SOFIDEL UK LIMITED

PaymentCheck Score 2025
39Poor
2.3vs last year
#4100 in UK
#58 in Wales

Company Information

Company Number
02245657
Registered Address
Brunel Way Baglan Energy Park, Briton Ferry, Neath, Wales, SA11 2FP
Status
Active
Employee Count
806
Turnover
£391,149,000
EBITDA
£60,229,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 April 1988
Nature of Business
17120 - Manufacture of paper and paperboard
Industries
Coming Soon
Region
Wales

Time to Pay

Average Time to Pay
51 days
Shortest Period:2 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
14%
31-60 Days
63%
After 60 Days
23%
Not Paid Within Terms52%

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: 2025-07-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202522 Jul 20255114%63%23%52%
01 Jan 2024 - 30 Jun 202409 Jul 20245210%68%22%54%
01 Jul 2023 - 31 Dec 202322 Jan 20242810%65%25%51%
01 Jul 2021 - 31 Dec 202111 Jan 2022299%64%27%53%
01 Jan 2021 - 30 Jun 202115 Jul 2021349%57%34%67%
01 Jan 2019 - 30 Jun 201930 Jul 2019486%53%41%91%
01 Jul 2018 - 31 Dec 201828 Jan 2019379%57%34%89%
01 Jan 2018 - 30 Jun 201827 Jul 20184111%48%41%86%

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

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

Dispute Resolution Process

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.

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

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.

Financial Metrics

Cash
£599,000
Net Worth
£412,174,000
Total Current Assets
£151,604,000
Total Current Liabilities
£90,980,000

Company Location