DAIKIN AIRCONDITIONING UK LIMITED typically settles invoices within an average of 29 days, with a strong 76% paid within 30 days, indicating a generally prompt payment trend. However, a significant 44% late payment rate suggests that while most payments are quick, a notable portion consistently exceeds their contractual due dates. This pattern shows a trajectory of mostly timely payments, but with a persistent subset experiencing delays.
While the majority of payments are prompt, the 23% falling into the 31-60 day bracket introduces a moderate level of variability and some unpredictability in individual invoice settlement times. The very low 1% of payments exceeding 60 days suggests a minimal risk of extreme long-term delays. The 44% late payment figure points to a consistent risk that a substantial portion of invoices may not be paid by their agreed due date, affecting cash flow predictability.
Overall, DAIKIN AIRCONDITIONING UK LIMITED is a generally reliable payer, with a high percentage of invoices settled quickly, making them a low-to-moderate risk for suppliers. Key decision factors include the strong average payment time balanced against the significant 44% late payment rate, which could impact short-term cash flow. Suppliers should consider monitoring payment performance closely or adjusting credit terms to mitigate risks associated with potential delays for a sizable portion of invoices.
| 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 | 14 Oct 2025 | 35 | 70% | 23% | 7% | 31% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 31 | 68% | 27% | 5% | 47% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
These vary from supplier to supplier the most common of which are 30 days after invoice date. A significant number of suppliers have immediate payment terms.
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
60
Suppliers are encouraged to submit queries to a central finance mailbox, accounts@daikin.co.uk. Our aim is to review these queries on a daily basis and resolve the issue as soon as is practically possible. The Accounts Payable team will escalate any disputes they are unable to resolve to the Finance Assistant in the first instance and if needed to the Finance Manager. We also have an automated switchboard which allows suppliers to speak directly with a member of the finance staff.
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
DAIKIN AIRCONDITIONING UK LIMITED is an active private limited company operating within the United Kingdom. Based on its name and company type, it specialises in the air conditioning sector.
The company was incorporated on 13 December 2002 and is registered under company number 04616794. Its registered office is located at The Heights, Brooklands, Weybridge, Surrey, KT13 0NY, placing its operations within the South East of England.
In the UK market, an air conditioning company typically provides the design, supply, installation, and ongoing maintenance of various climate control systems. This often includes offering a range of products and solutions for residential, commercial, and industrial applications.