SK HYNIX UK LIMITED

PaymentCheck Score 2025
96Excellent
0.2vs last year
#338 in UK
#53 in South East

Company Information

Company Number
03077981
Registered Address
Unit 4 Horizon Business Village, 1 Brooklands Road, Weybridge, Surrey, United Kingdom, KT13 0TJ
Status
Active
Employee Count
12
Turnover
£806,598,000
EBITDA
£2,860,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 July 1995
Nature of Business
46510 - Wholesale of computers, computer peripheral equipment and software
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
20 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
98%
31-60 Days
2%
After 60 Days
0%
Not Paid Within Terms3%

Payment Features

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

Payment Score History

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

Performance Reports History

Reporting Period Filed: 2025-01-22
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 202529 Jul 20252198%2%0%2%
01 Jul 2024 - 31 Dec 202422 Jan 20252098%2%0%3%
01 Jan 2024 - 30 Jun 202423 Jul 20242098%2%0%3%
01 Jul 2023 - 31 Dec 202322 Jan 20242398%2%0%4%
01 Jul 2022 - 31 Dec 202225 Jan 20232298%2%0%3%
01 Jul 2021 - 31 Dec 202124 Jan 20222298%2%0%3%
01 Jan 2020 - 30 Jun 202029 Jul 20201898%2%0%3%
01 Jul 2019 - 31 Dec 201927 Jan 20201598%2%0%2%
01 Jan 2019 - 30 Jun 201925 Jul 20191499%1%0%1%
01 Jul 2018 - 31 Dec 201825 Jan 20191499%1%0%1%

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

Please note majority of our purchases are inter-company which do not have significant connection with the UK and do not qualify to be reported here

Maximum contractual payment period agreed

30

Dispute Resolution Process

The Company is committed to dealing with its suppliers in a fair, honest and professional manner. We seek to resolve queries as quickly as possible to both party's satisfaction. Disputes are dealt with by our Finance Department to resolve them with the Supplier

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

SK Hynix UK Limited is a technology company that specializes in the production of memory chips for various electronic devices. The company's sustainability program focuses on reducing their environmental impact and promoting social responsibility.

The company's products include dynamic random-access memory (DRAM) and NAND flash memory chips, which are used in smartphones, computers, and other electronic devices. These products are known for their high performance and reliability.

SK Hynix UK Limited is led by Mr. Sang Woo Lee, the managing director, and Mr. Eung Tae Kim, the finance director. The company has a team of dedicated employees who work towards achieving their goals of sustainable growth.

In terms of sustainability, SK Hynix UK Limited has implemented various initiatives such as reducing greenhouse gas emissions, promoting energy efficiency, and recycling waste materials. They also prioritize ethical and fair business practices, as well as community involvement.

The company's registered office address is 2nd Floor, 5-7 Cranwood Street, London, EC1V 9EE, United Kingdom. Their website address is https://www.skhynix.com/eng/. Customers can contact them through their website or by phone at +44 20 7096 8860.

In summary, SK Hynix UK Limited is a leading technology company that not only produces high-quality memory chips but also prioritizes sustainability and social responsibility. Their commitment to reducing their environmental impact and promoting ethical practices makes them a responsible and reliable company in the tech industry.

Financial Metrics

Cash
£5,751,202
Net Worth
£16,767,034
Total Current Assets
£191,589,321
Total Current Liabilities
£175,267,732

Company Location