| 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 Jan 2023 - 30 Jun 2023 | 11 Jul 2023 | 45 | 13% | 74% | 13% | 27% |
| 01 Jul 2022 - 31 Dec 2022 | 07 Feb 2023 | 47 | 13% | 70% | 17% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 47 | 15% | 70% | 15% | 33% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | 48 | 15% | 67% | 18% | 31% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 47 | 16% | 64% | 20% | 35% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 45 | 13% | 70% | 17% | 39% |
| 01 Jan 2020 - 30 Jun 2020 | 04 Aug 2020 | 46 | 14% | 70% | 16% | 35% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Feb 2020 | 45 | 12% | 72% | 16% | 36% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Aug 2019 | 45 | 14% | 73% | 13% | 37% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 43 | 19% | 71% | 10% | 44% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 44 | 23% | 64% | 13% | 35% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days end of month
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
Any payment queries should be sent to accounts@multisolgroup.com and should include the relevant invoice number(s)
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.
❌
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
Multisol Europe Limited was formed in 2005 as Zenteum and later became part of Multisol, which acquired Zenteum in 2011. It operates as part of the Multisol Group, itself part of the Brenntag Group since 2011. Multisol formulates, blends and distributes high value fuel and lubricant additives, base oils and speciality chemicals, serving oil majors, lubricant blenders and industrial customers across Europe and Africa. Group services include blending, toll processing, contract packing, warehousing and procurement consolidation. The wider group operates facilities in England, France and Africa, with UK operations based in Irlam, Greater Manchester, offering laboratory, blending, packaging and storage capabilities alongside distribution partnerships with major additive and base oil manufacturers.
Generated from the company's website and Companies House records. Sources: multisolgroup.com · multisolgroup.com