PANDROL LIMITED
Company number: 00521438
Reporting period:
1 January 2024 to 30 June 2024
Report filed on:
20 October 2026
Approved by:
Steve Forrest
Payment statistics
Average time taken to pay invoices: 54 days
Invoices paid:
- within 30 days: 16%
- in 31 to 60 days: 58%
- in 61 days or more: 26%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 100%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
90 days
Standard payment terms
For UK suppliers the standard payment terms are the first working day of the second month following the invoice date (for example, invoices dated between 1st-31st January would be payable on the 1st March)
For overseas suppliers the standard terms are within the first 5 working days of the second month following the invoice date.
Exceptions to these are utilities, local authority and small professional suppliers that may be paid within 30 days of invoice date
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
100 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
we have a dedicated accounts payable team, contactable by phone (01909 476101 option 4) or email (accounts.payable@pandrol.com)
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