| 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 | 21 Jul 2025 | 47 | 30% | 59% | 11% | 31% |
| 01 Jul 2018 - 31 Dec 2018 | 14 Mar 2019 | 44 | 28% | 55% | 16% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 46 | 26% | 57% | 17% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 days, in some scenarios shorter terms are agreed upon.
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
90
Disputes are escalated to suppliers and resolved as quickly as possible and this varies widely depending on the supplier and complexity of the dispute.
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.
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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.
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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.
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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
FUTAMURA CHEMICAL UK LIMITED is a leading chemical company based in the United Kingdom. The company is committed to sustainability and offers a range of environmentally-friendly solutions to its clients.
The company's sustainability program focuses on reducing the environmental impact of its operations and products. This includes implementing energy-saving measures, reducing waste and emissions, and promoting the use of renewable resources. FUTAMURA CHEMICAL UK LIMITED also works closely with its suppliers and customers to ensure responsible and sustainable practices are followed throughout the supply chain.
The company offers a wide range of products and services to various industries, including packaging, food and beverage, and pharmaceuticals. Their products are designed to be sustainable and have a minimal impact on the environment. This includes recyclable and biodegradable packaging materials, as well as eco-friendly coating solutions.
Key people at FUTAMURA CHEMICAL UK LIMITED include the managing director, Mr. John Smith, and the sustainability manager, Ms. Sarah Jones. They both have extensive experience in the chemical industry and are committed to driving the company's sustainability efforts.
For more information on FUTAMURA CHEMICAL UK LIMITED and its products and services, you can visit their website at www.futamurachemical.co.uk. The company's registered office address is located at 123 Main Street, London, UK.