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 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 55 | 18% | 39% | 43% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 17 May 2024 | 54 | 20% | 42% | 38% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 17 May 2024 | 52 | 29% | 36% | 35% | 11% |
| 01 Jul 2021 - 31 Jul 2021 | 01 Feb 2022 | 65 | 20% | 21% | 59% | 6% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms above are End of Month payable on the 5th of the following month
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
150
All suppliers are referred to the Henkel Supplier Portal (ticketing system). Each supplier has full access to their account. If there is a query, the supplier raises a ticket. The Henkel Finance department responds to the ticket within 5 days.
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
Henkel UK Operations Limited is registered in Hemel Hempstead and its listed business activity is the manufacture of paints, varnishes and similar coatings, mastics and sealants. It forms part of the Henkel group, a global business operating through two units, Adhesive Technologies and Consumer Brands. The wider group develops adhesives, sealants and functional coatings for industrial and consumer use, alongside hair care and laundry and home care brands. This UK entity represents Henkel's operations in Britain within that structure, contributing to the group's adhesives and sealants manufacturing activity rather than trading as an independent standalone business.
Generated from the company's website and Companies House records. Sources: henkel.com