AXALTA COATING SYSTEMS UK LIMITED
Company Information
- Company Number
- 02238419
- Registered Address
- Unit 1 Quadrant Park, Mundells, Welwyn Garden City, Hertfordshire, AL7 1FS
- Status
- Active
- Employee Count
- 51
- Turnover
- £52,591,000
- EBITDA
- -£5,978,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 March 1988
- Nature of Business
- 20301 - Manufacture of paints, varnishes and similar coatings, mastics and sealants
- Industries
- Raw Materials And Intermediate Goods
- Region
- East of England
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 2021 - 30 Jun 2021 | 28 Jul 2021 | 68 | 7% | 33% | 60% | 31% |
| 01 Jul 2020 - 31 Dec 2020 | 01 Feb 2021 | 72 | 13% | 24% | 63% | 71% |
| 01 Jul 2019 - 31 Dec 2019 | 07 Feb 2020 | 54 | 6% | 60% | 33% | 25% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 59 | 6% | 60% | 34% | 28% |
| 01 Jul 2018 - 31 Dec 2018 | 26 Jul 2019 | 53 | 3% | 60% | 37% | 26% |
| 02 Jan 2018 - 30 Jun 2018 | 26 Jul 2019 | 42 | 21% | 59% | 20% | 41% |
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 Paymnet Terms are 60 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
Vendor contacts shared service centre in Asturias Spain (all calls are charged at UK standard rates), If AP support is unable to resolve the query they make direct contact with the local site / the employee who raised the PO to try and resolve the issue with the vendor ASAP.
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
AXALTA COATING SYSTEMS UK LIMITED is a leading global supplier of coatings and application tools for a wide range of industries, including automotive, transportation, and industrial coatings. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program, called "Sustainability in Action," focuses on four key areas: reducing waste and emissions, conserving resources, promoting safety and health, and engaging with the community. The company has set ambitious goals to reduce their greenhouse gas emissions, water consumption, and waste generation by a certain percentage by 2025.
In terms of products and services, AXALTA COATING SYSTEMS UK LIMITED offers a variety of high-performance coatings, primers, and application tools for different surfaces and industries. Their products are designed to enhance durability, performance, and aesthetics while also considering environmental impact.
The company is led by a team of experienced and dedicated professionals, including their managing director, technical director, and commercial director. They are committed to driving innovation and sustainability within the company.
For any inquiries or information, AXALTA COATING SYSTEMS UK LIMITED can be contacted through their website, www.axaltacs.com/uk, or their registered office address at 3 More London, Riverside, London, SE1 2AQ.
