| 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 | 39 | 48% | 46% | 6% | 38% |
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 42 | 38% | 52% | 10% | 34% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Jan 2025 | 36 | 54% | 43% | 3% | 23% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 41 | 42% | 47% | 11% | 25% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 33 | 61% | 33% | 6% | 51% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard contractual payment terms are Net 90 days.
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
90
Initial escalation through Accounts payable team. If not resolved the supplier contacts the responsible Procurement Buyer to help resolve. Further escalation possible to VP supply chain.
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.
❌
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
Raymarine UK Limited is registered in Fareham, Hampshire, and is recorded under the SIC code for manufacture of electronic measuring and testing equipment. It forms part of the Teledyne Raymarine group, which designs and manufactures marine electronics including chartplotters, radar, fishfinders, autopilots and sonar systems for sailing, cruising and fishing vessels. The group's products are used by recreational and professional mariners worldwide, including partnerships supplying equipment for lifeboat services. As the UK entity within this wider group, the company's own role relates to the group's marine electronics business, while design, manufacturing scale and brand activity are conducted at group level rather than solely by this registered company.
Generated from the company's website and Companies House records. Sources: raymarine.com