Industry ranking
Score of 82.6/100 qualifies for PaymentCheck Certification
URENCO ENRICHMENT COMPANY LIMITED demonstrates a strong positive trend in payment speed, with 97% of invoices settled within 30 days. While the average payment time is 31 days, reflecting a small percentage paid between 31-60 days, no payments have extended beyond 60 days, indicating consistent management of payables.
The company exhibits low payment volatility, with 97% of invoices paid within 30 days and 0% exceeding 60 days. Although 5% of payments are classified as late, this minor delay typically falls within the 31-60 day window, indicating high reliability and predictability for suppliers.
URENCO ENRICHMENT COMPANY LIMITED presents as a highly reliable payment partner, with a strong record of timely settlements. Suppliers can generally expect prompt payment; however, maintaining open communication regarding invoice due dates is a prudent strategy for the infrequent 5% late instances.
| 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 | 27 Jan 2026 | 29 | 82% | 10% | 8% | 17% |
| 01 Jan 2025 - 30 Jun 2025 | 17 Jul 2025 | 31 | 74% | 16% | 10% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Jan 2025 | 31 | 97% | 3% | 0% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 25 | 83% | 17% | 0% | 13% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from receipt of correct invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
61
All contracts have standard DR clauses and an accompanying additional process should disputes not be resolved at contract level.
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
Urenco Enrichment Company Limited is a subsidiary within the Urenco group, based in Paddington, London. According to Urenco's own website, this entity is responsible for sales, supply and logistics functions, alongside other business activities, and is registered with a head office activities classification. The wider Urenco group is an international supplier of uranium enrichment services and fuel cycle products to the civil nuclear industry, operating enrichment facilities in the UK, Germany, the Netherlands and the USA, and supplying utility customers who generate low carbon electricity. Group operations also include tails management, nuclear stewardship and stable isotope production. This registered company itself does not operate enrichment facilities but supports the group's commercial and logistical functions from its London base.
Generated from the company's website and Companies House records. Sources: urenco.com · urenco.com