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 Jul 2025 - 31 Dec 2025 | 02 Apr 2026 | 61 | 9% | 45% | 46% | 45% |
| 01 Jan 2025 - 30 Jun 2025 | 02 Apr 2026 | 75 | 11% | 39% | 50% | 35% |
| 01 Jan 2024 - 31 Jul 2024 | 20 Oct 2024 | 73 | 11% | 44% | 45% | 35% |
| 01 Jul 2023 - 31 Dec 2023 | 20 Oct 2024 | 71 | 11% | 45% | 44% | 30% |
| 01 Jan 2023 - 31 Jul 2023 | 14 Aug 2023 | 41 | 12% | 50% | 39% | 31% |
| 01 Jan 2022 - 30 Jun 2022 | 15 Aug 2022 | 68 | 12% | 44% | 44% | 25% |
| 01 Jul 2021 - 31 Dec 2021 | 15 Feb 2022 | 61 | 11% | 54% | 35% | 31% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 69 | 8% | 47% | 45% | 20% |
| 01 Jul 2020 - 31 Dec 2020 | 17 Feb 2021 | 72 | 15% | 50% | 35% | 27% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 73 | 9% | 41% | 49% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 66 | 8% | 48% | 44% | 41% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 68 | 10% | 46% | 44% | 25% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 64 | 9% | 47% | 44% | 23% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 68 | 5% | 51% | 44% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Terms are negotiated on a vendor by vendor basis . However circumstances or events may arise that require use of alternative terms to those agreed in the standard contract.
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
120
For Pirelli standard contracts we will attempt to resolve any dispute, in the first instance with negotiations between the authorised representatives of each of the parties. This process will also apply where there are alternative arrangements in place. The authorised representative will be the supplier's main contact with Pirelli for the relative arrangements.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Pirelli UK Tyres Limited is the UK subsidiary of the Pirelli tyre group, registered in Burton-On-Trent, Staffordshire, where the group also operates a Pirelli Performance Centre. Its stated business, per Companies House, is the manufacture of rubber tyres and tubes and related retreading. The wider Pirelli group designs and supplies tyres for cars, SUVs, vans, motorcycles and bicycles, and supplies motorsport including Formula 1. Its UK website describes tyres offering safety, comfort, durability and performance, developed with car manufacturers, alongside services such as dealer networks and tyre warranties. The company operates within this global group structure, representing Pirelli's tyre manufacturing and supply activity in the UK market.
Generated from the company's website and Companies House records. Sources: pirelli.co.uk · pirelli.co.uk