Score of 87.25/100 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 |
|---|---|---|---|---|---|---|
| 01 Jul 2025 - 31 Dec 2025 | 21 Jan 2026 | 10 | 98% | 1% | 1% | 59% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 10 | 98% | 2% | 0% | 60% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 10 | 97% | 2% | 1% | 63% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 10 | 97% | 2% | 1% | 67% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 9 | 97% | 2% | 1% | 75% |
| 01 Jan 2023 - 30 Jun 2023 | 17 Jul 2023 | 10 | 97% | 2% | 1% | 67% |
| 01 Jul 2022 - 31 Dec 2022 | 11 Jan 2023 | 10 | 98% | 2% | 1% | 66% |
| 01 Jan 2022 - 30 Jun 2022 | 11 Jul 2022 | 13 | 95% | 4% | 1% | 63% |
| 01 Jul 2021 - 31 Dec 2021 | 17 Jan 2022 | 13 | 94% | 6% | 0% | 62% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 15 | 96% | 3% | 1% | 49% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 17 | 96% | 3% | 1% | 33% |
| 01 Jul 2019 - 31 Dec 2019 | 13 Jul 2020 | 15 | 95% | 4% | 1% | 34% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 14 | 98% | 2% | 0% | 35% |
| 01 Jan 2019 - 30 Jun 2019 | 10 Jul 2019 | 28 | 93% | 4% | 3% | 37% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Jul 2019 | 30 | 93% | 3% | 4% | 32% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 27 | 93% | 4% | 2% | 32% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
20 days following invoice date
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
If invoice received is inaccurate or incorrect, the purchaser will place on hold, held invoices will not be paid until issue is resolved with vendor by way of credit note and new invoice. Once the correct invoice is received it will be paid on next available payment date (daily payment runs).
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.
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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
VELUX COMPANY LTD. is a Scottish-registered company based in Glenrothes, Fife, incorporated in 1979. It was originally registered as VELUX COMPANY LIMITED (THE) before being renamed to its current form in 2002. Companies House records its nature of business under the SIC code for non-specialised wholesale trade, within the furniture, furnishings and fixtures industry classification. Several of its directors are based in Denmark and hold correspondence addresses linked to Velux A/S, indicating the company operates as part of the wider Velux corporate group, acting as its UK entity for wholesale trading activity rather than as an independent manufacturer.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk