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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 40 | 39% | 50% | 11% | 39% |
| 01 Oct 2024 - 31 Mar 2025 | 31 Oct 2025 | 39 | 27% | 67% | 6% | 46% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 51 | 15% | 67% | 18% | 85% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 30 | 54% | 44% | 2% | 34% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 35 | 41% | 53% | 6% | 38% |
| 01 Oct 2022 - 31 Mar 2023 | 26 Apr 2023 | 34 | 48% | 52% | 0% | 37% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | 35 | 41% | 58% | 1% | 39% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Oct 2022 | 38 | 45% | 44% | 11% | 44% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 34 | 51% | 43% | 6% | 33% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 35 | 51% | 42% | 7% | 48% |
| 01 Apr 2020 - 30 Sept 2020 | 20 Oct 2020 | 33 | 51% | 43% | 6% | 24% |
| 01 Oct 2019 - 31 Mar 2020 | 22 Apr 2020 | 31 | 55% | 42% | 3% | 30% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 30 | 57% | 41% | 2% | 25% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 28 | 64% | 33% | 3% | 11% |
| 01 Apr 2018 - 30 Sept 2018 | 25 Oct 2018 | 31 | 53% | 43% | 4% | 20% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 30 days net monthly and agreed with the supplier. Other terms can be agreed with suppliers as required.
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
30
Invoice queries are handled by the Accounts Payable (AP) team. Administrative queries are resolved within the AP team with support from the Finance Manager. Technical queries are referred to the requestor of the item or service. In case of delay or absence, this can be referred to a more senior manager. Queries relating to contractual terms typically involve the Procurement & Contracts Management team. Suppliers are also invited to provide supporting information as may be required to assist and speed up resolution.
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.
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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
PX Limited is part of px Group, a private limited company incorporated in 2002 and controlled by PX Holdings Limited since 2016. Companies House records its business activities as production of electricity, manufacture of gas, engineering related scientific and technical consulting, and other business support services. Group evidence describes px Group acting as an operator, manager or partner focused on industrial and energy sites, with related group entities including PX Supply Limited and Saltend Chemicals Park Limited. PX Limited itself functions as an operating entity within this wider group structure, based in Stockton-on-Tees, rather than as a simple holding company, providing engineering, technical and operational support connected to electricity and gas production activities.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · companiesintheuk.co.uk