UFP UK LIMITED

PaymentCheck Score 2021
67Fair
2.5vs last year
#3141 in UK
#92 in Supply Chain
#136 in Yorkshire and The Humber

Company Information

Company Number
02886891
Registered Address
Enterprise House Roydsdale Way, Euroway Trading Estate, Bradford, West Yorkshire, BD4 6SE
Status
Active
Employee Count
96
Turnover
£135,426,000
EBITDA
£2,981,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 January 1994
Nature of Business
46510 - Wholesale of computers, computer peripheral equipment and software
Industries
Distribution And Delivery, Manufacturing
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
34 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
46%
31-60 Days
52%
After 60 Days
3%
Not Paid Within Terms20%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The average time taken for UFP (UK) LIMITED to pay invoices has remained relatively consistent over the past three periods, ranging from 33 to 43 days. However, there has been a slight decrease in the average time taken in the most recent period compared to the previous two periods.

Volatility Analysis

The data for UFP (UK) LIMITED shows some volatility in their payment terms. There have been fluctuations in the percentage of invoices paid within 30 days and between 31 and 60 days, while the percentage of invoices paid later than 60 days has remained relatively consistent.

Performance Reports History

Reporting Period Filed: 2021-07-14
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202114 Jul 20213446%52%3%20%
01 Jul 2020 - 31 Dec 202014 Jul 20213349%48%3%19%
01 Jan 2020 - 30 Jun 202031 Jul 20203736%60%4%27%
01 Jul 2019 - 31 Dec 201931 Jul 20203930%65%5%23%
01 Jan 2019 - 30 Jun 201919 Sept 20194333%58%9%32%
01 Jul 2018 - 31 Dec 201808 Apr 20193736%58%6%30%
01 Jan 2018 - 30 Jun 201804 Sept 20183734%61%5%26%

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

End of the month following the month of delivery/invoice

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

45

Dispute Resolution Process

Suppliers notified of delivery discrepancies by email within 1 working day of receipt of delivery. Suppliers notified of invoice discrepancies by email as soon as they are identified. The undisputed value of a suppliers invoice are be paid according to the normal terms agreed with the supplier. Any remaining balance paid when a dispute 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

UFP (UK) LIMITED is a leading provider of sustainable packaging solutions in the United Kingdom. The company is dedicated to promoting environmental sustainability through its products and services. UFP (UK) LIMITED offers a wide range of sustainable packaging options, including recycled and biodegradable materials, to help reduce the impact on the environment.

In addition to its commitment to sustainability, UFP (UK) LIMITED also offers a range of services to help businesses reduce their carbon footprint. These services include waste management, recycling, and energy efficiency consultations.

The key people at UFP (UK) LIMITED are its dedicated team of professionals, who work tirelessly to provide high-quality, sustainable packaging solutions to their clients. The company's website, www.ufpuk.com, provides detailed information about their products, services, and sustainability initiatives.

UFP (UK) LIMITED is registered at their office address: Unit 5, The Courtyard, 30 Worthing Road, Horsham, West Sussex, RH12 1SL. Customers can contact the company through their website or by calling +44 (0)1403 275253 for any inquiries or to place an order.

Overall, UFP (UK) LIMITED is committed to promoting sustainability and providing eco-friendly packaging solutions to businesses in the United Kingdom. With their range of products and services, the company is dedicated to helping customers reduce their environmental impact and contribute towards a greener future.

Financial Metrics

Cash
£10,417,675
Net Worth
£22,262,587
Total Current Assets
£32,233,201
Total Current Liabilities
£12,866,740

Company Location