Score of 85.4/100 qualifies for PaymentCheck Certification
| 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 |
|---|---|---|---|---|---|---|
| 02 Jun 2025 - 30 Nov 2025 | 10 Dec 2025 | 25 | 77% | 18% | 5% | 7% |
| 02 Dec 2024 - 01 Jun 2025 | 18 Jun 2025 | 22 | 75% | 22% | 3% | 6% |
| 04 Jun 2024 - 01 Dec 2024 | 13 Dec 2024 | 27 | 66% | 30% | 4% | 9% |
| 04 Dec 2023 - 03 Jun 2024 | 21 Jun 2024 | 24 | 74% | 23% | 3% | 5% |
| 28 May 2023 - 03 Dec 2023 | 21 Dec 2023 | 29 | 57% | 36% | 7% | 7% |
| 28 Nov 2022 - 27 May 2023 | 23 Jun 2023 | 32 | 52% | 43% | 5% | 13% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 30 days after the end of the month from the invoice date
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
If at any time any question, dispute or difference arises between OCADO INNOVATION LIMITED and its suppliers, Finance will take the correct measures to ensure that these are investigated and resolved in the quickest time possible to avoid disruption in supply. All escalations are directed to the Accounts Payable Manager and after this to the Head of Finance Operations where these are investigated and resolved.
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
Ocado Innovation Limited is a registered UK company, incorporated in 2013 and based in Hatfield, Hertfordshire, the registered office of Ocado Group. Its Companies House classification is other information technology service activities, and it is tagged under application software. The company forms part of Ocado Group, whose wider business builds technologies enabling automated ecommerce worldwide, including smart warehouses, robotics, mechatronics and ecommerce software. As a group entity, Ocado Innovation Limited itself is not described in available evidence as operating customer-facing services; it sits within the group's technology and innovation structure rather than as a standalone trading operation.
Generated from the company's website and Companies House records. Sources: careers.ocadogroup.com