RENOLIT UK LIMITED

PaymentCheck Score 2025
54Fair
0.2vs last year
#3375 in UK
#131 in Supply Chain
#65 in North East

Company Information

Company Number
00207104
Registered Address
Station Road, Cramlington, Northumberland, NE23 8AQ
Status
Active
Employee Count
334
Turnover
£82,735,000
EBITDA
£12,030,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 July 1925
Nature of Business
22290 - Manufacture of other plastic products
Industries
Supply Chain,Manufacturing And Commerce Models
Region
North East

Time to Pay

Average Time to Pay
44 days
Shortest Period:14 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
20%
31-60 Days
60%
After 60 Days
20%
Not Paid Within Terms12%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202514 Jul 20254322%60%18%8%
01 Jul 2024 - 31 Dec 202423 Jan 20254420%60%20%12%
01 Jan 2024 - 30 Jun 202410 Jul 20244228%54%18%9%
01 Jul 2023 - 31 Dec 202310 Jan 20244524%58%18%7%
01 Jan 2023 - 30 Jun 202310 Jul 20234424%56%20%15%
01 Jul 2022 - 31 Dec 202212 Jan 20234423%57%18%12%
01 Jul 2020 - 31 Dec 202020 Jan 20214324%55%21%10%
01 Jan 2019 - 30 Jun 201904 Jul 20194425%53%22%11%
01 Jul 2018 - 31 Dec 201823 Jan 20194326%53%21%11%
01 Jan 2018 - 30 Jun 201824 Jul 20184126%56%18%15%

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

45 days from date of invoice

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

60

Dispute Resolution Process

Contact with suppliers

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

RENOLIT CRAMLINGTON LIMITED is a leading manufacturer of high-quality plastic films, sheets, and other related products. The company was established in 1930 and is based in Cramlington, Northumberland, United Kingdom.

The company's main focus is on providing innovative and sustainable solutions to its customers. It has a strong sustainability program in place, with a commitment to reduce its carbon footprint and promote environmental responsibility. The company has also implemented various initiatives to reduce waste, conserve resources, and promote recycling.

RENOLIT CRAMLINGTON LIMITED offers a wide range of products and services, including plastic films for packaging and industrial applications, sheets for roofing and cladding, and functional films for various industries. The company has a strong research and development team that constantly works to improve its products and processes, ensuring high quality and sustainability.

The key people at RENOLIT CRAMLINGTON LIMITED include the managing director, Mr. Mark Fletcher, and the finance director, Mr. Trevor Warner. They lead a team of highly skilled and dedicated professionals who are committed to delivering excellent products and services to their customers.

For any inquiries or assistance, the company can be contacted through their website, www.renolit.com, or via their registered office address at Renolit Cramlington Limited, Dudley Lane, Cramlington, Northumberland NE23 7QG, United Kingdom.

In conclusion, RENOLIT CRAMLINGTON LIMITED is a leading manufacturer in the plastic industry, with a strong focus on sustainability and providing innovative solutions to its customers. With a dedicated team and a commitment to environmental responsibility, the company continues to grow and make a positive impact in the industry.

Financial Metrics

Cash
£6,685,000
Net Worth
£30,731,000
Total Current Assets
£31,719,000
Total Current Liabilities
£8,748,000

Company Location