| 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 | 02 Feb 2026 | 70 | 9% | 10% | 81% | 97% |
| 01 Jan 2025 - 30 Jun 2025 | 02 Aug 2025 | 67 | 9% | 18% | 73% | 81% |
| 01 Jul 2024 - 31 Dec 2024 | 10 Jan 2025 | 63 | 10% | 28% | 62% | 20% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 64 | 10% | 23% | 66% | 35% |
| 01 Jul 2023 - 31 Dec 2023 | 15 Jan 2024 | 60 | 7% | 17% | 76% | 20% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 62 | 7% | 17% | 76% | 18% |
| 01 Jul 2022 - 31 Dec 2022 | 06 Feb 2023 | 64 | 10% | 30% | 60% | 34% |
| 01 Jan 2022 - 30 Jun 2022 | 11 Jul 2022 | 63 | 9% | 31% | 60% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 61 | 10% | 33% | 57% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 07 Jul 2021 | 63 | 10% | 29% | 61% | 10% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Jan 2021 | 62 | 13% | 32% | 55% | 14% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Jul 2020 | 67 | 10% | 21% | 69% | 62% |
| 01 Jul 2019 - 31 Dec 2019 | 13 Jan 2020 | 62 | 10% | 36% | 54% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 64 | 11% | 30% | 59% | 32% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 61 | 11% | 36% | 53% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 63 | 12% | 31% | 57% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60days from the end of the month in which the invoice is dated (i.e.EOM 60)
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
FOR ANY DISPUTES OR QUERIES, SUPPLIERS CAN EMAIL GBS.UK.AP.QUERIES@TEREX.COM THE TEAM WILL INVESTIGATE ANY DELAYS OR ISSUES IN PAYMENT IN ORDER TO RESOLVE ANY QUERIES 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.
❌
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
TEREX GB LIMITED is a leading global manufacturer of construction and mining equipment, aerial work platforms, cranes, and materials processing machinery. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes reducing waste and emissions, increasing energy efficiency, and promoting the use of renewable energy sources. TEREX GB LIMITED also ensures that their products are designed to be environmentally friendly and meet strict regulatory standards.
Some of their key products and services include hydraulic excavators, dump trucks, and crushing and screening equipment. These products are used in various industries such as construction, mining, and infrastructure development.
The company is led by a team of experienced individuals including the President and CEO, John Garrison, who has over 30 years of experience in the construction and mining industry. Other key people include the Vice President of Global Operations, Christopher Rossi, and the Vice President of Human Resources, Amy George.
TEREX GB LIMITED can be contacted through their website, which provides detailed information about their products and services, as well as news and updates. Their registered office address is located in Coventry, UK.
In conclusion, TEREX GB LIMITED is a leading manufacturer in the construction and mining industry, with a strong commitment to sustainability. Their range of products and services, along with their team of experienced leaders, make them a reliable and reputable company in the market.
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