| 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 | 22 Jul 2025 | 51 | 14% | 63% | 23% | 52% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 52 | 10% | 68% | 22% | 54% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 28 | 10% | 65% | 25% | 51% |
| 01 Jul 2021 - 31 Dec 2021 | 11 Jan 2022 | 29 | 9% | 64% | 27% | 53% |
| 01 Jan 2021 - 30 Jun 2021 | 15 Jul 2021 | 34 | 9% | 57% | 34% | 67% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 48 | 6% | 53% | 41% | 91% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 37 | 9% | 57% | 34% | 89% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 41 | 11% | 48% | 41% | 86% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are agreed with each supplier individually and may vary depending on the nature of the goods or services provided. Payment runs for each currency are made at the beginning and middle of each month. For the majority of cases invoices are paid on the first available payment run after their due date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The statistics show a high proportion of invoices not paid within the agreed terms. This is a function of our bi-monthly payment runs and the majority of invoices are paid within in a few days of their due date.
Maximum contractual payment period agreed
120
Suppliers are asked to contact the Accounts Payable team with any queries or disputes. Any queries that cannot be resolved by the team are forwarded to Purchase Office for further investigation and resolution. An escalation process exists where any unresolved queries are escalated to department managers/senior management.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
SOFIDEL UK LIMITED is a leading manufacturer of paper products, with a focus on sustainability. The company's sustainability program is a core part of their operations, as they strive to reduce their environmental impact and promote responsible production practices.
Their products include toilet paper, kitchen roll, facial tissues, and industrial rolls, which are all made from responsibly sourced materials. They also offer recycled and FSC certified options to their customers.
The key people behind SOFIDEL UK LIMITED are their managing director, Paolo Zaggia, and their sustainability manager, Marilena Delli Carri. They are committed to upholding the company's values and driving sustainability initiatives.
To further promote their sustainability efforts, SOFIDEL UK LIMITED is also a member of various organizations such as the World Wildlife Fund and the Confederation of Paper Industries. They also hold certifications including ISO 14001 for environmental management and ISO 50001 for energy management.
Their registered office address is located at 1 New York Street, Manchester, M1 4HD, United Kingdom. Customers can also contact them through their website, www.sofidel.com, for more information on their sustainability program and products.