Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Dec 2022 - 31 May 2023 | 16 Jun 2023 | 43 | 16% | 77% | 8% | 60% |
| 01 Jun 2022 - 30 Nov 2022 | 14 Dec 2022 | 43 | 2% | 47% | 50% | 23% |
| 01 Dec 2021 - 31 May 2022 | 21 Jun 2022 | 46 | 12% | 75% | 13% | 17% |
| 01 Jun 2021 - 30 Nov 2021 | 16 Dec 2021 | 46 | 17% | 69% | 13% | 16% |
| 01 Dec 2020 - 31 May 2021 | 22 Jun 2021 | 43 | 21% | 70% | 9% | 3% |
| 01 Jun 2020 - 30 Nov 2020 | 11 Jan 2021 | 45 | 8% | 83% | 9% | 11% |
| 01 Dec 2019 - 31 May 2020 | 24 Jun 2020 | 49 | 14% | 65% | 21% | 23% |
| 01 Jun 2019 - 30 Nov 2019 | 10 Dec 2019 | 46 | 10% | 79% | 11% | 13% |
| 01 Dec 2018 - 31 May 2019 | 17 Jun 2019 | 46 | 9% | 79% | 12% | 12% |
| 01 Jun 2018 - 30 Nov 2018 | 12 Dec 2018 | 45 | 12% | 78% | 10% | 10% |
| 01 Dec 2017 - 31 May 2018 | 18 Jun 2018 | 47 | 11% | 78% | 11% | 11% |
| 01 Jun 2017 - 30 Nov 2017 | 14 Dec 2017 | 46 | 9% | 82% | 9% | 11% |
This information is as reported by the business, and responses are in their own words.
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
Disputes are managed internally by the Finance team and may be escalated to the Board of Directors if required.
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
Sanko Gosei UK Ltd is the UK arm of Sanko Gosei, a global manufacturer of injection moulded plastic components founded in Japan in 1940, with its European headquarters based in Skelmersdale, Lancashire. The group designs, tools and manufactures moulded parts primarily for the automotive sector, offering services spanning design and engineering, tooling, injection moulding, and painting and coating, including interior, body and technical finishes for components such as bumpers. The UK operation forms part of a wider international network with facilities across Europe, the US, Mexico, India and China. It also includes a UK painting and coatings site acquired to extend its finishing capability for automotive customers.
Generated from the company's website and Companies House records. Sources: sanko-gosei.co.uk · sanko-gosei.co.uk