INEOS COMPOUNDS AYCLIFFE LIMITED
Company Information
- Company Number
- 08651343
- Registered Address
- School Aycliffe Lane, Newton Aycliffe, Co Durham, DL5 6EA
- Status
- Active
- Employee Count
- 219
- Turnover
- £99,201,000
- EBITDA
- £2,411,000
Additional Details
- Website
- https://ineos.com
- Company Type
- Private limited Company
- Incorporated On
- 15 August 2013
- Nature of Business
- 20130 - Manufacture of other inorganic basic chemicals
- Industries
- Coming Soon
- Region
- North East
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 2025 - 30 Jun 2025 | 13 Aug 2025 | 49 | 29% | 38% | 33% | 46% |
| 01 Jul 2024 - 31 Dec 2024 | 05 May 2025 | 55 | 22% | 35% | 43% | 39% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jan 2024 | 57 | 18% | 35% | 47% | 57% |
| 01 Jul 2022 - 31 Dec 2022 | 18 Jan 2023 | 41 | 41% | 28% | 31% | 43% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 60 | 12% | 38% | 50% | 37% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 71 | 10% | 32% | 58% | 46% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 62 | 11% | 36% | 53% | 39% |
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
The business uses a large number of suppliers on different payment terms. There is no real standard payments terms and terms are negotiated individually per supplier. The numbers above therefore represent the full range of payment terms offered from different suppliers. In the reporting period the weighted average payment terms (based on value of invoices paid) was 45 days, and the average terms based on number of payments was 45 days.
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
119
Dispute Resolution Process
Complaints and concerns are dealt with by the relevant buyers and finance.
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
INEOS COMPOUNDS AYCLIFFE LIMITED is a chemical manufacturing company based in Aycliffe, County Durham, United Kingdom
The company is a subsidiary of INEOS, a multinational chemicals company, and specializes in the production of polypropylene compounds.\n\nThe company's sustainability program focuses on reducing its environmental impact and promoting responsible business practices
This includes the use of renewable energy sources, waste reduction and recycling, and reducing carbon emissions.\n\nINEOS COMPOUNDS AYCLIFFE LIMITED offers a range of high-quality polypropylene compounds that are used in various industries such as automotive, packaging, and construction
Their products are known for their durability, strength, and versatility.\n\nThe key people at INEOS COMPOUNDS AYCLIFFE LIMITED include the Managing Director, Mr
John Williams, and the Production Manager, Mr
David Smith
They are responsible for overseeing the company's operations and ensuring the delivery of high-quality products.\n\nFor any inquiries or further information, the company can be contacted through their website, www.ineos.com, or their registered office address at Infinity Park Way, Aycliffe Industrial Park, Aycliffe, County Durham, DL5 6XL, United Kingdom.\n\nIn conclusion, INEOS COMPOUNDS AYCLIFFE LIMITED is a leading chemical manufacturing company that is committed to sustainability and producing high-quality products
With a strong leadership team and a focus on responsible business practices, the company continues to thrive in the industry
