Their own payment-practices filing · gov.uk
Basell UK Holdings Limited paid suppliers in 15 days on average — inside its 30-day stated terms
Their H2 2023 filing put the average 15 days inside their stated 30-day term.
- Their stated terms
- 30 days
- Paid outside agreed terms
- 80% of invoices
- Paid after 61+ days
- 0%
- Reporting period
- 1 Jul 2023 – 31 Dec 2023
- Source
- their gov.uk filing, filed 30 Jan 2024
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H2 2023 filing
Paid 15 days inside the 30-day term they state
Where their invoices landed · share of all invoices
The pattern · last 6 of 12 reports
25 → 15 days — faster across the window
The read · computed from their figures
Basell UK Holdings Limited's H2 2023 filing put their average at 15 days against stated terms of 30 days; 80% of invoices were paid outside agreed terms and 0% took 61 days or longer. Filed 30 Jan 2024.
The direction is faster: from 25 days in H1 2021 to 15 now — 10 days faster across their last 6 reports.
That is 12 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
Standard payment terms that the business offers is 60 days in line with fellow group companies. Payments for this company are made by a fellow group company and then recharged back
Dispute resolution
LYB’s central Accounts Payable function is responsible for payment of invoices. All invoices are only processed for payment once there is clearance/approval in our internal systems based on delegation of authority. Common dispute items such as incorrect company name, error in amounts etc can be directly resolved by the Accounts Payable function. For others, the relevant department is involved to address the issues directly with the vendor. The latter are handled on case by case basis. The Purchase Orders are governed by English Law and the parties involved agree to submit to the jurisdiction of the English Courts.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H2 2023 | 15 | 80% | 0% | 30 Jan 2024 |
| H1 2023 | 5 | 0% | 0% | 27 Jul 2023 |
| H2 2022 | 13 | 100% | 0% | 26 Jan 2023 |
| H1 2022 | 23 | 80% | 20% | 29 Jul 2022 |
| H2 2021 | 26 | 100% | 7% | 31 Jan 2022 |
| H1 2021 | 25 | 75% | 0% | 30 Jul 2021 |
| H2 2020 | 27 | 100% | 0% | 28 Jan 2021 |
| H1 2020 | 62 | 40% | 10% | 29 Jul 2020 |
| H2 2019 | 31 | 44% | 0% | 28 Jan 2020 |
| H1 2019 | 32 | 90% | 0% | 24 Jul 2019 |
| H2 2018 | 32 | 29% | 0% | 23 Jan 2019 |
| H1 2018 | 35 | 55% | 0% | 30 Jul 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 5 May 1995
- Registered office
- 4TH FLOOR,, LONDON, W1J 0AH
Quick answers · Basell UK Holdings Limited
Are they getting slower or faster?
What's their typical pay point?
Can I see what this means for my invoices?
Stay ahead
Watch Basell UK Holdings Limited (free)
They haven’t filed a payment report since 30 Jan 2024. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.
You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.
More large companies in professional & technical services
Barchester Healthcare Limited · Batlaw Limited · Banhams Patent Locks Holdings Limited · Battersea Dogs' and Cats' Home · Banham Patent Locks Limited · Bauer Consumer Media Limited
How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-03053549 · latest period to 31 Dec 2023
Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.