Industry ranking
| 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 2021 - 31 Dec 2021 | 06 Jan 2022 | 40 | 50% | 33% | 17% | 45% |
| 01 Jan 2021 - 30 Jun 2021 | 06 Jul 2021 | 56 | 36% | 42% | 22% | 47% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Jan 2021 | 62 | 35% | 43% | 22% | 57% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Jul 2020 | 47 | 38% | 46% | 16% | 57% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 38 | 48% | 36% | 16% | 49% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 46 | 34% | 47% | 19% | 58% |
| 01 Jul 2018 - 31 Dec 2018 | 09 Jan 2019 | 39 | 47% | 40% | 13% | 51% |
| 01 Jan 2018 - 30 Jun 2018 | 05 Jul 2018 | 42 | 41% | 44% | 15% | 53% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from end of month unless otherwise agreed with supplier
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
ISC or responsible person on site contacted for pricing disputes
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
Kautex Textron (UK) Limited is a UK entity within the Kautex group, part of the wider Textron corporate group. Its registered activity is the manufacture of other plastic products. The Kautex group is a Tier One automotive supplier that designs and manufactures plastic fuel systems, battery enclosures, selective catalytic reduction systems, castings and camera and sensor cleaning solutions for global vehicle makers, as well as industrial plastic packaging. Founded in 1935, the group describes itself as a pioneer in polymer processing, operating over 30 facilities across 13 countries. This UK registered company represents the group's presence and operations within the United Kingdom rather than the parent's global manufacturing footprint itself.
Generated from the company's website and Companies House records. Sources: kautex.com · kautex.com