| 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 | 03 Feb 2026 | 33 | 51% | 44% | 5% | 5% |
| 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 2023 - 30 Jun 2023 | 18 Jul 2023 | 32 | 50% | 39% | 11% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 32 | 55% | 35% | 10% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 32 | 55% | 36% | 9% | 15% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 33 | 54% | 33% | 13% | 13% |
| 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% |
This information is as reported by the business, and responses are in their own words.
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
Procurement will handle any complaints or disputes within 7 days
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
SABIC UK Petrochemicals Limited is registered at Wilton, Redcar, and its listed nature of business is the manufacture of other organic basic chemicals. It previously traded as Huntsman ICI Petrochemicals (UK) Limited and later Huntsman Petrochemicals (UK) Limited before adopting its current name, reflecting its position within the SABIC petrochemicals group. The company remains active, filing annual accounts and confirmation statements with Companies House. As part of a wider international group operating from the Wilton Centre site, its role is that of a UK manufacturing entity within the group's chemical production operations, rather than a separate standalone trading brand.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk