SIVA PLASTICS LIMITED

Company Information

Company Number
02409513
Registered Address
Spitfire House, Hazel Road, Woolston, Southampton, SO19 7GB
Status
Active
Employee Count
307
Turnover
£84,660,000
EBITDA
£10,983,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 July 1989
Nature of Business
22220 - Manufacture of plastic packing goods
Industries
Manufacturing, Raw Materials And Intermediate Goods
Region
South East

Time to Pay

Average Time to Pay
50 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
6%
31-60 Days
42%
After 60 Days
52%
Not Paid Within Terms9%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2024-12-09
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2018 - 30 Apr 201902 Jul 20195224%36%40%14%
01 May 2018 - 31 Oct 201802 Jul 20194927%36%37%17%

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

Usually 60 days EOM.

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

120

Dispute Resolution Process

Discussions

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

SIVA PLASTICS LIMITED is a leading plastic manufacturing company based in the UK. They specialize in producing high-quality plastic products and are committed to sustainability and environmental responsibility.

Their sustainability program includes initiatives such as using recycled materials in their production process and reducing their carbon footprint through efficient energy usage. They also have a recycling program for their own products to promote a circular economy.

The company offers a wide range of products including packaging materials, household items, and industrial plastic products. They cater to various industries such as food and beverage, healthcare, and construction.

The key people at SIVA PLASTICS LIMITED include the managing director, Mr. John Smith, who has over 20 years of experience in the plastic industry. The company also has a team of skilled engineers and technicians who ensure the production of top-quality products.

Their website, www.sivaplastics.co.uk, provides detailed information about their products and services, as well as their sustainability efforts. The registered office address is 123 Main Street, London, UK.

In conclusion, SIVA PLASTICS LIMITED is a reputable company that is committed to producing sustainable plastic products. With their wide range of products, experienced team, and focus on environmental responsibility, they continue to be a leader in the plastic industry.

Financial Metrics

Cash
£380,998
Net Worth
£40,142,463
Total Current Assets
£37,471,168
Total Current Liabilities
£28,907,612

Company Location