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PAYMENTCHECK
HomeCompany SearchBlogAwards
Sectors›Distribution and Delivery›ZOTEFOAMS PLC

ZOTEFOAMS PLC

PaymentCheck Score 2025
53Fair
↓ 30.5vs last year
#4358 in UK
#169 in Distribution And Delivery
#1646 in London

Company Information

Company Number
02714645
Registered Address
675 Mitcham Road, Croydon, CR9 3AL
Status
Active
Employee Count
569
Turnover
£147,791,000
EBITDA
£10,570,000

Additional Details

Website
https://t-fit.org/
Company Type
Public limited Company
Incorporated On
14 May 1992
Nature of Business
22290 - Manufacture of other plastic products
70100 - Activities of head offices
Industries
Distribution And Delivery, Manufacturing, Raw Materials And Intermediate Goods
Region
London
Payment dataScore historyFinancialsLocation

Time to Pay

Average Time to Pay
39 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
30%
31-60 Days
61%
After 60 Days
9%
Not Paid Within Terms44%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20253930%61%9%44%
01 Jul 2024 - 31 Dec 202424 Jan 20253173%23%4%10%
01 Jan 2024 - 30 Jun 202408 Jul 20242776%20%4%10%
01 Jul 2023 - 31 Dec 202304 Jan 20242775%20%5%9%
01 Jan 2023 - 30 Jun 202318 Jul 20232973%22%5%9%
01 Jul 2022 - 31 Dec 202211 Jan 20233068%24%8%14%
01 Jan 2022 - 30 Jun 202212 Jul 20222971%23%6%13%
01 Jul 2021 - 31 Dec 202110 Jan 20223070%23%7%15%
01 Jan 2021 - 30 Jun 202108 Jul 20212973%22%5%15%
01 Jul 2020 - 31 Dec 202011 Jan 20213372%21%7%20%
01 Jan 2020 - 30 Jun 202014 Jul 20205045%29%26%51%
01 Jul 2019 - 31 Dec 201915 Jan 20203852%34%14%55%
01 Jan 2019 - 30 Jun 201923 Aug 20193849%39%13%48%
01 Jul 2018 - 31 Dec 201823 Aug 20193850%40%11%44%
01 Jan 2018 - 30 Jun 201823 Aug 20194147%41%12%45%

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

https://www.zotefoams.com/wp-content/uploads/2025/03/Zotefoams-plc-Conditions-of-Sale-1.pdf

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

60

Dispute Resolution Process

Raise the issue with supplier (person responsible for the purchase) pay the invoice when the issue is resolved; or process the credit note when the issue is resolved.

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

ZOTEFOAMS PLC is a leading manufacturer of cellular materials, specializing in cross-linked polyolefin foams. The company's main activities involve producing and supplying innovative foam products for a wide range of industries, including automotive, construction, packaging, and healthcare.

In terms of sustainability, ZOTEFOAMS PLC is committed to reducing its environmental impact and promoting a circular economy. They have a dedicated sustainability program in place, which includes initiatives such as reducing energy consumption, promoting recycling, and using eco-friendly materials in their manufacturing processes.

The company's flagship product is called "Plastazote," a closed-cell, cross-linked polyethylene foam that is lightweight, durable, and 100% recyclable. This product is used in various applications, including protective packaging, cushioning, and insulation.

ZOTEFOAMS PLC is led by a team of experienced and knowledgeable individuals, including CEO David Stirling and Chairman Nigel Pritchard. The company's registered office is located in Croydon, Surrey, and their website address is https://www.zotefoams.com/. Customers and investors can contact the company through their website or by visiting their registered office at 675 Mitcham Road, Croydon CR9 3AL, United Kingdom.

Financial Metrics

Cash
£10,534,000
Net Worth
£99,533,000
Total Current Assets
£71,994,000
Total Current Liabilities
£51,916,000

Company Location

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PaymentCheck

Our mission is to change the culture of late payments in the UK and help save over 55,000 companies every year which close due to cashflow issues.

Services

  • Payment Check
  • Business Solutions
  • API Access
  • Invoice Calculator
  • Late Payment Help
  • Get Certified

Company

  • About Us
  • Contact
  • Blog
  • Search Archive
  • Compare
  • EULA
  • Privacy Policy
  • Terms and Conditions

Awards

  • Methodology
  • 2025 Awards
  • 2024 Awards
  • 2023 Awards
  • 2022 Awards
  • 2021 Awards
  • 2020 Awards

Contact

  • office@paymentcheck.co.uk
  • +44 (0) 7915 608 057
  • Send Your Story

© 2026 Payment Check Ltd

Registered Address: 3rd Floor Suite 207 Regent Street London W1B 3HH

Made by Alastair Campbell