| 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 | 13 Jan 2026 | 50 | 15% | 53% | 32% | 26% |
| 01 Jan 2025 - 30 Jun 2025 | 25 Jul 2025 | 54 | 15% | 49% | 36% | 25% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 58 | 20% | 47% | 33% | 53% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 60 | 8% | 53% | 39% | 79% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 56 | 11% | 53% | 36% | 94% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 58 | 5% | 62% | 33% | 94% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 54 | 11% | 62% | 27% | 60% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 55 | 6% | 64% | 30% | 81% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 55 | 14% | 60% | 26% | 62% |
| 01 Jan 2021 - 30 Jun 2021 | 14 Jul 2021 | 52 | 8% | 70% | 22% | 79% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 53 | 10% | 65% | 25% | 92% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 53 | 10% | 64% | 26% | 70% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 52 | 19% | 62% | 19% | 62% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 48 | 15% | 70% | 15% | 53% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 46 | 14% | 74% | 12% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 44 | 19% | 70% | 11% | 30% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Unless otherwise agreed in writing or stated in the order, goods and services will be paid for within 30 days after the end of the month of receipt of a proper invoice, or if later, after the acceptance of the goods & services in question Were there any changes to the standard payment terms in the reporting period?
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
Payment processing is dealt with by the Accounts Payable function and any supplier payment queries that may arise are actioned by the team. In the event they are unable to resolve the matter, the query will be discussed between the supplier and the procurement account manager. Where the issue can't be resolved the dispute with be escalated to the Head of Supply Chain
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
Volac International Limited develops and manufactures feed additive products for the livestock industry, including mycotoxin remediation, phytogenics and nutraceuticals aimed at ruminant and monogastric animals. It supports farmers in improving livestock production efficiency, drawing on scientific research to create evidence-based nutrition solutions. The company also offers technical services and scientific tools such as mycotoxin testing. Registered in Hertfordshire, its work aligns with SIC codes covering the manufacture of milk products and prepared animal feeds, reflecting its role in the agricultural supply chain for animal nutrition.
Generated from the company's website and Companies House records. Sources: feed-additives.co.uk · feed-additives.co.uk · feed-additives.co.uk