ICS COOL ENERGY LIMITED demonstrates a heavily back-loaded payment pattern, with 56% of invoices settled beyond 60 days and an average payment time of 60 days, indicating a structural preference for extended payment cycles rather than prompt settlement. Only 8% of payments are made within 30 days, suggesting that early or standard-term payments are the exception rather than the norm. The concentration of payments in the 31-60 day bracket (36%) combined with the dominant over-60-day category confirms a consistent pattern of delayed settlement across the payment cycle.
Despite the slow payment profile, the relatively low late payment rate of 9% suggests that while ICS COOL ENERGY LIMITED pays slowly, it does so with reasonable predictability and largely honors agreed terms without formal default. The spread across all three payment bands indicates some variability in settlement timing, which may reflect inconsistent internal approval processes or cash flow management practices. Suppliers can expect payments to arrive predominantly in the 31-60 day window or beyond, but outright non-payment risk appears limited based on the available data.
ICS COOL ENERGY LIMITED presents a moderate-to-elevated payment risk profile, primarily driven by its 56% over-60-day payment rate, which could strain supplier cash flow if payment terms are not carefully structured. Suppliers are advised to negotiate explicit payment terms of 60 days to align with actual behavior, and to consider pricing adjustments or early payment incentives to encourage faster settlement. Credit limits should be set conservatively, and regular account reviews are recommended to monitor any deterioration in the 9% late payment rate.
| 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 | 29 Jan 2026 | 60 | 8% | 36% | 56% | 9% |
| 01 Jan 2025 - 30 Jun 2025 | 16 Dec 2025 | 59 | 8% | 36% | 56% | 10% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 60 days EOM, however we do have terms that are more favourable such as 7 days or 30 days for smaller companies or subcontractors.
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
We contact our supplier and talk to our internal resource to understand the dispute with a view to resolve the query as soon as possible
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
ICS Cool Energy Limited is a private limited company operating in the temperature control and cooling energy sector. The company specialises in providing industrial and commercial cooling and temperature management solutions to businesses across the UK market.
The company is registered in England and Wales under company number 05509182 and maintains its registered office at ICS House, Stephenson Road, Calmore Industrial Estate, Totton, Southampton, Hampshire, SO40 3SA. Incorporated on 14 July 2005, the business is based in the South East of England and holds active trading status.
Businesses operating in the cool energy and temperature control sector typically provide services such as the hire and sale of industrial chillers, temperature control units, and cooling equipment. These organisations serve a broad range of industries including manufacturing, food and beverage production, pharmaceuticals, and construction, supplying both short-term hire solutions and long-term permanent installations.
With its established presence on the Calmore Industrial Estate in Totton, ICS Cool Energy Limited operates from a location well positioned to serve clients across the South East and beyond, benefiting from strong regional transport links in the Southampton area.