| 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 Jul 2025 - 31 Dec 2025 | 22 Jan 2026 | 44 | 49% | 31% | 20% | 8% |
| 01 Jan 2025 - 30 Jun 2025 | 23 Jul 2025 | 41 | 49% | 34% | 17% | 6% |
| 01 Jul 2024 - 31 Dec 2024 | 14 Jan 2025 | 42 | 49% | 32% | 19% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 12 Jul 2024 | 44 | 44% | 35% | 21% | 15% |
| 01 Jul 2023 - 31 Dec 2023 | 11 Jan 2024 | 39 | 58% | 27% | 15% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 38 | 55% | 26% | 19% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | 39 | 54% | 28% | 18% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 14 Jan 2022 | 38 | 53% | 28% | 19% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 39 | 51% | 30% | 19% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 39 | 49% | 32% | 19% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Jul 2020 | 43 | 43% | 33% | 24% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 44 | 43% | 33% | 24% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 43 | 46% | 31% | 23% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 44 | 42% | 31% | 27% | 22% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Sun Chemical Ltd's standard payment terms are 60 days end of month but many of our vendors are on 30 days from end of month
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
90
Missing invoices - Copy invoices are requested and processed as priority, Vendors are asked how originals have been sent and offered an emailing option, if already emailing vendor is asked when the document was sent and checks are run to see why the invoice did not get processed and procedures put in place to stop this happening again Quantity Queries - If an invoice is received with a quantity greater than the receipt showing on the purchase order the business is asked if the extra quantity has been received if the business does not agree the vendors are asked to provide proof of delivery or work done , these are then forwarded to the business so that they can check that the goods have been received or the work completed and load the extra goods receipt, if no POD can be issued and the business is not in receipt of the goods a credit note to be requested from the vendor. Price queries - Invoices are sent to the purchasing department to approve the difference in price, if the new pricings have not been agreed between the business and the vendor a credit note will be requested, if the prices on the invoice are correct the invoice will be paid as per payment terms.
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
SUN CHEMICAL LIMITED is a leading global supplier of printing inks, coatings and supplies, pigments, polymers, and application materials. The company was founded in 1818 and is headquartered in Slough, United Kingdom.
The company's commitment to sustainability is evident in its various activities. It has implemented a sustainability program that focuses on reducing its environmental impact, promoting responsible sourcing, and improving the health and safety of its employees. SUN CHEMICAL LIMITED also actively supports local communities through charitable initiatives and encourages its employees to volunteer for social causes.
The company offers a wide range of sustainable products and services, including eco-friendly inks, coatings, and packaging materials. These products are designed to minimize waste, reduce energy consumption, and lower the carbon footprint of its customers. SUN CHEMICAL LIMITED also provides sustainable solutions for the textile, automotive, and industrial markets.
The key people at SUN CHEMICAL LIMITED include Chris Parrilli, President and CEO, and Myron Petruch, Chief Executive Officer. Both have extensive experience in the chemical and manufacturing industry, and are committed to driving innovation and sustainability within the company.
Customers can contact SUN CHEMICAL LIMITED through their website, which also provides information about their sustainability efforts and products. The company's registered office address is 3 More London Riverside, London, SE1 2AQ, United Kingdom.
In conclusion, SUN CHEMICAL LIMITED is a global leader in the chemical industry, with a strong commitment to sustainability. Through its sustainability program, eco-friendly products, and dedicated team, the company is making a positive impact on the environment and society.
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