| 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 | 13 Jan 2026 | 54 | 23% | 51% | 26% | 36% |
| 01 Jan 2025 - 30 Jun 2025 | 19 Aug 2025 | 52 | 20% | 52% | 28% | 45% |
| 01 Jul 2024 - 31 Dec 2024 | 13 Feb 2025 | 52 | 21% | 56% | 23% | 39% |
| 01 Jan 2024 - 30 Jun 2024 | 14 Aug 2024 | 50 | 21% | 55% | 24% | 45% |
| 01 Jul 2023 - 31 Dec 2023 | 12 Feb 2024 | 51 | 22% | 58% | 21% | 39% |
| 01 Jan 2023 - 30 Jun 2023 | 08 Aug 2023 | 52 | 18% | 57% | 25% | 59% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 54 | 19% | 49% | 32% | 66% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 60 | 22% | 51% | 27% | 37% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 54 | 22% | 53% | 25% | 36% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 49 | 20% | 55% | 26% | 45% |
| 01 Jan 2020 - 30 Jun 2020 | 13 Jul 2020 | 57 | 19% | 50% | 31% | 42% |
| 01 Aug 2019 - 31 Dec 2019 | 20 Jan 2020 | 51 | 17% | 52% | 31% | 36% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 42 | 18% | 51% | 31% | 32% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 66 | 16% | 46% | 38% | 42% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 61 | 12% | 51% | 37% | 51% |
This information is as reported by the business, and responses are in their own words.
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
This would be dealt with between the relevant member of the Procurement Team and their contact within the supplier.
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
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.
Their 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.
The 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.
Innovia 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.
The 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.
In 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.
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