WALKER FILTRATION LIMITED
Company number: 01726079
Reporting period:
1 January 2025 to 30 June 2025
Report filed on:
23 July 2025
Approved by:
Stephen Bittle
Payment statistics
Average time taken to pay invoices: 41 days
Total value paid:
- within 30 days: £3,583,632 (24%)
- in 31 to 60 days: £7,467,755 (50%)
- in 61 days or more: £3,983,776 (26%)
Invoices paid:
- within 30 days: 32%
- in 31 to 60 days: 50%
- in 61 days or more: 18%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £1,496,439
- payments due in the reporting period which have not been paid within the agreed period: 7%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Standard payment terms are 30 days end of month. Two payment runs per month typically 1st and 3rd week of the 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
90 days
No further comment provided
Any other information about payment terms
The Company uses its reasonable endeavours to pay invoices promptly in accordance with its contractual payment terms unless an invoice is disputed.
Dispute resolution process
Company has designated contact e-mail address and/or phone number for the accounts payables teams, who should be contacted in case of any query related to a supplier’s invoice.
Simple queries/complaints are handled directly through e-mail or phone. More complex disputes are logged separately and followed up with the supplier through the sourcing team. If the disputes are not resolved within a reasonable amount of time, the supplier should contact their purchasing contact at Walker Filtration Ltd and the parties will use their reasonable endeavours to resolve the matter promptly.
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