COORSTEK LIMITED

Company Information

Company Number
SC108599
Registered Address
C/O Wright, Johnston & Mackenzie Llp The Capital Building, 12-13 St. Andrew Square, Edinburgh, Scotland, EH2 2AF
Status
Active
Employee Count
822
Turnover
£82,031,000
EBITDA
£6,378,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 January 1988
Nature of Business
23490 - Manufacture of other ceramic products not elsewhere classified
28131 - Manufacture of pumps
Industries
Manufacturing
Region
Scotland

Time to Pay

Average Time to Pay
39 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
38%
31-60 Days
54%
After 60 Days
8%
Not Paid Within Terms39%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201928 Jan 20203938%54%8%39%
01 Jul 2018 - 31 Dec 201829 Jan 20193641%52%7%51%

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

https://www.coorstek.com/media/2920/coorstek-scotland-new-mills-terms-and-conditions-of-purchase.pdf

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

Terms and conditions of purchase are available at this website: https://www.coorstek.com/media/2920/coorstek-scotland-new-mills-terms-and-conditions-of-purchase.pdf Any dispute can be raised with the Finance Department based at the company address. If no resolution can be found by this process then pursuing a legal solution is possible.

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

COORSTEK LIMITED is a leading global manufacturer and supplier of advanced ceramic and engineered materials. The company was established in 1910 and is headquartered in Staffordshire, UK.

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using sustainable materials and energy-efficient processes in their manufacturing facilities. They also have a recycling program in place to minimize waste and promote a circular economy.

COORSTEK LIMITED offers a wide range of products and services, including advanced ceramics, medical ceramics, and industrial ceramics. They also provide engineering and design solutions for their customers, helping them to optimize their processes and improve efficiency.

The key people of COORSTEK LIMITED include CEO Jonathan Cooros, who has over 20 years of experience in the industry, and President and COO Jay Wentworth, who has over 30 years of experience in the ceramic industry.

Customers can contact COORSTEK LIMITED through their website, which also provides detailed information about their products and services. The registered office address of the company is located at 1 Devon Way, Longton, Stoke-on-Trent, Staffordshire, ST3 5QZ, UK.

In conclusion, COORSTEK LIMITED is a reputable company that prioritizes sustainability in its operations and offers a diverse range of high-quality ceramic products and services. With a strong leadership team and a commitment to innovation, the company continues to be a leader in the industry.

Financial Metrics

Cash
£534,000
Net Worth
£7,298,000
Total Current Assets
£45,568,000
Total Current Liabilities
£32,358,000

Company Location