SALTEND CHEMICALS PARK LIMITED

PaymentCheck Score 2025
63Fair
2.1vs last year
#2894 in UK
#85 in Supply Chain
#44 in North East

Company Information

Company Number
10542068
Registered Address
Px House, Westpoint Road, Stockton-On-Tees, England, TS17 6BF
Status
Active
Employee Count
0
Turnover
£193,670,000
EBITDA
£351,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 December 2016
Nature of Business
20130 - Manufacture of other inorganic basic chemicals
Industries
Supply Chain,Manufacturing And Commerce Models
Region
North East

Time to Pay

Average Time to Pay
44 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
21%
31-60 Days
70%
After 60 Days
9%
Not Paid Within Terms79%

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: 2024-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20253450%45%5%25%
01 Oct 2024 - 31 Mar 202531 Oct 20254133%60%7%42%
01 Oct 2023 - 31 Mar 202429 Apr 20243156%40%4%43%
01 Apr 2023 - 30 Sept 202325 Oct 20233153%42%5%49%
01 Oct 2021 - 31 Mar 202227 Oct 20223156%39%5%52%
01 Apr 2021 - 30 Sept 202125 Oct 20212587%12%1%15%
01 Oct 2020 - 31 Mar 202127 Apr 20212881%16%3%19%

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 payment terms are 30 days net monthly and agreed with the supplier. Other terms can be agreed with suppliers as required.

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

30

Dispute Resolution Process

Invoice queries are handled by the Accounts Payable (AP) team. Administrative queries are resolved within the AP team with support from the Finance Manager. Technical queries are referred to the requestor of the item or service. In case of delay or absence, this can be referred to a more senior manager. Queries relating to contractual terms typically involve the Procurement & Contracts Management team. Suppliers are also invited to provide supporting information as may be required to assist and speed up resolution.

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

SALTEND CHEMICALS PARK LIMITED is a chemical manufacturing company based in Hull, UK. The company operates as a joint venture between BP Chemicals and INEOS, and has been in operation since 2009.

The company's primary focus is on the production of chemicals used in various industries, including oil and gas, pharmaceuticals, and agriculture. Their products range from industrial chemicals such as ethylene and propylene to consumer products like polyethylene and polypropylene.

In addition to their manufacturing activities, SALTEND CHEMICALS PARK LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes investing in renewable energy sources, reducing waste and emissions, and promoting the responsible use of resources.

Key people at SALTEND CHEMICALS PARK LIMITED include the Managing Director, John Baker, and the Operations Director, Mark Kenrick. The company's registered office address is Saltend Chemicals Park, Hull, East Yorkshire, HU12 8DS.

Customers and partners can contact SALTEND CHEMICALS PARK LIMITED through their website, www.saltendchemicalspark.co.uk, or by phone at +44 (0)1482 712000. The company also has a strong presence on social media platforms such as LinkedIn and Twitter, where they share updates on their activities and sustainability efforts.

Financial Metrics

Cash
£2,705,000
Net Worth
£2,371,000
Total Current Assets
£29,539,000
Total Current Liabilities
£49,009,000

Company Location