The average time taken for AGGREKO UK LIMITED to pay invoices has decreased over the past three periods, from 57 days in the first half of 2018 to 25 days in the first half of 2020. However, there was a slight increase in the average time in the second half of 2020, with the average time increasing to 52 days.
The percentage of invoices paid within 30 days by AGGREKO UK LIMITED has fluctuated between 26% and 32% over the past three periods. The percentage of invoices paid between 31 and 60 days has also fluctuated, with a high of 48% in the first half of 2020 and a low of 35% in the second half of 2019. The most volatile measure is the percentage of invoices paid later than 60 days, which has ranged from 25% in the first half of 2020 to 39% in the second half of 2018.
Over the past three periods, AGGREKO UK LIMITED has shown an improvement in their payment time, with the average time decreasing from 57 days to 25 days. However, there was a slight increase in the average time in the second half of 2020. The percentage of invoices paid within 30 days has remained relatively stable, with a range of 26% to 32%, while the percentage of invoices paid between 31 and 60 days has fluctuated between 35% and 48%. The most volatile measure is the percentage of invoices paid later than 60 days, which has ranged from 25% to 39%.
| 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 Jan 2025 - 30 Jun 2025 | 01 Dec 2025 | 37 | 74% | 20% | 6% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 05 May 2022 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 05 May 2022 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 08 Jul 2020 | 25 | 27% | 35% | 38% | 31% |
| 01 Jan 2020 - 30 Jun 2020 | 14 Jul 2020 | 52 | 27% | 48% | 25% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 08 Jul 2020 | 51 | 26% | 39% | 35% | 37% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 50 | 27% | 38% | 35% | 49% |
| 01 Jul 2018 - 31 Dec 2018 | 18 Jul 2019 | 49 | 32% | 35% | 33% | 78% |
| 01 Jan 2018 - 30 Jun 2018 | 13 Aug 2018 | 57 | 15% | 46% | 39% | 87% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard Terms are between 30-90 Days depending on Supplier Size and nature of good and services supplied
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
Full dispute management via our Invoice matching software, basware, disputes are logged and reported weekly in order for the timely resolution.
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
AGGREKO UK LIMITED is a leading provider of mobile, modular power, temperature control and energy services. They have been in operation for over 50 years and have a strong commitment to sustainability and social responsibility.
Their sustainability program focuses on reducing their environmental impact through efficient energy usage, waste reduction, and responsible sourcing. They also prioritize employee safety and well-being, as well as supporting local communities through various initiatives.
The company offers a wide range of products and services, including temporary power generators, chillers, heaters, and load banks. These are used in various industries such as events, construction, oil and gas, and utilities.
AGGREKO UK LIMITED has a team of experienced and knowledgeable leaders, including Chris Weston as the CEO. They have a strong customer-centric approach and strive to provide high-quality, reliable solutions to their clients.
For more information, you can visit their website at www.aggreko.com/uk or contact them at their registered office address: 120 Bothwell Street, Glasgow, G2 7JS, United Kingdom. AGGREKO UK LIMITED is committed to providing sustainable and innovative solutions to meet the evolving needs of their customers.
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