Score of 89.4/100 qualifies for PaymentCheck Certification
| 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 Oct 2024 - 31 Mar 2025 | 06 Aug 2025 | 21 | 88% | 10% | 2% | 16% |
| 01 Apr 2024 - 30 Sept 2024 | 05 Dec 2024 | 24 | 80% | 16% | 4% | 23% |
| 01 Oct 2023 - 31 Mar 2024 | 05 Dec 2024 | 23 | 82% | 15% | 3% | 18% |
| 01 Apr 2022 - 30 Sept 2023 | 28 Feb 2024 | 41 | 73% | 16% | 11% | 27% |
| 01 Apr 2021 - 30 Sept 2021 | 18 Nov 2021 | 24 | 78% | 17% | 5% | 33% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 44 | 44% | 15% | 41% | 37% |
| 01 Oct 2019 - 31 Mar 2020 | 14 Apr 2020 | 26 | 74% | 17% | 10% | 22% |
| 01 Apr 2019 - 30 Sept 2019 | 09 Oct 2019 | 26 | 75% | 18% | 7% | 27% |
| 01 Oct 2018 - 31 Mar 2019 | 11 Apr 2019 | 24 | 78% | 16% | 6% | 27% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 24 | 76% | 19% | 5% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Normal terms are 90days.
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
Specific department with generic Email address to ensure someone can deal with the issue.
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
GNB Industrial Power (UK) Limited, registered as GNB Industrial Power (UK) Limited and previously known as CMP Batteries Limited, is based in Horwich, Bolton. Companies House records confirm its principal activity as the manufacture of batteries and accumulators. The company operates as part of GNB Industrial Power, which describes itself as providing stored energy solutions for motive and network power applications across the EMEA and APAC regions, with its North American operations now trading separately as Stryten Energy. The UK entity has been incorporated since 1989 and remains active, producing industrial battery products used in power and motive applications rather than consumer goods.
Generated from the company's website and Companies House records. Sources: gnb.com · find-and-update.company-information.service.gov.uk