| 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 long-established manufacturing company based in Shipley, West Yorkshire, incorporated in 1949. It has traded under several names, including Press Caps Limited, CMB Engineering Group PLC and CarnaudMetalBox Engineering PLC, before adopting its current name. Its registered activity is the manufacture of machinery for food, beverage and tobacco processing. The company is a subsidiary within the Crown Packaging group, being majority owned by Crown Packaging Manufacturing UK Limited, itself connected to Crown Packaging UK Plc. As a group subsidiary, it operates as part of Crown's wider packaging and processing machinery manufacturing operations rather than as an independent trading business.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk