UK Payment Practices Report

Basell UK Holdings Limited payment practices report

PennyFetch rating based on government data:

Mostly outside terms

Companies House no. 03053549

This rating is PennyFetch’s own assessment derived from data self-reported by Basell UK Holdings Limited to the UK government.

This company’s most recent filing is from Jan 2024. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.

This company has short standard payment terms and pays invoices in 15 days on average. The “outside terms” percentage reflects how often invoices exceed those short terms, not slow payment in absolute terms.

Avg. days to pay

15

UK median: 32

Outside agreed terms

80%

UK average: 24%

Trend

Getting faster

12 reports filed

Payment terms

30 days

Standard terms

Invoice payment breakdown

80%
20%
Within 30 days: 80%31 to 60 days: 20%Over 60 days: 0%

How Basell UK Holdings Limited compares

Basell UK Holdings Limited takes an average of 15 days to pay its suppliers, which is 17 days faster than the UK median of 32 days across 9,336 reporting companies. 80% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been improving over time based on historical filings.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (30 days), not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.

Payment history

PeriodAvg. days% outside terms% in 30d% over 60d
Jul 2023 to Dec 20231580%80%0%
Jan 2023 to Jun 202350%100%0%
Jul 2022 to Dec 202213100%86%0%
Jan 2022 to Jun 20222380%80%20%
Jul 2021 to Dec 202126100%80%7%
Jan 2021 to Jun 20212575%100%0%
Jul 2020 to Dec 202027100%63%0%
Jan 2020 to Jun 20206240%60%10%
Jul 2019 to Dec 20193144%56%0%
Jan 2019 to Jun 20193290%90%0%
Jul 2018 to Dec 20183229%71%0%
Jan 2018 to Jun 20183555%45%0%
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Frequently asked questions

According to their most recent self-reported government filing, BASELL UK HOLDINGS LIMITED pays invoices in 15 days on average. 80% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Mostly outside terms" based on that data.

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All payment statistics on this page are self-reported by Basell UK Holdings Limited to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.

Most recent report filed: Jan 2024. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.

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