PPG INDUSTRIES (UK) LIMITED
Company Information
- Company Number
- 02110620
- Registered Address
- Needham Road, Stowmarket, Suffolk, United Kingdom, IP14 2AD
- Status
- Active
- Employee Count
- 731
- Turnover
- £143,641,000
- EBITDA
- £14,566,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 March 1987
- Nature of Business
- 20160 - Manufacture of plastics in primary forms20301 - Manufacture of paints, varnishes and similar coatings, mastics and sealants
- Industries
- Raw Materials And Intermediate Goods
- Region
- East of England
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 58 | 47% | 25% | 28% | 24% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 54 | 46% | 28% | 26% | 24% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 52 | 50% | 31% | 19% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 49 | 49% | 35% | 16% | 14% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 45 | 53% | 31% | 16% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2022 | 47 | 53% | 28% | 19% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 01 Aug 2021 | 54 | 44% | 29% | 28% | 18% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 58 | 45% | 30% | 25% | 21% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 57 | 51% | 24% | 25% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 63 | 43% | 27% | 30% | 27% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 62 | 46% | 22% | 32% | 32% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 38 | 63% | 22% | 15% | 19% |
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
All qualifying contracts can be categorised as follows Raw Material- 30 days from invoice date Goods For Resale- 60 days from invoice date Packaging- 30 days end of month General Purchasing - 60 days from invoice date Logistics - 60 days from invoice date Intercompany- 30 days end of month
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The Company does not currently have in place a system to capture for all invoices the date of receipt of each invoice. As a consequence the Company has decided to use as the start date the date of invoice. Similarly, the Company’s systems do not have the functionality to identify for all invoices the actual date that the supplier received payment. Also, the Company’s payment systems are set up only to pay invoices on the due date for payment. Accordingly, in its calculation of the time taken to pay each invoice, the Company has added (in accordance with the UK Government’s guidance) the standard time it takes for a payment to clear in the supplier’s bank account (depending on the method of payment). This approach has no doubt contributed to an artificial inflating of the number of days it takes to pay invoices. Accordingly, this should be borne in mind when reviewing the Company’s responses to 1A, 1B and 1C above. Regarding the response to question 1C, if the Company was able to re-set the date of payment 3 days earlier than the payment due date (to ensure each supplier received payment of its invoice in cleared funds), then the actual statistic would be reduced to 7 % for this reporting period.
Maximum contractual payment period agreed
90
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. Our suppliers can contact AP department via email: APBrnoUK@ppg.com and should receive reply within 2 working days. These contact details can be found on the purchase orders
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
PPG Industries (UK) Limited is a leading manufacturer of paints, coatings, and specialty materials based in the United Kingdom. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact and promote social responsibility.
Their sustainability program includes efforts to reduce energy and water consumption, decrease waste and emissions, and use renewable resources. PPG Industries (UK) Limited also focuses on developing sustainable products and services, such as low-VOC (volatile organic compound) paints and coatings, to help customers reduce their environmental footprint.
The company's key people include Tim Knavish, Senior Vice President of PPG's automotive coatings division, and Kevin Braun, Vice President of PPG's industrial coatings division. They lead a team of dedicated professionals who are committed to delivering innovative and sustainable solutions to their customers.
Customers can contact PPG Industries (UK) Limited through their website, which provides information about their products and services, as well as their sustainability efforts. The company's registered office address is PPG Industries (UK) Limited, Huddersfield Road, Birstall, Batley, West Yorkshire, WF17 9XA. Overall, PPG Industries (UK) Limited is a leader in the industry, known for its commitment to sustainability and providing high-quality products and services to its customers.
