W.L. GORE AND ASSOCIATES (U.K.) LIMITED
Company number: 00856254
Reporting period:
1 April 2025 to 30 September 2025
Report filed on:
15 October 2025
Approved by:
Sheona Barlow
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 43 days
Total value paid:
- within 30 days: £6,349,802 (59%)
- in 31 to 60 days: £3,110,358 (29%)
- in 61 days or more: £1,318,223 (12%)
Invoices paid:
- within 30 days: 55%
- in 31 to 60 days: 35%
- in 61 days or more: 10%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £2,006,338
- payments due in the reporting period which have not been paid within the agreed period: 18%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
1 days
Longest standard payment period
60 days
Standard payment terms
W. L. Gore & Associates (UK) Limited standard terms of third party invoices forgoods and services are 30 days from the invoice date on a correctly presentedinvoice, unless in accordance with the supplier terms. A correctly presentedinvoice is defined as the receipt of a complete, undisputed and properly due VATinvoice that is addressed correctly as specified in the contract. The invoice will bepaid in the subsequent payment run after the due date. Payment runs arescheduled once per week. In line with our corporate values, where the supplier isdeemed to be a Small or Medium sized Entity (SME) the Standard payment termsare reduced to under 30 days in accordance with the supplier terms.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
W. L. Gore & Associates (UK) Limited is committed to our communities and actingwith integrity. We therefore seek to advise suppliers promptly of any disputes.Invoices that are subject to dispute will not be paid until resolution of the dispute.Depending upon the issue, disputes are resolved by discussion and agreementwith the supplier and are typically managed by purchasing teams / business. Onceresolved, payment will be made in accordance with the terms of the contract.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No