POLYONE CORPORATION UK LIMITED
Company Information
- Company Number
- 03141094
- Registered Address
- Units 9-11 Unity Grove, Knowsley Business Park, Knowsley, Merseyside, L34 9GT
- Status
- Active
- Employee Count
- 12
- Turnover
- £10,278,000
- EBITDA
- £42,000
Additional Details
- Website
- https://polyone.com
- Company Type
- Private limited Company
- Incorporated On
- 22 December 1995
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified
- Industries
- Life Sciences And Medical Technology
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
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 2021 - 30 Jun 2021 | 28 Jul 2021 | 66 | 62% | 33% | 5% | 2% |
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
The preferred PolyOne Payments terms for 3rd party vendors are the 5th day of the 4th month after the Invoice Date. Payment terms are outlined in contracts with suppliers. Where a contract is not negotiated, the payment terms will be clearly stated on the Purchase Orders (POs) sent to suppliers. Any changes to the payment terms would require a contract amendment.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We have prescheduled payment runs that are processed regularly for all cleared invoices
Maximum contractual payment period agreed
97
Dispute Resolution Process
PolyOne Corporation UK Limited has a dedicated Accounts Payable helpdesk in the event of a dispute with a supplier that offers them support through to query resolution. This query can be raised via email at AP.GB.Inquiries@avient.com. If needed the query is then forwarded to the PolyOne Corporation UK Limited contract monitor or requisitioner for further investigation.
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.
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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
Company Summary
POLYONE CORPORATION UK LIMITED is a leading global provider of specialized polymer materials, services, and solutions. The company is committed to sustainability and has a strong focus on reducing its environmental impact while also providing high-quality products and services.
The company's sustainability program includes initiatives such as reducing energy consumption, waste reduction, and promoting recycling. They also offer eco-friendly products such as biodegradable and recycled materials, as well as sustainable packaging solutions.
Some of the key people in the company include the Managing Director, who oversees the overall operations, and the Head of Sustainability, who leads the company's sustainability efforts.
POLYONE CORPORATION UK LIMITED offers a wide range of products and services, including specialty polymers, additives, colorants, and custom polymer solutions. They serve various industries such as healthcare, packaging, transportation, and consumer goods.
The company's registered office address is at UK House, 5th Floor, 180 Oxford Street, London, W1D 1NN, United Kingdom. Their website address is www.polyone.com, where customers can find more information about their products and services, as well as their sustainability efforts.
Overall, POLYONE CORPORATION UK LIMITED is a reputable company that is dedicated to sustainability and providing high-quality polymer materials and solutions to its customers. With its strong commitment to environmental responsibility, the company continues to make a positive impact in the polymer industry.
