Industry ranking
Score of 80.97/100 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 Jul 2024 - 31 Dec 2024 | 17 Jan 2025 | 31 | 76% | 23% | 1% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Dec 2024 | 31 | 72% | 27% | 1% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 29 | 52% | 41% | 7% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Net 30 days most frequently used terms. Also net 60 & 90 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
90
If an invoice is in dispute an email notification is sent to the vendor to notify them of the dispute. Accounts/procurement team or will liaise to ensure issue is resolved.
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
Ingevity UK Ltd is a Warrington-based manufacturing company registered under company number 02715398. Companies House records show its nature of business as the manufacture of other chemical products not elsewhere classified. The company has traded under several previous names, including Perstorp UK Ltd, Neste Chemicals UK Ltd, Plastilon (UK) Limited and Unittrade Limited, before adopting its current name. It remains an active private limited company, incorporated in 1992, operating from its Baronet Road site in Warrington. No further detail on specific product lines or customer markets is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk