SUMITOMO CORPORATION EUROPE LIMITED
Company Information
- Company Number
- 01885117
- Registered Address
- Vintners' Place, 68 Upper Thames Street, London, EC4V 3BJ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 February 1985
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SUMITOMO CORPORATION EUROPE LIMITED demonstrates a generally prompt payment trend with an average payment time of 32 days. A significant majority, 77%, of invoices are paid within 30 days, indicating a strong inclination towards timely settlements. However, 17% of payments are considered late, suggesting some inconsistencies despite the overall prompt average.
Volatility Analysis
While 77% of payments are within 30 days, 18% fall into the 31-60 day bracket and 5% extend beyond 60 days, indicating some variability in payment timing. The 17% late payment rate highlights a moderate level of unpredictability for some invoices, which suppliers should factor into their cash flow projections. This distribution suggests that not all invoices can be reliably expected within immediate terms.
Summary Analysis
Overall, SUMITOMO CORPORATION EUROPE LIMITED presents a moderately reliable payment profile, with most payments being timely but a notable portion experiencing delays. Suppliers can proceed with this relationship but should establish clear payment terms and consider strategies like staggered invoicing to mitigate the 17% late payment risk. It is advisable to maintain a small buffer for cash flow planning due to the instances of payments extending beyond 30 days.
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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 32 | 77% | 18% | 5% | 17% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 33 | 71% | 23% | 6% | 26% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 34 | 70% | 22% | 8% | 39% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 34 | 73% | 19% | 8% | 36% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 35 | 75% | 17% | 7% | 27% |
| 01 Oct 2022 - 31 Mar 2023 | 26 Oct 2023 | 37 | 72% | 20% | 8% | 27% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 33 | 79% | 15% | 6% | 21% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | 30 | 73% | 19% | 8% | 7% |
| 01 Apr 2021 - 30 Sept 2021 | 21 Mar 2022 | 34 | 82% | 15% | 3% | 42% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 35 | 74% | 17% | 9% | 16% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 36 | 73% | 20% | 7% | 14% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 32 | 75% | 18% | 6% | 14% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Oct 2019 | 33 | 76% | 18% | 6% | 8% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 32 | 73% | 22% | 5% | 7% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 34 | 69% | 23% | 7% | 9% |
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
Our most frequently used payment term is 30 days after invoice date. We use various services providers and vendors for purchase of goods and the payment terms vary from Immediate to 60 days. Payment terms are agreed in service agreement and/or indicated on the invoice.
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
45
Dispute Resolution Process
Payment disputes are dealt with in accordance with the terms of the relevant contract. The business contact is responsible for confirming that the good / service delivered is of the required quality before payment is actioned. Invoice disputes are addressed with the suppliers directly by the business contact. In the event that the dispute remains unresolved, it will be escalated to a relevant corporate department accordingly.
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
Sumitomo Corporation Europe Limited is an active private limited company
Its name suggests it operates as a European entity within the wider Sumitomo Corporation group
Registered in the UK with company number 01885117, it was incorporated on 11 February 1985
The company's registered office is located in London at Vintners' Place, 68 Upper Thames Street, EC4V 3BJ
Private limited companies, like Sumitomo Corporation Europe Limited, are established to undertake a wide variety of commercial operations
These typically include facilitating trade, managing investments, and providing diverse services across multiple industries within the UK market
