STEPAN UK LIMITED
Company Information
- Company Number
- 03264997
- Registered Address
- Bridge House, Bridge Street, Stalybridge, Cheshire, SK15 1PH
- Status
- Active
- Employee Count
- 110
- Turnover
- £138,958,000
- EBITDA
- £10,884,000
Additional Details
- Website
- https://stepan.com
- Company Type
- Private limited Company
- Incorporated On
- 17 October 1996
- Nature of Business
- 20411 - Manufacture of soap and detergents20590 - Manufacture of other chemical products not elsewhere classified
- Industries
- Property,Infrastructure And Construction
- 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 2019 - 30 Jun 2019 | 12 Jul 2019 | 65 | 3% | 44% | 53% | 27% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 62 | 2% | 47% | 51% | 19% |
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
Goods for resale - End of month plus 30 days from invoice date Indirect goods and services - End of month plus 60 days from invoice date
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
120
Dispute Resolution Process
Compliants or concerns regarding terms in the fist instance raised with Purchasing Department, for which all suppliers have details. In respect of other compliants on invoice payments and queries in the first instance should be raised with Accounts Payable team. The team will escalate where applicable. Dispute resolution is then conducted in house by the assigned personnel depending on compliant or concern. This is completed on a timely basis and supplier may be contacted when appropriate
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
STEPAN UK LIMITED is a leading chemical manufacturing company based in the United Kingdom. The company is dedicated to providing sustainable solutions for a variety of industries including personal care, household, and industrial cleaning.
Their sustainability program focuses on reducing their environmental impact by implementing sustainable practices in their operations, such as reducing energy consumption and waste generation. They also prioritize the use of renewable resources in their products and encourage their suppliers to do the same.
STEPAN UK LIMITED offers a wide range of products, including surfactants, emulsifiers, and specialty chemicals, that are used in various applications such as shampoos, detergents, and coatings. These products are developed with sustainability in mind, ensuring they are safe for both consumers and the environment.
The company is led by a team of experienced and dedicated individuals, including the Managing Director, Finance Director, and Technical Director. They are committed to driving the company's growth while maintaining their sustainability goals.
For more information on STEPAN UK LIMITED and their products and services, you can visit their website at www.stepan.com/uk. Their registered office address is located at Seal Sands, Middlesbrough, TS2 1UB, United Kingdom. They also have a customer service team available for any inquiries or concerns.
