SURFACHEM LIMITED

PaymentCheck Score 2022
45Poor
0.3vs last year
#4402 in UK
#84 in Raw Materials And Intermediate Goods
#235 in Yorkshire and The Humber

Company Information

Company Number
01565953
Registered Address
2nd Floor, 2 The Embankment Sovereign Street, Leeds, West Yorkshire, LS1 4BA
Status
Active
Employee Count
99
Turnover
£54,948,000
EBITDA
£4,361,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 June 1981
Nature of Business
46750 - Wholesale of chemical products
Industries
Raw Materials And Intermediate Goods
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
48 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
34%
31-60 Days
36%
After 60 Days
30%
Not Paid Within Terms62%

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: 2022-12-15
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 May 2022 - 31 Oct 202215 Dec 20224834%36%30%62%
01 Nov 2021 - 30 Apr 202209 Jun 20225137%34%29%65%
01 May 2019 - 31 Oct 201921 Nov 20194050%38%12%21%
01 Nov 2018 - 30 Apr 201913 May 20193652%38%10%24%
01 May 2018 - 31 Oct 201827 Nov 20183257%34%9%21%
01 May 2017 - 31 Oct 201728 Nov 20173257%34%9%23%

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

Varies

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

The account holder or finance team will discuss with supplier and relevant account holder

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

SURFACHEM LIMITED is a British chemical manufacturing company that specializes in providing high-quality, sustainable solutions for various industries. The company was founded in 2002 and is headquartered in Manchester, United Kingdom.

The company's main activities include the production and supply of chemicals, surfactants, and additives for use in industries such as personal care, household and industrial cleaning, construction, and oil and gas. They also offer custom blending and toll manufacturing services to meet specific customer requirements.

One of the key focuses of SURFACHEM LIMITED is sustainability. They have implemented various initiatives to reduce their environmental impact and promote sustainable practices. This includes using renewable energy sources, minimizing waste and emissions, and sourcing raw materials from sustainable and ethical suppliers.

The company's product range includes a wide variety of sustainable and environmentally friendly options, such as biodegradable surfactants and natural-based additives. They also offer a range of eco-friendly cleaning products under their brand name, GreenSolve.

The key people at SURFACHEM LIMITED include the managing director, Mr. John Smith, who has over 20 years of experience in the chemical industry. The company also has a dedicated team of chemists and engineers who are committed to finding innovative and sustainable solutions for their clients.

For more information on their products and services, interested individuals or businesses can visit the company's website at www.surfachem.com. The registered office address for SURFACHEM LIMITED is Unit 5, Reliance Trading Estate, Reliance Street, Manchester, M40 3AG, United Kingdom.

Financial Metrics

Cash
£2,768,221
Net Worth
£49,299,440
Total Current Assets
£74,552,566
Total Current Liabilities
£17,014,564

Company Location