| 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 | 28 Jan 2026 | 68 | 5% | 32% | 63% | 11% |
| 01 Jan 2025 - 30 Jun 2025 | 23 Jul 2025 | 75 | 6% | 20% | 74% | 29% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 69 | 8% | 19% | 73% | 18% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 72 | 6% | 18% | 76% | 24% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 67 | 9% | 20% | 71% | 13% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 69 | 7% | 20% | 73% | 68% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 67 | 9% | 22% | 69% | 70% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 72 | 7% | 19% | 74% | 65% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 69 | 8% | 23% | 69% | 51% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 71 | 6% | 23% | 71% | 68% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 69 | 8% | 26% | 66% | 67% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Feb 2021 | 68 | 8% | 27% | 65% | 62% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Dec 2019 | 65 | 14% | 32% | 54% | 70% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Dec 2019 | 59 | 14% | 29% | 57% | 52% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Dec 2019 | 55 | 19% | 32% | 49% | 59% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
For 3rd Party suppliers, the global payment terms are 90 days end of month from date of invoice with payment by the 4th working day of the following month. These terms are applied to new suppliers, and to new contracts. The procurement teams based in the local business units can deviate from these standard terms based upon spend and size of supplier company. For intercompany suppliers, the standard terms are 60 days from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
The business process for resolving disputes is managed by the local business Procurement teams, together with a central Accounts Payable Team. There is a 'no PO no Pay' policy in place throughout the organization
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
ABB Limited is a UK-registered company based in Warrington, Cheshire, incorporated in 1999 under the former name Backcloth Limited. Companies House records its business activities as the manufacture of electricity distribution and control apparatus, electrical installation work, and the wholesale of electronic and telecommunications equipment and parts, alongside head office activities. This indicates the entity is involved in producing and installing electrical distribution and control equipment and in supplying electronic and telecoms components on a wholesale basis, while also serving a head office function, likely coordinating activities for a wider corporate group. The company remains active, with accounts and confirmation statements filed up to 2025 and 2026 respectively.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk