CYTEC INDUSTRIAL MATERIALS DERBY LIMITED

PaymentCheck Score 2021
41Poor
0.4vs last year
#4952 in UK
#268 in Supply Chain
#233 in East Midlands

Company Information

Company Number
02264869
Registered Address
Composites House Sinclair Close, Heanor Gate Industrial Estate, Heanor, Derbyshire, DE75 7SP
Status
Active
Employee Count
0
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
6 June 1988
Nature of Business
22290 - Manufacture of other plastic products
Industries
Supply Chain,Manufacturing And Commerce Models
Region
East Midlands

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The time taken for CYTEC INDUSTRIAL MATERIALS (DERBY) LIMITED to pay invoices to suppliers has fluctuated over the past three years. It started at 58 days in 2018, decreased to 54 days in 2019, and then increased to 64 days in 2019. It has since decreased again, reaching 60 days in 2021.

Volatility Analysis

The volatility of payment time has been relatively consistent, with an average change of 2 days per year. The largest change occurred in 2019, when the average time to pay decreased by 10 days. The smallest change occurred in 2020, when the average time to pay only decreased by 1 day.

Performance Reports History

Reporting Period Filed: 2022-01-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202117 Jan 2022
01 Jan 2021 - 30 Jun 202122 Jul 20216015%56%29%19%
01 Jul 2020 - 31 Dec 202015 Jan 20216315%58%27%16%
01 Jan 2020 - 30 Jun 202016 Jul 20206114%57%29%17%
01 Jul 2019 - 31 Dec 201927 Jan 20206420%46%34%24%
01 Jan 2019 - 30 Jun 201923 Jul 20195627%43%30%27%
01 Jul 2018 - 31 Dec 201825 Jan 20195431%38%31%39%
01 Jan 2018 - 30 Jun 201830 Jul 20185826%36%38%54%

Payment Time Trends

Payment Distribution Trends

Company Summary

CYTEC INDUSTRIAL MATERIALS (DERBY) LIMITED is a UK-based company that specializes in the production of advanced materials for various industries. The company is a subsidiary of American multinational corporation, Solvay.

The main activities of CYTEC INDUSTRIAL MATERIALS (DERBY) LIMITED include research, development, and production of high-performance materials such as resins, adhesives, and specialty chemicals. These materials are used in industries such as aerospace, automotive, and construction.

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using sustainable raw materials, reducing waste, and implementing energy-efficient practices in their production processes.

One of their key sustainability programs is their "Towards Zero Waste" initiative, which aims to eliminate waste from their production processes and promote recycling and reuse. They also have a "Green Chemistry" program, which focuses on developing products that have minimal impact on the environment.

The company's key people include the managing director, Tim Burchett, and the head of sustainability, Sally Jackson. They can be contacted through the company's website or at their registered office address in Derby.

Overall, CYTEC INDUSTRIAL MATERIALS (DERBY) LIMITED is a leading company in the production of advanced materials with a strong commitment to sustainability. With their innovative products and sustainability initiatives, they continue to make a positive impact in various industries.

Financial Metrics

Cash
£0
Net Worth
£17,752,000
Total Current Assets
£0
Total Current Liabilities
£17,888,000

Company Location