| 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 | 64 | 9% | 38% | 53% | 69% |
| 01 Jan 2025 - 30 Jun 2025 | 01 Aug 2025 | 62 | 8% | 37% | 55% | 77% |
| 04 Jan 2020 - 03 Jul 2020 | 03 Sept 2020 | 38 | 43% | 30% | 27% | 55% |
| 29 Jun 2019 - 03 Jan 2020 | 11 Feb 2020 | 40 | 48% | 34% | 18% | 40% |
| 30 Dec 1918 - 28 Jun 2019 | 03 Sept 2019 | 44 | 43% | 35% | 22% | 34% |
| 01 Jul 2018 - 28 Dec 2018 | 29 Jan 2019 | 46 | 52% | 29% | 19% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 47 | 45% | 31% | 24% | 69% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Optimas enters into a variety of agreements with Suppliers however our Standard payment terms are 90 Days from Invoice Date
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Payments are processed weekly capturing all invoices due for payment at the end of the previous week.
Maximum contractual payment period agreed
135
Payment issue resolutions are managed by our Accounts Payable Team, with escalation routes through Senior Management.
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
Optimas OE Solutions Ltd is registered in Gloucester and forms part of the Optimas Solutions group, a global business combining fastener manufacturing and distribution. The wider group designs, manufactures and supplies engineered and standard fasteners and c-class components to manufacturers, offering inventory management, engineering support and quality assurance alongside its supply chain services. Its origins trace back to fastener distribution and manufacturing businesses established in the early twentieth century, with the Optimas brand formed in 2015 following a series of acquisitions. The UK entity operates within this international network, which serves industrial customers including automotive, truck and engine manufacturers, and holds recognised industry awards for supply performance and quality.
Generated from the company's website and Companies House records. Sources: international.optimas.com · international.optimas.com