Score of 97.6/100 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 2025 - 31 Dec 2025 | 26 Jan 2026 | 18 | 99% | 1% | 0% | 1% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 21 | 98% | 2% | 0% | 2% |
| 01 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 20 | 98% | 2% | 0% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 20 | 98% | 2% | 0% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 23 | 98% | 2% | 0% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 19 Jul 2023 | 22 | 98% | 2% | 0% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 22 | 98% | 2% | 0% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 22 | 98% | 2% | 0% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 21 | 98% | 2% | 0% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 21 | 98% | 2% | 0% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 18 | 98% | 2% | 0% | 3% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 15 | 98% | 2% | 0% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 14 | 99% | 1% | 0% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 14 | 99% | 1% | 0% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 18 Jul 2018 | 13 | 99% | 1% | 0% | 1% |
This information is as reported by the business, and responses are in their own words.
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
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
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.
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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.
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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.
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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
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.
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