VENATOR MATERIALS UK LIMITED

PaymentCheck Score 2025
58Fair
0.6vs last year
#3165 in UK
#55 in North East

Company Information

Company Number
00832447
Registered Address
Titanium House, Hanzard Drive, Wynyard Park, Stockton On Tees, TS22 5FD
Status
Active
Employee Count
580
Turnover
£362,725,000
EBITDA
£44,110,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 December 1964
Nature of Business
20120 - Manufacture of dyes and pigments
Industries
Coming Soon
Region
North East

Time to Pay

Average Time to Pay
34 days
Shortest Period:60 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
45%
31-60 Days
45%
After 60 Days
10%
Not Paid Within Terms57%

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: 2025-07-23
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 202523 Jul 20253445%45%10%57%
01 Jan 2024 - 30 Jun 202429 Jul 20243544%46%10%56%
01 Jul 2023 - 31 Dec 202330 Jan 20243544%47%9%59%
01 Jan 2023 - 30 Jun 202331 Jul 20234134%47%19%70%
01 Jan 2022 - 30 Jun 202231 Jul 20224031%56%13%51%
01 Jan 2019 - 30 Jun 201929 Jul 20192563%32%5%67%
01 Jul 2018 - 31 Dec 201825 Jan 20192267%30%3%84%
01 Jan 2018 - 30 Jun 201820 Jul 20182366%31%2%79%

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

60 days from invoice date

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

n/a

Maximum contractual payment period agreed

90

Dispute Resolution Process

If any disputed Claim whatsoever or any difference of opinion or other dispute of whatever kind regarding the Contract and the performance thereof, and including claims of invalidity or for rectification (hereinafter collectively 'Dispute') arises between the parties and cannot be resolved through mediation by the parties themselves, such Disputes shall be exclusively and finally settled by the courts of the jurisdiction in which the Buyer has its registered office.

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

Venator Materials UK Limited is a leading chemical company that specializes in the production and supply of titanium dioxide, a key ingredient in various industries such as paints, coatings, and plastics. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program focuses on reducing carbon emissions, promoting waste reduction and recycling, and conserving resources. They also prioritize the health and safety of their employees, customers, and communities.

Venator Materials UK Limited offers a wide range of products and services, including titanium dioxide pigments, functional additives, and color pigments. These products are used in various applications such as paints, plastics, paper, and personal care products.

The key people at Venator Materials UK Limited include Simon Turner, the Managing Director, and Lawrence O'Reilly, the Finance Director. They lead a team of dedicated professionals who are committed to delivering high-quality products and services.

For more information, you can visit their website at www.venatorcorp.com/uk. Their registered office address is at Wynyard Park, Wynyard, Stockton-on-Tees, TS22 5FG, United Kingdom.

In summary, Venator Materials UK Limited is a leading chemical company with a strong focus on sustainability and providing high-quality products and services. Their commitment to environmental responsibility and safety, along with their experienced leadership team, makes them a reputable and reliable partner in the chemical industry.

Financial Metrics

Cash
£0
Net Worth
£468,607,000
Total Current Assets
£274,705,000
Total Current Liabilities
£75,495,000

Company Location