MULTISOL EUROPE LIMITED

PaymentCheck Score 2023
47Poor
1.2vs last year
#4386 in UK
#228 in Yorkshire and The Humber

Company Information

Company Number
05256361
Registered Address
Alpha House, Lawnswood Business Park, Redvers Close, Leeds, England, LS16 6QY
Status
Active
Employee Count
10
Turnover
£131,053,000
EBITDA
£4,156,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 October 2004
Nature of Business
52290 - Other transportation support activities
Industries
Travel And Transportation
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
45 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
13%
31-60 Days
74%
After 60 Days
13%
Not Paid Within Terms27%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-07-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202311 Jul 20234513%74%13%27%
01 Jul 2022 - 31 Dec 202207 Feb 20234713%70%17%27%
01 Jul 2021 - 31 Dec 202101 Feb 20224815%67%18%31%
01 Jul 2020 - 31 Dec 202029 Jan 20214513%70%17%39%
01 Jan 2020 - 30 Jun 202004 Aug 20204614%70%16%35%
01 Jul 2019 - 31 Dec 201928 Feb 20204512%72%16%36%
01 Jul 2018 - 31 Dec 201829 Jan 20194319%71%10%44%
01 Jan 2018 - 30 Jun 201831 Jul 20184423%64%13%35%

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

30 days end of month

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

Any payment queries should be sent to accounts@multisolgroup.com and should include the relevant invoice number(s)

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

MULTISOL EUROPE LIMITED is a leading provider of specialty chemicals and services for various industries, including personal care, pharmaceutical, and industrial. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

The company's sustainability program focuses on reducing carbon emissions, minimizing waste generation, and promoting responsible sourcing of raw materials. They have also implemented energy-efficient processes and encourage recycling and reuse of materials.

MULTISOL EUROPE LIMITED offers a wide range of products and services, including surfactants, emulsifiers, and preservatives for personal care products, as well as excipients and active ingredients for pharmaceutical applications. Their industrial division provides solutions for lubricants, coatings, and other industrial applications.

The key people at MULTISOL EUROPE LIMITED include the managing director, sales and marketing director, and technical director, who have extensive experience and expertise in the chemical industry.

For more information on their products and services, customers can visit the company's website at www.multisol.co.uk. The registered office address is 5-6 The Courtyard, East Park, Crawley, West Sussex, RH10 6AG, United Kingdom.

In summary, MULTISOL EUROPE LIMITED is a sustainable and innovative company that offers a wide range of specialty chemicals and services. With their commitment to sustainability and experienced team, they are a reliable partner for various industries.

Financial Metrics

Cash
£6,043,824
Net Worth
£14,911,410
Total Current Assets
£28,600,530
Total Current Liabilities
£13,689,120

Company Location