Industry ranking
Score of 80.67/100 qualifies for PaymentCheck Certification
| 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 Oct 2025 - 31 Mar 2026 | 28 Apr 2026 | 26 | 72% | 24% | 4% | 23% |
| 01 Apr 2025 - 30 Sept 2025 | 24 Oct 2025 | 25 | 76% | 21% | 3% | 16% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 27 | 69% | 25% | 6% | 30% |
| 01 Apr 2024 - 30 Sept 2024 | 22 Oct 2024 | 28 | 70% | 23% | 7% | 24% |
| 01 Oct 2023 - 31 Mar 2024 | 24 Apr 2024 | 28 | 66% | 28% | 7% | 30% |
| 01 Apr 2023 - 30 Sept 2023 | 24 Oct 2023 | 32 | 59% | 33% | 7% | 25% |
| 01 Oct 2022 - 31 Mar 2023 | 21 Apr 2023 | 31 | 62% | 31% | 7% | 26% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 34 | 48% | 45% | 7% | 30% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 37 | 50% | 42% | 8% | 30% |
| 01 Apr 2021 - 30 Sept 2021 | 27 Oct 2021 | 31 | 63% | 30% | 7% | 16% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 34 | 62% | 29% | 9% | 8% |
| 01 Oct 2019 - 31 Mar 2020 | 18 May 2020 | 33 | 61% | 30% | 9% | 19% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 31 | 61% | 30% | 9% | 16% |
| 01 Oct 2018 - 31 Mar 2019 | 18 Apr 2019 | 29 | 67% | 26% | 7% | 19% |
| 01 Apr 2018 - 30 Sept 2018 | 22 Oct 2018 | 31 | 61% | 31% | 8% | 19% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 45 days.
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
95
Any queries or disputes about payments due from us should be directed to our Accounts Department, quoting invoice details and any other relevant information. Please use the following email address: Accountspayable@Sumika.co.uk We will give at least an initial reply within 5 working days. In the case of a more complicated dispute, then we may need a further 10 working days to investigate the matter before giving a fuller reply. We seek to follow good practice, resolve any disputes in a timely manner and only withhold payment as a last resort.
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
This is the UK entity operating as Sumika Polymer Compounds Europe, part of the Sumitomo Chemical Group. It compounds plastics, specialising in glass fibre reinforced polypropylene, and describes itself as a plastic compounder that has been manufacturing thermoplastics for over 40 years. The wider group develops thermoplastic polyolefin based compounds and elastomers for European and global customers, supplying materials used as inputs in further manufacturing processes rather than finished consumer goods. Companies House records list its nature of business as manufacture of other plastic products, and it remains an active company registered in Hampshire, incorporated in 1991.
Generated from the company's website and Companies House records. Sources: sumika.co.uk