SABIC UK PETROCHEMICALS LIMITED
Company Information
- Company Number
- 03767075
- Registered Address
- The Wilton Centre, Wilton, Redcar, Cleveland, TS10 4RF
- Status
- Active
- Employee Count
- 383
- Turnover
- £280,100,000
- EBITDA
- £84,900,000
Additional Details
- Website
- https://sabic-europe.com
- Company Type
- Private limited Company
- Incorporated On
- 5 May 1999
- Nature of Business
- 20140 - Manufacture of other organic basic chemicals
- Industries
- Coming Soon
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Jun 2025 | 29 Aug 2025 | 32 | 52% | 47% | 1% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 32 | 50% | 46% | 4% | 11% |
| 01 Jun 2023 - 31 Dec 2023 | 31 Jan 2024 | 34 | 50% | 43% | 7% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 30 | 60% | 35% | 5% | 12% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 32 | 53% | 38% | 9% | 15% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 30 | 58% | 35% | 7% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 31 | 54% | 39% | 7% | 19% |
| 01 Jan 2019 - 30 Jun 2019 | 01 Nov 2019 | 35 | 47% | 41% | 12% | 16% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 34 | 51% | 39% | 10% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 37 | 38% | 50% | 12% | 53% |
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
60 days from date of invoice
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
60
Dispute Resolution Process
A complaint or concern will be handled by procurement within 7 days
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
SABIC UK PETROCHEMICALS LIMITED is a leading petrochemical company in the UK, operating as a subsidiary of Saudi Basic Industries Corporation (SABIC). The company is committed to sustainable practices and has a strong focus on environmental, social, and economic responsibility.
The company's sustainability program includes initiatives such as reducing greenhouse gas emissions, promoting energy efficiency, and using renewable energy sources. SABIC UK also actively supports and invests in community projects and has implemented various measures to ensure the health and safety of its employees.
The company's products and services include a wide range of petrochemicals, polymers, and performance materials that are used in various industries such as automotive, construction, and healthcare. SABIC UK is known for its innovative solutions and has a strong track record of delivering high-quality products to its customers.
The key people at SABIC UK include the managing director, Richard Lowth, and the head of sustainability, Paul Edwards, who are dedicated to driving the company's sustainable growth. The company has a team of experienced professionals who are committed to delivering excellence in all aspects of their work.
For more information about SABIC UK PETROCHEMICALS LIMITED, their products and services, and their sustainability initiatives, you can visit their website at www.sabic.com/uk and their registered office address is at 5th Floor, 6 St. Andrew Street, London, EC4A 3AE.
