SANKO GOSEI UK LTD

PaymentCheck Score 2023
42Poor
4.8vs last year
#4606 in UK
#120 in Manufacturing
#367 in North West

Company Information

Company Number
02159382
Employee Count
208
Turnover
£48,267,000
EBITDA
£1,686,000

Additional Details

Industries
Manufacturing, Raw Materials And Intermediate Goods
Region
North West

Time to Pay

Average Time to Pay
43 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
16%
31-60 Days
77%
After 60 Days
8%
Not Paid Within Terms60%

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: 2023-06-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2022 - 31 May 202316 Jun 20234316%77%8%60%
01 Dec 2021 - 31 May 202221 Jun 20224612%75%13%17%
01 Jun 2021 - 30 Nov 202116 Dec 20214617%69%13%16%
01 Dec 2020 - 31 May 202122 Jun 20214321%70%9%3%
01 Jun 2020 - 30 Nov 202011 Jan 2021458%83%9%11%
01 Dec 2018 - 31 May 201917 Jun 2019469%79%12%12%
01 Jun 2017 - 30 Nov 201714 Dec 2017469%82%9%11%

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

30 days nett monthly

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 managed internally by the Finance team and may be escalated to the Board of Directors if required.

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

SANKO GOSEI UK LTD is a leading company in the automotive industry, specializing in the design and manufacture of high-quality plastic and rubber products for various automotive applications. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact and promote sustainable practices.

Their sustainability program includes initiatives such as reducing carbon emissions, waste reduction, and promoting the use of renewable energy sources. They also have a recycling program in place to ensure that their production processes are as eco-friendly as possible.

SANKO GOSEI UK LTD offers a wide range of products, including exterior and interior automotive parts, such as bumper fascias, door trims, and instrument panels. They also specialize in the production of sealing systems, weatherstrips, and other rubber components for the automotive industry.

The key people at SANKO GOSEI UK LTD include the Managing Director, Mr. Tomonobu Kubota, and the Director of Operations, Mr. Takashi Koyama. The company has a team of highly skilled and experienced professionals who are dedicated to providing the best products and services to their customers.

Their website address is www.sankogoseiuk.com, where customers can find more information about their products and services. The registered office address for SANKO GOSEI UK LTD is Unit 1B, Fradley Business Park, Wood End Lane, Fradley, Lichfield, Staffordshire, WS13 8NE.

In conclusion, SANKO GOSEI UK LTD is a sustainable company that offers high-quality plastic and rubber products to the automotive industry. With a strong commitment to sustainability and a team of experienced professionals, they continue to be a leader in their field.

Financial Metrics

Cash
£3,423,170
Net Worth
£15,382,112
Total Current Assets
£18,589,416
Total Current Liabilities
£9,892,653