| 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 | 30 Jan 2026 | 51 | 29% | 33% | 38% | 79% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 48 | 32% | 32% | 36% | 75% |
| 01 Jan 2024 - 30 Jun 2024 | 12 Aug 2024 | 36 | 59% | 21% | 20% | 49% |
| 01 Jul 2023 - 31 Dec 2023 | 12 Aug 2024 | 47 | 33% | 22% | 45% | 53% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Aug 2024 | 48 | 32% | 22% | 45% | 54% |
| 01 Jul 2022 - 31 Dec 2022 | 12 Aug 2024 | 58 | 9% | 81% | 10% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 12 Aug 2024 | 59 | 9% | 49% | 42% | 30% |
| 01 Jul 2021 - 31 Dec 2021 | 12 Aug 2024 | 79 | 12% | 34% | 54% | 32% |
| 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 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 63 | 8% | 40% | 52% | 28% |
| 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% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment 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
No further comment provided
Maximum contractual payment period agreed
90
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
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
Axalta Coating Systems UK Limited is registered under SIC code 20301, covering the manufacture of paints, varnishes and similar coatings, mastics and sealants. Companies House records show it has traded under several previous names, including DuPont Performance Coatings (U.K.) Limited, DuPont Automotive Coatings (U.K.) Limited and IDAC UK Limited, before adopting its current name. It operates as part of the Axalta Coating Systems group, a manufacturer of coatings products. The company is registered in Welwyn Garden City, Hertfordshire, and remains an active private limited company, incorporated in 1988, with its role centred on coatings manufacture within the wider group's operations.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk