INNOVIA FILMS LIMITED

Company Information

Company Number
00271998
Registered Address
Lowther R & D Centre, West Road, Wigton, Cumbria, England, CA7 9XX
Status
Active
Employee Count
502
Turnover
£168,666,000
EBITDA
£10,132,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 January 1933
Nature of Business
32990 - Other manufacturing not elsewhere classified
Industries
Supply Chain,Manufacturing And Commerce Models
Region
North West

Time to Pay

Average Time to Pay
52 days
Shortest Period:60 days
Longest Period:150 days
Max Contractual:150 days

Payment Timeline

Within 30 Days
20%
31-60 Days
52%
After 60 Days
28%
Not Paid Within Terms45%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-08-19
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202519 Aug 20255220%52%28%45%
01 Jul 2024 - 31 Dec 202413 Feb 20255221%56%23%39%
01 Jul 2023 - 31 Dec 202312 Feb 20245122%58%21%39%
01 Jan 2023 - 30 Jun 202308 Aug 20235218%57%25%59%
01 Jul 2022 - 31 Dec 202224 Jan 20235419%49%32%66%
01 Jul 2021 - 31 Dec 202121 Jan 20225422%53%25%36%
01 Jan 2019 - 30 Jun 201929 Jul 20194218%51%31%32%
01 Jul 2018 - 31 Dec 201824 Jan 20196616%46%38%42%
01 Jan 2018 - 30 Jun 201824 Jul 20186112%51%37%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

Innovia’s standard payment terms are 60 days, end of month. In exceptional cases, or where mutually agreed, then the payment terms may be shorter than this.

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

150

Dispute Resolution Process

This would be dealt with between the relevant member of the Procurement Team and their contact within the supplier.

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

Innovia Films Limited is a UK-based company that specializes in producing and supplying high-performance packaging materials

The company has a strong focus on sustainability and offers a range of eco-friendly products and services.\n\nTheir sustainability program, called 'Sustainability by Design', aims to reduce their environmental impact through various initiatives such as reducing energy consumption, using renewable energy sources, and minimizing waste and emissions

They also prioritize sustainable sourcing and work towards reducing the use of plastics in their products.\n\nThe company's product portfolio includes a variety of packaging films, including biaxially oriented polypropylene (BOPP) and cellulose-based films

These films are used in a wide range of industries, including food and beverage, personal care, and tobacco.\n\nInnovia Films Limited has a strong team of key people, including their Managing Director, David Beeby, and their Director of Sustainability, Andrew Jackson

They also have a dedicated customer service team that provides support and advice to their clients.\n\nThe company can be contacted through their website, which provides detailed information about their products, services, and sustainability efforts

Their registered office is located at Wigton, Cumbria, UK.\n\nIn summary, Innovia Films Limited is a leading packaging materials company in the UK with a strong commitment to sustainability

Their innovative products, dedicated team, and proactive sustainability program make them a reliable and responsible choice for businesses looking for eco-friendly packaging solutions

Financial Metrics

Cash
£7,416,000
Net Worth
£42,621,000
Total Current Assets
£54,876,000
Total Current Liabilities
£51,554,000

Company Location