% | 34% | 78% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | 52 | 25% | 34% | 41% | 68% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 51 | 30% | 34% | 36% | 79% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 49 | 29% | 38% | 33% | 55% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 49 | 29% | 32% | 39% | 72% |
| 01 Jan 2018 - 30 Jun 2018 | 18 Jul 2018 | 49 | 30% | 31% | 39% | 76% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
ASSA ABLOY operates with a standard set of payment terms and conditions under which invoices are paid within 60 days from the end of the month of the date on which the goods or services to which they relate have been deemed to have been delivered in accordance with the delivery terms of the contract.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We work closely with our suppliers to support the cash flow requirements of both ASSA ABLOY and our supply chain throughout the reporting period. Of the payments reported as paid outside of agreed payment terms, 73% of these were paid within 5 days of the agreed due date.
Maximum contractual payment period agreed
95
We work closely with our suppliers to ensure that any disputes are resolved on a timely basis. ASSA ABLOY Limited operates a shared service accounts payable team based in the West Midlands. If at any time a dispute arises in relation to the payment of an invoice, suppliers contact our shared service accounts payable team with details of the disputed payment together with their authorised purchase order number. The accounts payable team will use all reasonable endeavours to resolve the dispute, but will refer this to the relevant procurement department where issues cannot be resolved directly. Where disputes cannot be appropriately resolved within a reasonable time frame, ASSA ABLOY operates a policy whereby payment disputes are escalated to the senior executive team for resolution.
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
ASSA ABLOY Limited is a UK subsidiary within the ASSA ABLOY Group, based in Willenhall, West Midlands. It manufactures and supplies door opening and access solutions, including industrial doors, roller shutters and high-speed doors, digital access control systems, perimeter security hardware, timber and steel doors, door fittings, panic bars, closers and electric openers, plus cylinders, locks and keys. Its products serve sectors such as logistics, manufacturing, retail, aviation, healthcare, education, government, data centres and residential buildings, supported by a national service engineer team. Companies House records this entity under SIC codes for manufacture of metal doors and windows, and locks and hinges, reflecting its core UK manufacturing and supply role within the wider global group.
Generated from the company's website and Companies House records. Sources: assa.co.uk