BRITISH SALT LIMITED exhibits a consistent trend of slow payments, with an average payment time of 67 days. A substantial 65% of their invoices are paid over 60 days, while only 14% are settled within 30 days, clearly indicating a trajectory towards extended payment cycles.
Payments from BRITISH SALT LIMITED demonstrate low reliability in meeting standard payment terms, as evidenced by 29% of invoices being officially late. The high proportion of payments extending beyond 60 days (65%) suggests a predictable pattern of significant delays, posing a clear risk to cash flow planning for suppliers.
Suppliers should proceed with caution due to BRITISH SALT LIMITED's consistently extended payment cycles and notable late payment rate. Key decision factors include the impact on cash flow; consider negotiating upfront payments or adjusting pricing to mitigate risks associated with their average 67-day payment period.
| 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 Oct 2025 - 31 Mar 2026 | 28 Apr 2026 | 62 | 15% | 21% | 64% | 15% |
| 01 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 67 | 14% | 21% | 65% | 29% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 63 | 14% | 21% | 65% | 19% |
| 01 Apr 2024 - 30 Sept 2024 | 22 Oct 2024 | 65 | 15% | 17% | 68% | 15% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 65 | 18% | 20% | 62% | 16% |
| 01 Apr 2023 - 30 Sept 2023 | 20 Oct 2023 | 63 | 15% | 22% | 63% | 20% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 73 | 11% | 20% | 69% | 20% |
| 01 Apr 2022 - 30 Jun 2022 | 26 Oct 2022 | 68 | 14% | 18% | 68% | 21% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 72 | 12% | 20% | 68% | 24% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 63 | 17% | 20% | 64% | 19% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 61 | 15% | 25% | 60% | 28% |
| 01 Apr 2020 - 30 Sept 2020 | 27 Oct 2020 | 62 | 15% | 25% | 60% | 23% |
| 01 Oct 2019 - 31 Mar 2020 | 20 Apr 2020 | 64 | 13% | 23% | 64% | 21% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 59 | 16% | 24% | 59% | 10% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 62 | 12% | 30% | 58% | 12% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 55 | 22% | 24% | 54% | 28% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
End of second month following month of invoice plus 3 days (63 days)
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
63
In the event of a payment dispute, the company's approach is to liaise with the vendor in order to reach a mutually satisfactory resolution. The timescale for resolution will vary depending on the nature and complexity of the dispute.
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
British Salt Limited is a UK company registered at Northwich, Cheshire, previously incorporated under the name BROOMCO (4111) LIMITED before adopting its current name in January 2008. Its registered activity, as recorded at Companies House, is extraction of salt, alongside manufacture of other inorganic basic chemicals. The company remains active, with its most recent confirmation statement dated 30 April 2026 and accounts made up to 31 March 2025. No further detail on products, customers or operational scale is available from the supplied evidence, which is limited to Companies House filing records rather than a company website or marketing material.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk