PORVAIR FILTRATION GROUP LIMITED
Company number: 00888596
Reporting period:
1 December 2025 to 31 May 2026
Report filed on:
18 June 2026
Approved by:
David Mellor
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: 49 days
Total value paid:
- within 30 days: £3,844,311 (30%)
- in 31 to 60 days: £5,278,246 (41%)
- in 61 days or more: £3,613,944 (28%)
Invoices paid:
- within 30 days: 25%
- in 31 to 60 days: 45%
- in 61 days or more: 30%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £2,976,336
- payments due in the reporting period which have not been paid within the agreed period: 22%
- 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
The Company negotiates and agrees payment terms with its suppliers as part of its procurement process. As a result payment terms vary by supplier. The most common payment terms in place is 60 days end of month, although payment terms range from payment on receipt to 60 days end of month
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
Maximum contractual payment period is 60 days end of month
Any other information about payment terms
41% of late payments are currently paid within 7 days of due date.
£964,817 of late payments are currently paid with 7 days of due date, equating to 32% by value of those paid late
Dispute resolution process
Supplier invoices and payments are managed by the Accounts Payable teams at our UK Plants.
Disputed invoices will be notified to the supplier by the buyer who initiated the purchase transaction to ensure they are investigated in a timely manner and resolved. Invoiced items that are subject to dispute will not be paid until resolution of the dispute, whereupon payment shall be made in accordance with the policy.
We were advised by Payment Practices Reporting dispute tracking as distinct to late payments would not be required, so have input 0% for this reporting period in the prior question for this return
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