Their own payment-practices filing · gov.uk

How long does Air Products (Br) Limited take to pay its suppliers?

CRN 02532156 · Manufacturing · 17 statutory reports on record · period to 31 Mar 2026

43days

their reported average time to pay suppliers, latest period

Slower than mostvs a 31-day median across 6,185 recent filers

Self-reported figure from their statutory filing. How this is compiled.

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 17 Aug 1990
Registered office: 1000 HILLSWOOD DRIVE, CHERTSEY, KT16 0PS

0 outstanding charges on the register Accounts due 30 Jun 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 43.

Stated terms30d

+13 days

Reported avg43d

At a glance

The key figures

30d

their stated terms

37%

invoices paid outside terms

-14d

faster over the window

±3d

steady pattern

Vs peers · latest reported averages

fasterslower

Faster than 56% of the 992 large companies reporting in manufacturing.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 30d

H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 42% 31–60 days 46% 61+ days 12%

The read · computed from their figures

Air Products (Br) Limited has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 43 days against stated terms of 30 days.

The direction is faster: from 57 to 43 days over the window — about 14 days faster.

In the latest period 37% of invoices were paid outside their agreed terms, and 12% landed 61+ days out.

What they tell their suppliers

Offers e-invoicing 30% of invoices in dispute

In their own words · from the filing

Standard payment terms

Air Products standard payment terms globally are Net 45 days date of invoice (d.o.i), unless this cannot be legally applied in the country. Air Products’ policy is to pay suppliers according to the terms on the Purchase Order (PO) provided the invoice is error free and goods receipt is verified. The Air Products recommended Payment Terms for business conducted in Europe are: Standard - Net 45 days – where permissible by law or suppliers Non-standard – determined on a supplier by supplier basis depending on business/supplier requirement

Dispute resolution

All invoices are reviewed by accounts payable specialist. In cases where it is clear that invoices are erroneous, they will be returned externally to the vendor/supplier for immediate correction and re-issue. For discrepancies, invoices are held by an accounts payable specialist and referred for further investigation with the relevant procurement/business department . In both instances, the accounts payable specialist/manager will follow up with regular communications internally and externally to investigate the progress in resolving the discrepancies with a view to having the invoice recorded and paid in the shortest time possible.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2026	43	37%	12%	27 Apr 2026
H2 2025	47	82%	15%	21 Oct 2025
H1 2025	47	62%	12%	2 May 2025
H2 2024	42	36%	10%	21 Oct 2024
H1 2024	47	41%	15%	17 Apr 2024
H2 2023	57	29%	14%	11 Oct 2023
H1 2023	41	29%	12%	21 Apr 2023
H2 2022	34	19%	7%	19 Oct 2022
H1 2022	37	22%	8%	26 Apr 2022
H2 2021	36	19%	10%	19 Oct 2021
H1 2021	37	24%	9%	23 Apr 2021
H2 2020	36	25%	1%	21 Oct 2020
H1 2020	45	31%	11%	27 Apr 2020
H2 2019	42	26%	12%	28 Oct 2019
H1 2019	45	27%	14%	29 Apr 2019
H2 2018	68	31%	11%	31 Oct 2018
H1 2018	47	33%	13%	27 Apr 2018

Working-capital effect

What a 43-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 43-day vs a 30-day payment cycle.

≈ £17,000

of invoicing outstanding at any one time on a 43-day cycle — about £5,100 more than the same account would carry at 30-day terms.

Late Payment Act. The Late Payment of Commercial Debts Act lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers

Are they getting slower or faster?

Their reported average has moved about 14 days faster over the window (57 → 43 days).

What's their typical pay point?

Their latest reports average around day 43, moving within about ±3 days. Treat that as a historical reference point, not a promise for a new invoice.

Can I see what this means for my invoices?

Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch Air Products (Br) Limited (free)

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How UK payment reporting works

What is a Payment Practices Report?

UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.

What does "paid outside agreed terms" mean?

The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.

How often is this data updated?

Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.

Is this official government data?

The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-02532156 · latest period to 31 Mar 2026

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