U-POL LIMITED
Company Information
- Company Number
- 00464919
- Registered Address
- U-Pol Tech Centre Denington Road, Denington Industrial Estate, Wellingborough, Northamptonshire, NN8 2QH
- Status
- Active
- Employee Count
- 313
- Turnover
- £100,624,000
- EBITDA
- £14,719,000
Additional Details
- Website
- https://www.u-pol.com/
- Company Type
- Private limited Company
- Incorporated On
- 23 February 1949
- Nature of Business
- 20301 - Manufacture of paints, varnishes and similar coatings, mastics and sealants20590 - Manufacture of other chemical products not elsewhere classified
- Industries
- Raw Materials And Intermediate Goods, Road Travel
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2024 - 31 Dec 2024 | 31 Jan 2025 | 56 | 8% | 49% | 43% | 83% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 55 | 11% | 49% | 40% | 80% |
| 01 Jul 2023 - 31 Dec 2023 | 08 Feb 2024 | 55 | 10% | 48% | 42% | 80% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 56 | 9% | 47% | 44% | 86% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 59 | 9% | 44% | 47% | 88% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 53 | 9% | 59% | 32% | 93% |
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
U-POL LTD STANDARD PAYMENT TERMS STATE:- Payment shall be made by the Buyer within 60 days from the end of the term within which the relevant Supplier's invoice was received Terms may however may be concluded by the supplier and these terms are generally from 30 to 90 days Payments are made electronically
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 resolved by discussion and agreement with the supplier and are typically managed by the Finance team and Procurement team
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
U-POL LIMITED is a leading manufacturer and supplier of automotive refinishing products, industrial coatings, and adhesives. The company was founded in 1948 and is headquartered in Wellingborough, England.
Sustainability is a key focus for U-POL LIMITED, and they have implemented a comprehensive sustainability program to reduce their environmental impact. This includes using sustainable raw materials, reducing waste and emissions, and promoting energy-efficient practices. They are also committed to ethical and responsible business practices, ensuring the health and safety of their employees, and supporting local communities.
U-POL LIMITED offers a wide range of products and services to the automotive and industrial sectors. Their automotive refinishing products include primers, fillers, clearcoats, and other coatings for body repair and maintenance. Industrial coatings include protective coatings for metal, wood, and concrete surfaces. Their adhesives are used in various industries, including automotive, construction, and marine.
The key people at U-POL LIMITED include their Managing Director, David Woolley, who has been with the company for over 30 years, and their Technical Director, Craig Callender, who has extensive experience in the automotive coatings industry.
U-POL LIMITED can be contacted through their website, www.u-pol.com, where customers can find product information, technical support, and contact details for their offices and distributors worldwide. The company's registered office address is U-POL LIMITED, UNIT 1, HOLMES COURT, LONDON ROAD, WELLINGBOROUGH, NORTHAMPTONSHIRE, NN8 2QY, UNITED KINGDOM.
In conclusion, U-POL LIMITED is a leading manufacturer and supplier of automotive refinishing products, industrial coatings, and adhesives with a strong commitment to sustainability. With a wide range of products and a dedicated team, they continue to provide high-quality solutions to their customers while promoting responsible and ethical practices.