UPM-KYMMENE (UK) LIMITED
Company Information
- Company Number
- SC102969
- Registered Address
- 1 Meadowhead Road, Irvine, Ayrshire, KA11 5AT
- Status
- Active
- Employee Count
- 307
- Turnover
- £132,037,000
- EBITDA
- £2,403,000
Additional Details
- Website
- https://upmpaper.com
- Company Type
- Private limited Company
- Incorporated On
- 30 January 1987
- Nature of Business
- 17120 - Manufacture of paper and paperboard
- Industries
- Manufacturing
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jul 2024 - 31 Dec 2024 | 08 Jan 2025 | 42 | 30% | 67% | 3% | 53% |
| 01 Jan 2024 - 30 Jun 2024 | 08 Jan 2025 | 41 | 30% | 66% | 4% | 57% |
| 30 Jun 2023 - 31 Dec 2023 | 08 Jan 2025 | 41 | 30% | 67% | 3% | 53% |
| 01 Jan 2023 - 31 Jul 2023 | 08 Nov 2023 | 42 | 33% | 64% | 3% | 57% |
| 01 Jul 2022 - 31 Dec 2022 | 08 Nov 2023 | 41 | 30% | 67% | 3% | 56% |
| 01 Jan 2022 - 30 Jun 2022 | 08 Nov 2023 | 43 | 35% | 61% | 4% | 29% |
| 01 Jul 2021 - 31 Dec 2021 | 08 Nov 2023 | 40 | 32% | 63% | 5% | 26% |
| 01 Jan 2021 - 30 Jun 2021 | 01 Jul 2021 | 41 | 39% | 57% | 4% | 29% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Jan 2021 | 41 | 37% | 61% | 2% | 27% |
| 01 Jan 2019 - 30 Jun 2019 | 02 Jul 2019 | 40 | 38% | 59% | 3% | 28% |
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
UPM-Kymmene (UK) Ltd has various payment terms with suppliers, the most frequently used are 30, 45 or 60 days net. We have a wide range of commercially negotiated contracts with payment terms varying from 14 days to 60 days. The UPM supplier base ranges from smaller local suppliers, local authorities and other public service providers to large global organisations. Payments cover supplies and services such as raw materials, contract labour, direct materials and spare parts, capital contracts, utilities, etc.
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
60
Dispute Resolution Process
Dispute resolution will follow a previously agreed process for arbitration assuming the matter cannot be resolved internally. This would be documented in the specific contract and all contracts will include clear UPM contact persons.
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
UPM-Kymmene (UK) Limited is a subsidiary of UPM-Kymmene Corporation, a leading global company in the forest and paper industry. The UK branch, based in Northampton, offers a wide range of sustainable products and services to its customers.
The company's sustainability program is at the core of its operations, with a commitment to responsible and sustainable forestry practices. UPM-Kymmene (UK) Limited is certified by the Forest Stewardship Council (FSC), ensuring that all its products come from responsibly managed forests. The company also promotes circular economy principles, aiming to minimize waste and promote the reuse and recycling of materials.
UPM-Kymmene (UK) Limited offers a variety of products, including paper, packaging materials, and wood products. Their paper products range from magazine and newsprint paper to specialty papers for various applications. Their packaging materials include corrugated boxes and other sustainable packaging solutions. The company's wood products division offers a wide range of high-quality timber products, including sawn timber, decking, and fencing.
The key people at UPM-Kymmene (UK) Limited include the managing director, sales and marketing director, and production managers. The company also has a dedicated team for sustainability and environmental management.
For more information on their products and services, customers can visit the company's website at https://www.upm.com/uk. The registered office address for UPM-Kymmene (UK) Limited is at Suite 2106, 6th Floor, Exchange Tower, 1 Harbour Exchange Square, London, E14 9GE.
