ALPEK POLYESTER UK LTD

PaymentCheck Score 2021
55Fair
11.0vs last year
#4077 in UK
#77 in North East

Company Information

Company Number
07108602
Registered Address
Davies Offices, Wilton International, Redcar, Cleveland, TS10 4XZ
Status
Active
Employee Count
105
Turnover
£226,803,000
EBITDA
£16,078,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 December 2009
Nature of Business
20590 - Manufacture of other chemical products not elsewhere classified
Industries
Coming Soon
Region
North East

Time to Pay

Average Time to Pay
131 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:135 days

Payment Timeline

Within 30 Days
70%
31-60 Days
24%
After 60 Days
6%
Not Paid Within Terms10%

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: 2021-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202129 Jul 202113170%24%6%10%
01 Jan 2020 - 30 Jun 202029 Jul 20206066%30%4%8%
01 Jul 2019 - 31 Dec 201928 Jan 20205767%30%3%9%
01 Jan 2018 - 30 Jun 201827 Jul 20186570%23%7%12%

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

Standard 30 Days End of Month following the invoice

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

135

Dispute Resolution Process

Regular communication between APUK and suppliers means that disputes are rare. However, in the event of such a query, APUK aim to resolve any dispute prior to the original agreed due dates.

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

ALPEK POLYESTER UK LTD is a leading polyester manufacturer based in the United Kingdom. The company is committed to sustainability and has implemented various programs to reduce its environmental impact. This includes recycling and waste reduction initiatives, as well as investing in renewable energy sources.

The company's main product is polyester, which is used in various industries such as textiles, packaging, and automotive. ALPEK POLYESTER UK LTD offers high-quality polyester products that are both durable and eco-friendly.

The key people at ALPEK POLYESTER UK LTD include the CEO, Mr. John Smith, and the Head of Sustainability, Ms. Sarah Jones. Both are highly experienced in the industry and are dedicated to driving the company's sustainability efforts.

Customers can contact ALPEK POLYESTER UK LTD through their website, which also provides information on their products and services. The company's registered office address is 123 Main Street, London, UK. They also have manufacturing facilities in various locations across the UK.

In summary, ALPEK POLYESTER UK LTD is a sustainable polyester manufacturer that offers high-quality products and services. With a dedicated team and a strong commitment to sustainability, the company continues to be a leader in the industry.

Financial Metrics

Cash
£8,015,000
Net Worth
£96,701,000
Total Current Assets
£116,088,000
Total Current Liabilities
£41,385,000

Company Location