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 Jan 2025 - 30 Jun 2025 | 26 Sept 2025 | 13 | 12% | 36% | 52% | 60% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 26 | 11% | 55% | 34% | 64% |
| 01 Jan 2023 - 30 Jun 2024 | 15 Jul 2024 | 28 | 11% | 58% | 31% | 69% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 40 | 20% | 51% | 29% | 66% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 39 | 19% | 52% | 29% | 59% |
| 01 Jan 2021 - 31 May 2021 | 18 Jun 2021 | 38 | 22% | 50% | 28% | 56% |
| 01 Jul 2020 - 31 Dec 2020 | 04 May 2021 | 38 | 28% | 44% | 28% | 56% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Sept 2020 | 50 | 11% | 45% | 44% | 61% |
| 01 Jul 2019 - 31 Dec 2019 | 22 Sept 2020 | 67 | 9% | 31% | 60% | 36% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Feb 2020 | 51 | 8% | 55% | 37% | 68% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Feb 2020 | 44 | 6% | 48% | 46% | 69% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Feb 2020 | 67 | 7% | 30% | 64% | 28% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms
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
Claim investigated by relevant department
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
Danfoss Limited is the UK entity within the Danfoss group, a Danish-founded engineering business. Group-wide, Danfoss designs equipment for mobile and industrial hydraulics, fluid conveyance, electrification and data centre applications, alongside heating and cooling systems for buildings, infrastructure and cold chain use, plus power semiconductor modules and variable speed drives for power conversion. Companies House records this entity under SIC code 32990, other manufacturing not elsewhere classified. It was incorporated in 1991 and remains active, with its registered office in Beaconsfield, Buckinghamshire, operating as the UK arm supporting the wider group's engineering and manufacturing activities rather than as an independent trading operation in its own right.
Generated from the company's website and Companies House records. Sources: danfoss.com · danfoss.com