| 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 2019 - 30 Jun 2019 | 30 Jul 2019 | 41 | 20% | 41% | 40% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days month end, but with various options to suit suppliers
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
Within 5 days of receiving notification of dispute, chief buyer responsible for reaching settlement agreement
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
Eurac Poole Limited, incorporated in 1992 and originally registered as Autogen Limited, is a Dorset-based foundry now trading as Eurac Poole, part of the wider Eurac Group with manufacturing facilities across the UK, Czech Republic and Germany. The Poole site casts, machines and distributes brake discs for the automotive industry, serving commercial, passenger and racing vehicle markets, with a stated foundry capacity of 50,000 tonnes. Group-wide, Eurac's foundries produce over 100,000 tonnes of grey iron castings annually, with additional machining, packaging, warehousing and logistics support offered to customers. The Poole entity itself operates as the UK casting and machining facility within this international manufacturing group, holding ISO 9001 accreditation.
Generated from the company's website and Companies House records. Sources: eurac-group.com · eurac-group.com