30 Fair PaymentHow fast UK companies pay their suppliers
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Philips Electronics UK Limited

Registered as PHILIPS ELECTRONICS UK LIMITED. Company number 00446897. 17 payment practices reports on file, the latest for the period ending 30 June 2026, filed 30 July 2026.

19days on average to pay

  • Within 30 days
  • 31 to 60 days
  • Over 60 days

In the reporting period from 1 January 2026 to 30 June 2026, Philips Electronics UK Limited reported that it took an average of 19 days to pay its suppliers' invoices. It paid 89% of invoices within 30 days, 4% in 31 to 60 days and 7% after more than 60 days. It said 1% of invoices were not paid within the agreed terms.

That average is faster than 82% of the 6,220 companies whose latest report covers a period ending since May 2025. A year earlier, in the period to 30 June 2025, the average was 27 days, so it is 8 days faster now. It reported construction contracts in this period, and said they include retention clauses at a standard rate of 3%.

Average days to pay, report by report

30 25 Dec 2020 26 Jun 2021 24 Dec 2021 24 Jun 2022 26 Dec 2022 28 Jun 2023 23 Dec 2023 25 Jun 2024 25 Dec 2024 27 Jun 2025 20 Dec 2025 19 Jun 2026

Bars are labelled with the month the period ended. The dashed line marks 30 days.

Every report filed

PeriodFiledAverage daysWithin 30 days31 to 60Over 60Not within termsSource
Jan to Jun 2026 30 Jul 2026 19 89%4%7%1% Report
Jul to Dec 2025 28 Jan 2026 20 85%5%10%1% Report
Jan to Jun 2025 31 Jul 2025 27 82%5%13%2% Report
Jul to Dec 2024 29 Jan 2025 25 81%5%14%3% Report
Jan to Jun 2024 30 Jul 2024 25 82%6%12%5% Report
Jul to Dec 2023 30 Jan 2024 23 85%4%11%5% Report
Jan to Jun 2023 26 Jul 2023 28 76%9%15%9% Report
Jul to Dec 2022 30 Jan 2023 26 83%3%14%6% Report
Jan to Jun 2022 28 Jul 2022 24 83%5%12%5% Report
Jul to Dec 2021 27 Jan 2022 24 83%6%11%7% Report
Jan to Jun 2021 28 Jul 2021 26 81%7%12%5% Report
Jul to Dec 2020 28 Jan 2021 25 84%5%11%5% Report
Jan to Jun 2020 27 Jul 2020 21 86%4%10%5% Report
Jul to Dec 2019 29 Jan 2020 29 75%10%15%14% Report
Jan to Jun 2019 22 Jul 2019 24 87%4%9%5% Report
Jul to Dec 2018 28 Jan 2019 24 85%6%9%5% Report
Jan to Jun 2018 25 Jul 2018 26 80%10%10%9% Report

Source: the company's filings on Check payment practices. Contains public sector information licensed under the Open Government Licence v3.0. Figures are as filed. We do not change them.