EVONIK CHEMICALS LIMITED

Company Information

Company Number
00092092
Registered Address
- Clayton Lane, Clayton, Manchester, United Kingdom, M11 4SR
Status
Active
Employee Count
51
Turnover
£72,140,000
EBITDA
£5,039,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 February 1907
Nature of Business
20140 - Manufacture of other organic basic chemicals
Industries
Raw Materials And Intermediate Goods
Region
North West

Time to Pay

Average Time to Pay
42 days
Shortest Period:3 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
34%
31-60 Days
47%
After 60 Days
19%
Not Paid Within Terms10%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-01-09
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201909 Jan 20204234%47%19%10%
01 Jan 2019 - 30 Jun 201929 Jul 20194423%57%20%25%
01 Jul 2018 - 31 Dec 201808 Feb 20194420%54%26%18%
01 Jan 2018 - 30 Jun 201820 Jul 20184548%38%14%19%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 days from invoice date

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

90

Dispute Resolution Process

Disputes are handled by the Legal Department

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

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.

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.

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?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

EVONIK CHEMICALS LIMITED is a leading global specialty chemicals company that offers a wide range of products and services in various industries such as nutrition, care, and resource efficiency. They are committed to promoting sustainability through their operations and products.

The company's sustainability program focuses on reducing their environmental impact, promoting social responsibility, and ensuring economic success. They have set ambitious targets to reduce their carbon footprint, increase energy efficiency, and minimize waste generation. They also prioritize responsible sourcing of raw materials and promote diversity and inclusion in their workforce.

EVONIK CHEMICALS LIMITED provides a diverse range of products and services, including high-performance materials, additives for food and animal feed, and specialty chemicals for various applications such as coatings, adhesives, and pharmaceuticals. They also offer technical support and customized solutions to meet their customers' specific requirements.

The key people at EVONIK CHEMICALS LIMITED include the Chairman of the Management Board, Christian Kullmann, and the Chief Financial Officer, Ute Wolf. They are supported by a team of experienced professionals and experts in their respective fields.

The company's contact information can be found on their website, which is www.evonik.com. Their registered office address is located at Rellinghauser Straße 1-11, 45128 Essen, Germany.

In conclusion, EVONIK CHEMICALS LIMITED is a global leader in specialty chemicals with a strong commitment to sustainability. They offer a wide range of products and services and are led by a team of experienced professionals. Their contact information and registered office address can be found on their website.

Financial Metrics

Cash
£0
Net Worth
£69,481,000
Total Current Assets
£75,351,000
Total Current Liabilities
£9,851,000

Company Location