Onyx Commodities Limited maintains a solid average payment time of 22 days, well within the standard 30-day threshold, indicating generally prompt settlement behavior. The majority of payments — 81% — are completed within 30 days, though a notable 16% fall into the 31–60 day band, suggesting a recurring subset of transactions that experience moderate delays. The 3% over-60-day rate is relatively low, pointing to only occasional instances of significant payment stretching.
The late payment rate of 23% introduces a meaningful degree of unpredictability, as nearly one in four invoices is not settled on time despite the favorable average payment speed. This divergence between a strong average and a high late-payment percentage suggests that while most payments are prompt, a consistent minority are problematic, creating cash flow planning risk for suppliers. The 31–60 day bucket absorbing 16% of payments reinforces that delays, when they occur, tend to be moderate rather than severe but are not isolated incidents.
Onyx Commodities Limited presents a moderate-risk profile: the 22-day average and 81% on-time rate are positives, but the 23% late payment frequency warrants caution for suppliers with tight liquidity requirements. Suppliers should consider implementing clear payment terms with early settlement incentives or modest late-payment penalties to address the recurring delay pattern. Credit limits should be set conservatively, and account monitoring is advisable to catch any deterioration in the 31–60 day or over-60-day categories early.
| 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 | 30 Jan 2026 | 22 | 81% | 16% | 3% | 23% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 28 | 69% | 24% | 7% | 35% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Most suppliers have 30 days from receipt of a correctly presented invoice.
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
35
Initial contact is to be made by the supplier to accounts payable who will then follow up internally, liaising with the supplier on a continuous basis until 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.
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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
Onyx Commodities Limited is a private limited company operating within the commodities sector. The company is based in London and conducts its business activities under the regulatory framework applicable to private limited companies registered in England and Wales.
The company was incorporated on 15 March 2000 and holds company registration number 03948550 with Companies House. Its registered office is located at 95 Cromwell Road, Second Floor, London, SW7 4DL, positioning it within a well-established commercial district of the capital.
Commodities businesses in the UK typically operate across a range of activities including the trading, brokering, and procurement of raw materials and goods such as energy products, metals, agricultural produce, or related financial instruments. Such organisations serve clients across domestic and international markets, facilitating the movement and exchange of physical or traded commodities.
With over two decades of incorporation, Onyx Commodities Limited represents an established presence within the London business community, a city recognised globally as a leading hub for commodities trading and related professional services.