Industry ranking
AZELIS UK LIMITED exhibits an average payment time of 38 days, consistently exceeding standard 30-day terms. While 46% of invoices are settled within 30 days, a substantial 40% fall into the 31-60 day bracket, shifting the overall payment trajectory. This indicates a regular pattern where a significant portion of payments are completed in the second month post-invoice.
The company's payment behavior shows considerable volatility, with 14% of payments exceeding 60 days and 20% formally classified as late. This suggests a notable degree of unpredictability regarding when an invoice will be settled, despite many being paid relatively quickly. This inconsistency in payment schedules poses a risk to suppliers requiring reliable and predictable cash flow.
Suppliers should anticipate an average payment cycle of 38 days, but must factor in a significant risk of up to 14% of invoices extending beyond 60 days. It is advisable to adjust cash flow projections and payment terms to accommodate this extended average and the 20% late payment rate. Consider implementing stricter credit monitoring or requesting partial upfront payments to mitigate the risk associated with potential delays.
| 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 | 31 Dec 2025 | 44 | 40% | 42% | 18% | 13% |
| 01 Jan 2025 - 30 Jun 2025 | 21 Aug 2025 | 38 | 46% | 40% | 14% | 20% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms will typically begin at a minimum 30 days from invoice date
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
Invoices out of compliance with what's expected will not be approved and an invoice dispute will be instigated with the supplier. If left unresolved it will be followed up in a timely manner with evidence of the cause of dispute also provided if necessary.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
AZELIS UK LIMITED is an active private limited company, incorporated on 22 June 1998, based in the North West region. Registered business activity: Wholesale of chemical products.
From Companies House records.