TRONOX PIGMENT UK LIMITED
Company Information
- Company Number
- 00162303
- Registered Address
- Laporte Road, Stallingborough, Grimsby, North East Lincolnshire, England, DN40 2PR
- Status
- Active
- Employee Count
- 356.0
- Turnover
- 234492000.0
- EBITDA
- -1488000.0
Additional Details
- Website
- https://cristal.com
- Company Type
- Private limited Company
- Incorporated On
- 1 January 1920
- Nature of Business
- 20130 - Manufacture of other inorganic basic chemicals
- Industries
- 0
- Region
- Yorkshire and The Humber
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 68 | 15% | 16% | 69% | 41% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 70 | 13% | 18% | 69% | 44% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 75 | 7% | 22% | 71% | 47% |
| 01 Jan 2022 - 30 Jun 2022 | 31 Jul 2022 | 67 | 18% | 20% | 62% | 36% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 67 | 13% | 23% | 64% | 35% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 66 | 10% | 29% | 61% | 41% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 70 | 15% | 26% | 59% | 41% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 71 | 9% | 31% | 60% | 37% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 66 | 9% | 32% | 59% | 24% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 67 | 9% | 27% | 64% | 14% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 74 | 9% | 23% | 68% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 73 | 8% | 24% | 68% | 23% |
Company Summary
TRONOX PIGMENT UK LIMITED is a leading manufacturer and supplier of titanium dioxide pigments in the United Kingdom
They are committed to operating sustainably and have a strong focus on environmental responsibility
The company's main activities include the production and distribution of high-quality titanium dioxide pigments, which are used in a wide range of applications such as paints, coatings, plastics, and paper
They also offer technical support and customized solutions to their customers
TRONOX PIGMENT UK LIMITED has a strong sustainability program in place, which includes reducing their carbon footprint, minimizing waste and emissions, and promoting efficient use of resources
They have also implemented various initiatives to improve the sustainability of their supply chain
The key people at TRONOX PIGMENT UK LIMITED include the Managing Director, who oversees the overall operations of the company, and the Sales Director, who is responsible for managing customer relationships and driving sales
For any inquiries or information about their products and services, customers can contact the company through their website www.tronox.com/uk or visit their registered office at 6th Floor, 10 Finsbury Square, London EC2A 1AF
TRONOX PIGMENT UK LIMITED is committed to providing high-quality products and services while prioritizing sustainability and environmental responsibility
Company Review
Trend Analysis
The data shows that there is a trend of decreasing average time to pay invoices for TRONOX PIGMENT UK LIMITED. From 2018 to 2023, the average time to pay has decreased from 73 days to 68 days. This could indicate an improvement in the company's payment processes and efficiency.
Volatility Analysis
The data also shows some volatility in the percentage of invoices paid within 30 days and between 31 and 60 days. However, there is a steady increase in the percentage of invoices paid later than 60 days and not paid within agreed terms. This could indicate potential issues with cash flow or financial management within the company.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our standard payment terms of the business are 60 days from the end of the month in which the invoice is dated. This accounts for 64 (65)% of all vendors. 4 (3)% of vendors are 60 days from date of invoice, 7 (8)% are 30 days from date of invoice, 7 (7)% are 30 days from the end of the month in which the invoice is dated and 5 (4)% are 45 days from date of invoice. The remaining 13 (13)% of terms range from immediate to 90 days from the end of the month in which the invoice is dated.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
We operate a system known as Vendor Invoice Management, whereby invoices are emailed to a designated inbox for processing – invoices-uk.pigment@tronox.com. This inbox should only be used for emailing invoices where there is one invoice per PDF attached document. It is not managed, so invoice queries and statements should not use this address. Vendors who cannot separate their invoices to one invoice per PDF document should use the ‘SBO’ email address below, and Accounts Payable will manually manage invoices sent to the ‘SBO’ email address. For invoicing and statement queries, vendors should use SBO.acctspayable@tronox.com (‘SBO’ email address). Vendors can also contact us directly by email and telephone for which contact details are available on request. We will respond by email or telephone. Accounts Payable will: • check systems to see if the invoice has already been received and/or is in query • liaise with vendors to confirm payment details (past and upcoming) • speak with relevant approvers on site to resolve invoice issues • liaise with vendor to obtain and process missing invoices
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.
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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.
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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.
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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
