The average time to pay for FAURECIA EMISSIONS CONTROL TECHNOLOGIES UK LIMITED has been gradually increasing over the past three periods. In July 2022, the average time to pay was 59.2 days, which increased to 61.2 days in January 2023, and further increased to 63 days in July 2023.
The volatility in the average time to pay for FAURECIA EMISSIONS CONTROL TECHNOLOGIES UK LIMITED has been minimal over the past three periods. The difference between the shortest (or only) standard payment period and the average time to pay has been consistent at 15 days.
In the latest period of July 2023, FAURECIA EMISSIONS CONTROL TECHNOLOGIES UK LIMITED took an average of 63 days to pay invoices to suppliers. This is an increase of 3.8% from the previous period of January 2023, where the average time to pay was 61.2 days. However, there has been a gradual improvement in the percentage of invoices paid within 30 days, with an increase of 4% from 19% in July 2022 to 23% in January 2023. The company has also maintained a consistent standard payment period of 15 days.
| 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 | 49 | 39% | 33% | 28% | 0% |
| 01 Jan 2025 - 30 Jun 2025 | 03 Oct 2025 | 72 | 22% | 30% | 48% | 27% |
| 01 Jul 2024 - 31 Dec 2024 | 07 Feb 2025 | 74 | 18% | 33% | 49% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 07 Feb 2025 | 82 | 13% | 31% | 56% | 0% |
| 12 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 63 | 19% | 40% | 41% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payments to suppliers are often mandated by our final customer due to the business that we operate in. They also vary widely depending on the service provided by the supplier and if there are any specific terms agreed with suppliers.
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
"FECT UK Ltd" is part of the wider Faurecia Group (which, along with Hella, forms the FORVIA Group) and is fully committed to paying all supplier invoices within the agreed payment terms period. It is essential for suppliers to provide correct PO's and to follow the Groups' invoicing rules to ensure there are no delays to payment of invoices.
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
Faurecia Emissions Control Technologies UK Limited is a UK registered company previously named Emcon Technologies UK Limited and ET UK Industries Limited. Companies House records its nature of business as manufacture of other parts and accessories for motor vehicles, indicating a focus on emissions control components for the automotive sector. The company is majority owned by Faurecia S.E., a French registered entity holding 75% or more of its shares and voting rights, making this entity part of a wider international automotive parts group rather than an independently trading manufacturer. It remains an active company registered in London, filing regular accounts and confirmation statements with Companies House.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk