| 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 | 21 Jul 2025 | 55 | 8% | 65% | 27% | 88% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 60 | 6% | 60% | 34% | 98% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 60 | 8% | 57% | 35% | 90% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 54 | 15% | 49% | 35% | 90% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 50 | 19% | 50% | 31% | 76% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 41 | 31% | 50% | 19% | 66% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 44 | 24% | 57% | 19% | 72% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 38 | 35% | 54% | 11% | 56% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 32 | 65% | 26% | 9% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 37 | 55% | 31% | 14% | 36% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 37 | 52% | 34% | 14% | 41% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 42 | 49% | 40% | 11% | 37% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 35 | 52% | 41% | 7% | 38% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Xaar’s standard terms are 60 days following the end of the month. https://www.xaar.com/media/2346/xaar-terms-and-conditions-of-purchase-v7-oct20.pdf. However there are agreements with many suppliers where the terms differ from Xaar’s standard terms, and are in most cases shorter.
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
Xaar is committed to building and maintaining strong relationships with our suppliers and seeks to resolve invoice queries/disputes with suppliers as quickly as possible. The majority of Xaar’s supplier relationships are covered by our standard terms and conditions. The dispute resolution process in these cases will be as stated below. Most invoices are issued against a Xaar purchase order. Queries for these invoices are passed by Accounts Payable to the Purchasing department, which is responsible for raising Purchase Orders with suppliers, for investigation and resolution. For any non-purchase order invoices, Accounts Payable will either raise queries with suppliers directly or will work in collaboration with the internal invoice owner in order to resolve with the supplier. Where there is a specific agreement in place with a supplier, a specified dispute resolution clause will be included in the agreement. The exact wording of the clause will vary but the process is likely to be that Xaar and the supplier will attempt to settle the dispute themselves; if no resolution is found then it will be taken to an independent body to resolve; and then to Court if the dispute cannot be resolved.
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
Xaarjet Limited is registered at the same Cambridge address as Xaar plc, the parent of the Xaar group, and is referenced in the group's own materials as operating a Swedish branch ("XaarJet Limited filial") in Solna. The wider Xaar group designs, manufactures and sells piezoelectric drop-on-demand inkjet printheads, printbars, print engines and fluid management systems used by original equipment manufacturers across industrial printing applications such as packaging, labelling, ceramics, glass decoration and coding. Group research and development supports patented printhead and jetting technologies. Xaarjet Limited itself functions as part of this corporate group's structure rather than as an independent trading operation, with its Companies House record showing manufacture of electrical equipment and research and development as its registered activities.
Generated from the company's website and Companies House records. Sources: xaar.com · xaar.com · xaar.com