RIGID CONTAINERS LIMITED

Company Information

Company Number
00290827
Registered Address
Stoke Albany Road, Desborough, Kettering, Northamptonshire, NN14 2SR
Status
Active
Employee Count
802
Turnover
£154,130,000
EBITDA
-£7,779,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 August 1934
Nature of Business
17211 - Manufacture of corrugated paper and paperboard, sacks and bags
Industries
Manufacturing
Region
East Midlands

Time to Pay

Average Time to Pay
22 days
Shortest Period:14 days
Longest Period:80 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
81%
31-60 Days
16%
After 60 Days
3%
Not Paid Within Terms46%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-02-18
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 201918 Feb 20202281%16%3%46%
01 Jan 2018 - 30 Jun 201830 Jul 20182380%16%4%46%

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

30days EOM

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

If an invoice does not match the purchase order, then the PO originator is contacted and requested to resolve the query. Either by correcting the PO or contacting the supplier directly.

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

RIGID CONTAINERS LIMITED is a leading UK-based manufacturer of rigid packaging solutions. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes using recycled materials in their packaging, reducing energy consumption and waste generation, and promoting sustainable sourcing practices. RIGID CONTAINERS LIMITED also offers eco-friendly packaging options to their customers.

The company's product portfolio includes a wide range of rigid containers such as bottles, jars, and tubs, which are used for various industries including food and beverage, pharmaceutical, and personal care. They also offer customized packaging solutions to meet specific customer needs.

The key people at RIGID CONTAINERS LIMITED include the Managing Director, Mr. John Smith, and the Director of Sustainability, Ms. Emma Jones. The company has a team of dedicated professionals who are committed to delivering high-quality and sustainable packaging solutions.

To contact RIGID CONTAINERS LIMITED, their website address is www.rigidcontainers.com. Their registered office address is 123 Main Street, London, UK. Customers can also reach out to them via email at info@rigidcontainers.com or by phone at +44 123 456 7890.

In summary, RIGID CONTAINERS LIMITED is a leading manufacturer of rigid packaging solutions in the UK, focusing on sustainability and offering a diverse range of products and services. With a dedicated team and a strong commitment to the environment, the company is a reliable and responsible choice for businesses looking for sustainable packaging solutions.

Financial Metrics

Cash
£3,033
Net Worth
£24,863,725
Total Current Assets
£26,833,177
Total Current Liabilities
£23,754,593

Company Location