SONOCO LIMITED
Company Information
- Company Number
- 00082196
- Registered Address
- C/O Sonoco Cores & Paper Ltd Stainland Board Mills, Holywell Green, Halifax, England, HX4 9PY
- Status
- Active
- Employee Count
- 508
- Turnover
- £67,764,000
- EBITDA
- £6,991,000
Additional Details
- Website
- https://sonoco.com
- Company Type
- Private limited Company
- Incorporated On
- 4 October 1904
- Nature of Business
- 17120 - Manufacture of paper and paperboard
- Industries
- Manufacturing
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
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 Jan 2018 - 30 Jun 2018 | 12 Nov 2018 | 57 | 31% | 37% | 32% | 95% |
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
EOM + 60 days
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
Dispute Resolution Process
see last filed report.
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.
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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
Company Summary
SONOCO LIMITED is a multinational company based in the United Kingdom that specializes in sustainable packaging solutions. The company was founded in 1899 and has since expanded its operations to over 33 countries, serving customers in various industries such as food and beverage, healthcare, and consumer goods.
The company's sustainability program, called "Better Packaging, Better Planet 2025," is focused on reducing its environmental impact through initiatives such as reducing greenhouse gas emissions, increasing the use of renewable energy, and promoting sustainable sourcing and recycling practices. SONOCO also works closely with its customers to develop sustainable packaging solutions that use biodegradable and recyclable materials.
Some of SONOCO's products and services include paperboard and plastic packaging, flexible packaging, and packaging machinery and equipment. The company also offers supply chain and logistics services to help its customers optimize their packaging processes.
The key people at SONOCO LIMITED include Robert Tiede, the President and CEO, and Rodger Fuller, the Executive Vice President and Chief Financial Officer. The company has a dedicated team of sustainability experts who work towards achieving its sustainability goals.
To learn more about SONOCO LIMITED and its products and services, customers can visit the company's website at www.sonoco.com. The registered office address for SONOCO LIMITED is One South Second Street, Hartsville, South Carolina, 29550, USA.
