SWARCO UK & IRELAND LTD
Company number: 01490333
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
30 January 2026
Approved by:
John James Pickworth
Payment statistics
Average time taken to pay invoices: 36 days
Total value paid:
- within 30 days: £15,721,411 (48%)
- in 31 to 60 days: £16,089,953 (49%)
- in 61 days or more: £1,141,000 (3%)
Invoices paid:
- within 30 days: 48%
- in 31 to 60 days: 49%
- in 61 days or more: 3%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £937,892
- payments due in the reporting period which have not been paid within the agreed period: 2%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
60 days
Standard payment terms
SWARCO endeavours to cascade our clients values, policies, standards and terms throughout our supply chain. On this basis standard payment terms are 30 calendar days from the date of the invoice. However, the company, also promotes fair and transparent apportionment of risk with a diverse supplier base and are open to discussing more longer payment periods on a case-by-case basis. where appropriate, commensurate to the scope of supply.
Suppliers are provided with guidance to ensure that invoices are accurate, clearly reference the purchase order number and are submitted promptly to avoid delays in processing.
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
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Suppliers who have concerns or disputes related to payments, purchase orders or other procurement matters are encouraged to contact Swarco’s dedicated Accounts Payable or Procurement teams as early as possible.
Our objective is to address and resolve any disputes promptly, fairly and in accordance with the agreed terms and conditions of the contract.
Swarco is committed to transparent, fair and timely resolution of supplier disputes, in line with best practices.
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.
Yes
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