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 Oct 2025 - 31 Mar 2026 | 23 Apr 2026 | 31 | 64% | 24% | 12% | 0% |
| 01 Apr 2025 - 30 Sept 2025 | 24 Oct 2025 | 33 | 59% | 27% | 14% | 0% |
| 01 Oct 2024 - 31 Mar 2025 | 24 Jun 2025 | 30 | 64% | 27% | 9% | 0% |
| 01 Apr 2024 - 30 Sept 2024 | 23 Oct 2024 | 30 | 66% | 22% | 11% | 0% |
| 01 Oct 2023 - 31 Mar 2024 | 18 Apr 2024 | 33 | 60% | 26% | 14% | 0% |
| 01 Apr 2023 - 30 Sept 2023 | 20 Oct 2023 | 23 | 82% | 17% | 1% | 0% |
| 01 Oct 2022 - 31 Mar 2023 | 26 Apr 2023 | 41 | 56% | 19% | 25% | 0% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 44 | 64% | 20% | 17% | 0% |
| 01 Oct 2021 - 31 Mar 2022 | 19 May 2022 | 38 | 68% | 18% | 14% | 0% |
| 01 Apr 2021 - 30 Sept 2021 | 01 Nov 2021 | 35 | 59% | 22% | 19% | 0% |
| 01 Oct 2020 - 31 Mar 2021 | 12 May 2021 | 40 | 51% | 25% | 24% | 0% |
| 01 Apr 2020 - 30 Sept 2020 | 09 Nov 2020 | 37 | 51% | 31% | 18% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The supplier's standard payment terms are used regularly these are 30 days for locally provided goods and services and 60 days for imported goods
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
For some suppliers there are many invoices throughout the month and to prevent payments being made on every day of the month the invoices are bundled for a payment to be made on at least two dates per month spread evenly across the month. This may mean some invoices are paid earlier than the contractual date and some invoices paid later than the contractual date.
Maximum contractual payment period agreed
60
If there is a dispute about an invoice then either our Accounts Payable staff or the contract originator will contact the supplier for an explanation and then if applicable the supplier will raise a credit note or provide another method of resolution so that the invoice can be paid. The most common reason for a delay in payment is when an invoice has not been received by the supplier. Once we know this and have received the invoice it will be paid by being included in the next payment run.
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
Makita (UK) Limited is the UK entity of Makita, the Japanese-headquartered power tool manufacturer with a century of history. Its own site states that Makita operates a full-production manufacturing plant in Telford, the only one of its kind for power tools in the UK, alongside its Japanese headquarters and other global plants. The company supplies an extensive range of cordless and corded tools, including drills, saws, grinders, garden equipment and accessories, under brands such as XGT, LXT and CXT. It holds ISO certifications covering quality, information security, health and safety, and environmental management, and operates dealer networks, repair centres and warranty services across the UK.
Generated from the company's website and Companies House records. Sources: makitauk.com