OMYA UK LIMITED
Company Information
- Company Number
- 00436591
- Registered Address
- Melton Office Melton Bottom, Melton, North Ferriby, East Riding Of Yorkshire, HU14 3HU
- Status
- Active
- Employee Count
- 176.0
- Turnover
- 112547000.0
- EBITDA
- 12778000.0
Additional Details
- Website
- https://omya.com
- Company Type
- Private limited Company
- Incorporated On
- 7 June 1947
- Nature of Business
- 20590 - Manufacture of other chemical products not elsewhere classified
- Industries
- Supply Chain,Manufacturing And Commerce Models
- 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 | 06 Feb 2024 | 49 | 41% | 42% | 17% | 43% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Jul 2023 | 48 | 42% | 43% | 15% | 32% |
| 01 Jul 2022 - 31 Dec 2022 | 06 Feb 2023 | 51 | 32% | 50% | 18% | 45% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 58 | 34% | 46% | 20% | 31% |
| 01 Jul 2021 - 31 Dec 2021 | 29 Jun 2022 | 55 | 31% | 49% | 20% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 57 | 39% | 46% | 16% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 58 | 33% | 45% | 22% | 36% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 49 | 43% | 38% | 19% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Feb 2020 | 51 | 34% | 43% | 23% | 44% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 44 | 48% | 35% | 17% | 27% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 42 | 44% | 38% | 18% | 40% |
| 01 Jan 2018 - 30 Jun 2018 | 13 Jul 2018 | 36 | 57% | 31% | 12% | 29% |
Company Summary
OMYA UK LIMITED is a leading producer of industrial minerals and a global supplier of specialty mineral products
Their main focus is on calcium carbonate, a versatile and essential raw material used in a wide range of industries including paper, plastics, paint, and construction
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact
These include reducing emissions, optimizing energy efficiency, and promoting sustainable sourcing and production practices
OMYA UK LIMITED also actively promotes recycling and supports circular economy principles
Their products and services are used in a diverse range of applications, such as enhancing paper properties, improving the durability of paints and coatings, and providing strength and stability to plastics
OMYA UK LIMITED's specialty products are tailored to meet the specific needs of their customers, and they continuously invest in research and development to create innovative solutions
The key people at OMYA UK LIMITED include the Managing Director, Martin Collingwood, and the Sales Director, Ben Harmsworth
Their team of experienced professionals is dedicated to providing high-quality products and services to their customers
OMYA UK LIMITED's website is www.omya.co.uk, where customers can find more information about their products and services, as well as their sustainability efforts
The company's registered office address is Omya UK Limited, Melton Bottom, Melton, East Riding of Yorkshire, HU14 3HU, United Kingdom
In conclusion, OMYA UK LIMITED is a leading producer of industrial minerals, committed to sustainability, and providing high-quality products and services to various industries
With their experienced team and innovative solutions, they continue to be a trusted supplier in the global market
Company Review
Trend Analysis
Over the past three periods (2018-2023), OMYA UK LIMITED has shown a steady increase in the average time taken to pay invoices. This is reflected in the data, with the average time to pay increasing from 36 days in 2018-2019 to 49 days in 2020-2023. Additionally, there has been a slight decrease in the percentage of invoices paid within 30 days, from 57% in 2018-2019 to 41% in 2023. However, there has been an increase in the percentage of invoices paid between 31 and 60 days, from 31% in 2018-2019 to 43% in 2023. The percentage of invoices paid later than 60 days has also increased, from 12% in 2018-2019 to 17% in 2023.
Volatility Analysis
The data for OMYA UK LIMITED shows a relatively stable pattern over the past three periods. While there have been some minor fluctuations in the percentages of invoices paid within different time frames, overall there has not been a significant amount of volatility in the company's payment practices.
Summary Analysis
OMYA UK LIMITED has shown a consistent increase in the average time taken to pay invoices over the past three periods. This is reflected in the data, with a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid between 31 and 60 days and later than 60 days. The company's payment practices have also become slightly less consistent, with a decrease in the percentage of invoices paid within agreed terms. The shortest (or only) standard payment period has remained consistent at 30 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The majority of our contracts are negotiated using "30 days end of month of invoice date". The shortest payment period is therefore entered as 30 days and the longest as 60 days
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
60
Dispute Resolution Process
The attached terms and conditions apply to all purchases. The parties to the contract shall use reasonable commercial effort to settle any disputes arising out of or in connection with any purchase. https://www.omya.com/Documents/ENGLISH_GROUP_Terms_and_conditions.pdf
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
