ZOTEFOAMS PLC
Company Information
- Company Number
- 02714645
- Registered Address
- 675 Mitcham Road, Croydon, CR9 3AL
- Status
- Active
- Employee Count
- 518
- Turnover
- £127,369,000
- EBITDA
- £22,175,000
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 products70100 - Activities of head offices
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Jan 2024 - 30 Jun 2024 | 08 Jul 2024 | 27 | 76% | 20% | 4% | 10% |
| 01 Jul 2023 - 31 Dec 2023 | 04 Jan 2024 | 27 | 75% | 20% | 5% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 11 Jan 2023 | 30 | 68% | 24% | 8% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 10 Jan 2022 | 30 | 70% | 23% | 7% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 08 Jul 2021 | 29 | 73% | 22% | 5% | 15% |
| 01 Jul 2020 - 31 Dec 2020 | 11 Jan 2021 | 33 | 72% | 21% | 7% | 20% |
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
30 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
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.
