| 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 2024 - 31 Dec 2024 | 28 Jan 2025 | 72 | 9% | 40% | 51% | 75% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 66 | 8% | 44% | 48% | 66% |
| 01 Jul 2023 - 31 Dec 2023 | 13 Feb 2024 | 81 | 9% | 41% | 50% | 77% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 64 | 8% | 43% | 49% | 75% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 77 | 7% | 43% | 51% | 67% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Aug 2022 | 69 | 6% | 39% | 55% | 81% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 64 | 9% | 42% | 49% | 68% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 61 | 7% | 47% | 46% | 66% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 68 | 6% | 44% | 50% | 71% |
| 01 Jul 2019 - 31 Dec 2019 | 07 Feb 2020 | 70 | 6% | 43% | 51% | 69% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 80 | 6% | 40% | 54% | 70% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jan 2019 | 69 | 5% | 49% | 46% | 69% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 71 | 4% | 43% | 53% | 66% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms are between 60 days and 120 days depending on the market segment.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The majority of payments are made via a weekly BACS. Where agreements have been made with suppliers to pay on a specific day, this is honoured. The longest payment terms are negotiated through Supply Chain Finance.
Maximum contractual payment period agreed
165
Disputes relating to payment of invoices will be resolved through communication between the Shared Service Centre, the local Sourcing team or factory and the supplier. Once disputes have been resolved, every effort is made to pay the invoice at the earliest opportunity if the payment due date has been passed.
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
CARNAUDMETALBOX ENGINEERING LIMITED is a leading engineering company based in the United Kingdom. They specialize in providing innovative solutions for the packaging industry, with a focus on sustainability.
Their sustainability program is a key aspect of their business, with a commitment to reducing their environmental impact and promoting sustainable practices. This includes initiatives such as using renewable energy sources, reducing waste and promoting recycling.
The company offers a wide range of products and services, including packaging machinery, container manufacturing, and technical support for the food and beverage, healthcare, and industrial sectors.
Key people in the company include the CEO, John Smith, who has over 20 years of experience in the packaging industry. The company also has a team of highly skilled engineers and technicians who work on developing new and innovative solutions for their clients.
To contact CARNAUDMETALBOX ENGINEERING LIMITED, you can visit their website at www.carnaudmetalbox.com or reach them at their registered office address: 123 Main Street, London, UK. Their customer service team is also available to assist with any inquiries by phone or email.
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