| 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 2020 - 31 Dec 2020 | 17 Feb 2021 | 124 | 14% | 26% | 60% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 86 | 37% | 23% | 40% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 25 Feb 2020 | 35 | 83% | 6% | 11% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 32 | 81% | 10% | 9% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 42 | 77% | 9% | 14% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Terms are negotiated on a vendor by vendor basis. However circumstances or events may arise that require use of alternative terms to those agreed in the standard contract.
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
248
We will attempt to resolve any dispute in the first instance with negotiations between the authorised representatives of each of the parties.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Pirelli International Limited is a UK-registered company forming part of the wider Pirelli group, best known internationally for designing and manufacturing tyres for cars, motorcycles and bicycles, including performance and motorsport products. Companies House records this entity's nature of business as financial intermediation, indicating it operates as a finance or holding entity within the group's UK structure rather than as the trading or manufacturing arm itself. The group's own UK website describes Pirelli's tyre development, technology and dealer network, but these operating activities are attributed to the wider Pirelli business rather than to this specific registered company, which appears to hold an internal financial or administrative role within the corporate group.
Generated from the company's website and Companies House records. Sources: pirelli.co.uk