SIKA LIMITED

PaymentCheck Score 2025
79Good
3.6vs last year
#1823 in UK
#108 in East of England

Company Information

Company Number
00226822
Registered Address
Watchmead, Welwyn Garden City, Herts, AL7 1BQ
Status
Active
Employee Count
567
Turnover
£175,629,000
EBITDA
£1,370,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 December 1927
Nature of Business
20130 - Manufacture of other inorganic basic chemicals
Industries
Coming Soon
Region
East of England

Time to Pay

Average Time to Pay
33 days
Shortest Period:7 days
Longest Period:75 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
93%
31-60 Days
4%
After 60 Days
3%
Not Paid Within Terms31%

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: 2025-01-29
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 202516 Jul 20253693%5%2%49%
01 Jul 2024 - 31 Dec 202429 Jan 20253393%4%3%31%
01 Jan 2024 - 30 Jun 202418 Jul 20243392%4%4%45%
01 Jul 2023 - 31 Dec 202330 Jan 20243391%5%4%52%
01 Jan 2023 - 30 Jun 202326 Jul 20233491%5%4%57%
01 Jul 2022 - 31 Dec 202225 Jan 20233289%6%5%53%
01 Jan 2022 - 30 Jun 202204 Aug 20223188%5%7%44%
01 Jul 2021 - 31 Dec 202131 Jan 20223091%6%3%33%
01 Jan 2021 - 30 Jun 202128 Jul 20212795%3%2%29%
01 Jan 2019 - 30 Jun 201924 Jul 20193092%5%3%84%
01 Jan 2018 - 30 Jun 201827 Jul 20182593%5%2%64%

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

The company does not have a predetermined strategy for standard payment terms. Payment terms range from 7 days following invoice date to 60 days following invoice period end.

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

75

Dispute Resolution Process

The Account Payable team contact suppliers in order to resolve any issues as soon as possible and ensure prompt payment.

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

SIKA LIMITED is a multinational company that specializes in providing innovative and sustainable solutions for the construction, manufacturing, and automotive industries. They have a strong focus on sustainability and aim to reduce their environmental impact through their products and operations.

The company offers a wide range of products and services, including sealants, adhesives, waterproofing systems, concrete repair and protection, flooring systems, and roofing solutions. These products are designed to meet the highest quality standards and provide long-lasting and durable solutions for their customers.

SIKA LIMITED has a comprehensive sustainability program in place, which focuses on reducing their carbon footprint, promoting energy efficiency, and recycling and reusing materials. They also prioritize the health and safety of their employees and strive to create a positive impact on the communities where they operate.

The company has a strong leadership team, with Paul Schuler as the Chief Executive Officer and Jan Jenisch as the Chairman of the Board of Directors. Their registered office address is located in Welwyn Garden City, Hertfordshire, and their website is www.sika.com.

In conclusion, SIKA LIMITED is a leading provider of sustainable solutions in the construction, manufacturing, and automotive industries. With a wide range of high-quality products and a strong commitment to sustainability, they continue to be a trusted and reliable partner for their customers.

Financial Metrics

Cash
£0
Net Worth
-£64,064,734
Total Current Assets
£57,735,245
Total Current Liabilities
£46,922,144

Company Location