KRONES UK LIMITED

PaymentCheck Score 2023
56Fair
2.1vs last year
#3837 in UK
#289 in North West

Company Information

Company Number
00521832
Registered Address
Westregen House,Great Bank Road, Wingates Industrial Park, West Houghton, Bolton, BL5 3XB
Status
Active
Employee Count
129
Turnover
£57,280,000
EBITDA
£6,621,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 July 1953
Nature of Business
28930 - Manufacture of machinery for food, beverage and tobacco processing
Industries
Coming Soon
Region
North West

Time to Pay

Average Time to Pay
18 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
81%
31-60 Days
18%
After 60 Days
1%
Not Paid Within Terms27%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202330 Jan 20243647%37%16%77%
01 Jan 2023 - 30 Jun 202327 Jul 20233156%34%10%72%
01 Jul 2022 - 31 Jul 202206 Feb 20233347%44%8%75%
01 Jan 2022 - 30 Jun 202202 Aug 20223544%46%10%76%
01 Jul 2020 - 31 Dec 202012 Feb 20212274%23%3%25%
01 Jan 2019 - 30 Jun 201905 Jul 20191980%19%1%22%
01 Jul 2018 - 31 Dec 201811 Mar 20192373%25%2%26%
01 Jan 2018 - 30 Jun 201820 Jul 20181979%19%2%23%

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

Before 30th of next month due net. It is the Group's policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The Company normally settles trade payables on 30 day terms, however variations to these terms do exist based on agreements with certain suppliers

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

30

Dispute Resolution Process

Raise the issue with the supplier (person responsible for the purchase) Pay the invoice when the issue is resolved; or Process the credit note when the issue is resolved

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

KRONES UK LIMITED is a leading provider of packaging and bottling solutions based in Wiltshire, England. The company offers a wide range of innovative products and services to meet the needs of its customers in the UK and beyond.

As part of its commitment to sustainability, KRONES UK LIMITED has implemented various initiatives to reduce its environmental impact. These include using energy-efficient technology in its manufacturing processes, promoting recycling and waste reduction, and sourcing materials from sustainable suppliers.

The company's product portfolio includes state-of-the-art filling and packaging machines, as well as control and inspection systems, designed to help businesses increase efficiency and reduce costs. They also offer a comprehensive range of after-sales services to ensure their customers' equipment operates at peak performance.

The key people at KRONES UK LIMITED include Managing Director, Steve Guy, and Sales Director, Nick Brown. Both have extensive experience in the packaging industry and are dedicated to driving the company's success.

For more information on KRONES UK LIMITED and its products and services, you can visit their website at www.krones.com/uk/en/. The registered office address is KRONES UK LIMITED, Unit 4A, Woolley Grange, Woolley Green, Bradford on Avon, Wiltshire, BA15 1TX, United Kingdom.

Financial Metrics

Cash
£2,522,000
Net Worth
£18,896,000
Total Current Assets
£35,487,000
Total Current Liabilities
£20,870,000

Company Location