Industry ranking
| 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 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 61 | 15% | 53% | 32% | 26% |
| 01 Oct 2023 - 31 Mar 2024 | 03 May 2024 | 65 | 12% | 51% | 37% | 27% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 60 | 13% | 53% | 33% | 23% |
| 01 Oct 2022 - 31 Mar 2023 | 02 May 2023 | 60 | 15% | 54% | 32% | 30% |
| 01 Apr 2022 - 30 Sept 2022 | 07 Nov 2022 | 56 | 14% | 56% | 30% | 34% |
| 01 Apr 2021 - 30 Sept 2021 | 02 Nov 2021 | 48 | 22% | 52% | 26% | 33% |
| 01 Oct 2020 - 31 Mar 2021 | 13 May 2021 | 55 | 20% | 51% | 29% | 36% |
| 01 Apr 2020 - 30 Sept 2020 | 10 Nov 2020 | 53 | 16% | 53% | 31% | 36% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 53 | 19% | 52% | 29% | 34% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 49 | 17% | 62% | 21% | 32% |
| 01 Oct 2018 - 31 Mar 2019 | 08 Oct 2019 | 50 | 16% | 66% | 18% | 37% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 50 | 18% | 62% | 20% | 63% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Under the company’s Standard payment term, payment is due within the first 5 days of the agreed month following the month after the invoice has been received from the supplier.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The company performs weekly payment runs and selects the invoices that are approved and due for payment before the following payment run. To determine the date that payments have been received when calculating the above payment statistics, we have added 2 working days to the date of the payment run to allow for clearing through the banking system. Approximately 93% of the overall invoices are paid on time, or are paid within 7 working days of their due date.
Maximum contractual payment period agreed
140
In the first instance, the suppliers are requested to refer to the telephone and email contact details on the purchase order. In the event of a dispute or difference arising between the parties, the dispute resolution process is outlined in section 20 of the NSG Group Conditions of Purchase (PCP2) available online at http://www.nsg.com/en/about-nsg/governance/esourcing-contracts-with-suppliers.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Pilkington Technology Management Limited is a Scottish-registered company, incorporated in 1963, forming part of the NSG Group, whose Pilkington brand manufactures glass for buildings and vehicles worldwide. Its registered activities, per Companies House, cover engineering design for industrial processes, research and experimental development in natural sciences and engineering, glass processing, and leasing of intellectual property. This suggests the entity functions as a technology and intellectual-property management vehicle within the wider Pilkington/NSG glass group rather than as a direct manufacturing or retail operation. The group's own site describes Pilkington as making glass for architectural, technical and automotive applications, but these trading activities belong to the broader NSG Group rather than to this specific registered company.
Generated from the company's website and Companies House records. Sources: pilkington.com