SUMIKA POLYMER COMPOUNDS (UK) LTD

PaymentCheck Score 2025
83Good
8.4vs last year
#1515 in UK
#31 in Supply Chain
#253 in South East

Company Information

Company Number
02594313
Registered Address
28 New Lane, Havant, Hampshire, PO9 2NQ
Status
Active
Employee Count
53
Turnover
£60,416,000
EBITDA
£463,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 March 1991
Nature of Business
22290 - Manufacture of other plastic products
Industries
Supply Chain,Manufacturing And Commerce Models
Region
South East

Time to Pay

Average Time to Pay
27 days
Shortest Period:0 days
Longest Period:95 days
Max Contractual:95 days

Payment Timeline

Within 30 Days
69%
31-60 Days
25%
After 60 Days
6%
Not Paid Within Terms30%

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: 2025-04-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202524 Oct 20252576%21%3%16%
01 Oct 2023 - 31 Mar 202424 Apr 20242866%28%7%30%
01 Apr 2023 - 30 Sept 202324 Oct 20233259%33%7%25%
01 Apr 2022 - 30 Sept 202231 Oct 20223448%45%7%30%
01 Apr 2021 - 30 Sept 202127 Oct 20213163%30%7%16%
01 Oct 2020 - 31 Mar 202128 Apr 20213462%29%9%8%
01 Apr 2019 - 30 Sept 201930 Oct 20193161%30%9%16%

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

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

n/a

Maximum contractual payment period agreed

95

Dispute Resolution Process

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: sccountspayable@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.

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

SUMIKA POLYMER COMPOUNDS (UK) LTD is a leading polymer compounding company based in the United Kingdom. They specialize in developing and manufacturing high-performance plastic compounds for various industries, including automotive, electrical, and consumer goods.

The company is committed to sustainability and has implemented several initiatives to minimize their environmental impact. They have a robust recycling program and use energy-efficient processes to reduce their carbon footprint. Additionally, they source their raw materials from sustainable suppliers and ensure responsible waste management practices.

SUMIKA POLYMER COMPOUNDS (UK) LTD offers a wide range of products, including custom compounds, color masterbatches, and specialty compounds. They also provide technical support and expertise to their clients to develop innovative solutions for their specific needs.

The key people at SUMIKA POLYMER COMPOUNDS (UK) LTD include Managing Director, James Breen, and Technical Director, Dr. Chris Mear. They have a dedicated team of engineers, chemists, and technicians who work together to deliver high-quality products and services to their customers.

For more information, interested parties can visit the company's website at www.sumikapolymercompounds.co.uk. The registered office address for SUMIKA POLYMER COMPOUNDS (UK) LTD is located at Unit D, South Cambridge Business Park, Babraham Road, Sawston, Cambridge, CB22 3JH, United Kingdom.

Financial Metrics

Cash
£27,000
Net Worth
£3,924,000
Total Current Assets
£15,981,000
Total Current Liabilities
£23,642,000

Company Location