Industry ranking
Score of 86.5/100 qualifies for PaymentCheck Certification
| 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 Jul 2025 - 31 Dec 2025 | 26 Jan 2026 | 27 | 83% | 3% | 14% | 0% |
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 28 | 82% | 2% | 16% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 24 | 86% | 3% | 11% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 27 | 83% | 2% | 15% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 28 | 82% | 2% | 16% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 31 | 76% | 3% | 21% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 31 | 74% | 5% | 21% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 29 | 80% | 2% | 18% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 30 | 79% | 2% | 19% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 27 | 82% | 2% | 16% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 34 | 74% | 2% | 24% | 3% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 27 | 82% | 2% | 16% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 11 Jul 2019 | 28 | 80% | 2% | 18% | 3% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 27 | 81% | 3% | 16% | 4% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 26 | 82% | 2% | 16% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Shin-Etsu Handotai Europe Limited (SEHE) is the main trading entity of Shin-Etsu Chemical Co., Ltd in the UK. SEHE will pay for third party goods/services within 7, 14, 30, 60 or 90 days, depending on the Supplier contractual terms, of a correct, undisputed and properly due VAT invoice, unless otherwise agreed in writing by a duly authorised representative. Invoices must generally state: the relevant purchase order number; the contact details of the SEHE point of contact; the period to which the invoice relates; the Supplier's bank account for payment; all charges and applicable taxes, and a description of the goods/services purchased/supplied. SEHE may set off amounts owing to it by the Supplier, and if SEHE has a bona fide dispute relating to all or some of the Supplier's invoices, SEHE may withhold payment of the amount, subject to resolution of the dispute.
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
With respect to contracts with Suppliers, the general position is that the relevant manager authorises the payment for goods/services received. On receipt of the authorised invoice, and successfully matching to the goods/services receipts, the Accounts Department pays the Supplier. When an invoice is in dispute, it will be placed on hold until resolution with the Supplier before payment is made. The Accounts Department seek to deal with any disputes promptly (involving any other relevant parties as required) in accordance with the terms of the contract.
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
Shin-Etsu Handotai Europe Ltd manufactures polished and epitaxial silicon wafers, in 150mm and 200mm formats, for the semiconductor market at its facility in Livingston, Scotland. It also acts as the sales base for silicon wafer products of the wider Shin-Etsu Handotai Group across northern Europe, with related sales offices in France and Germany covering southern, central and eastern Europe. The company is registered in Scotland, based at Livingston, West Lothian, and has been incorporated since 1984. Its core activity is the production and supply of silicon wafers used as base materials in semiconductor manufacturing, supporting customers across the European electronics and chip-making industry.
Generated from the company's website and Companies House records. Sources: sehe.com