O-I GLASS LIMITED

PaymentCheck Score 2025
77Good
1.6vs last year
#1974 in UK
#118 in East of England

Company Information

Company Number
00526983
Registered Address
Head Office, Edinburgh Way, Harlow, Essex, CM20 2UG
Status
Active
Employee Count
654
Turnover
£201,953,000
EBITDA
£18,624,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 December 1953
Nature of Business
23130 - Manufacture of hollow glass
Industries
Coming Soon
Region
East of England

Time to Pay

Average Time to Pay
64 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
95%
31-60 Days
3%
After 60 Days
2%
Not Paid Within Terms10%

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: 2025-01-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202516 Jul 20256094%3%3%12%
01 Jul 2024 - 31 Dec 202413 Jan 20256495%3%2%10%
01 Jan 2024 - 30 Jun 202417 Jul 20246493%4%3%14%
01 Jul 2023 - 31 Dec 202317 Jan 20245892%3%5%13%
01 Jan 2023 - 30 Jun 202303 Jul 20235791%4%5%16%
01 Jul 2022 - 31 Dec 202206 Jan 20232192%4%4%15%
01 Jan 2022 - 30 Jun 202214 Jul 20225791%5%4%16%
01 Jul 2021 - 31 Dec 202104 Feb 20226096%2%2%9%
01 Jan 2021 - 30 Jun 202113 Jul 20216195%3%2%9%
01 Jul 2020 - 31 Dec 202005 Jan 20215894%3%3%11%
01 Jul 2018 - 31 Dec 201822 Jan 2019524%92%4%96%
01 Jan 2018 - 30 Jun 201819 Jul 2018557%32%61%95%

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

30 or 60 days depending on supply type

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

Any dispute is discussed and resolved by the procurement department

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

O-I Glass Limited, formerly known as Owens-Illinois, is a leading manufacturer of glass packaging products and solutions. The company has a strong focus on sustainability and a commitment to creating a positive impact on the environment.

Some of the key activities of O-I Glass Limited include designing, producing, and distributing glass bottles and jars for various industries such as food and beverage, pharmaceuticals, and cosmetics. They also offer customized packaging solutions and services to meet the specific needs of their customers.

The company has a dedicated sustainability program called "O-I: EXPRESSIONS" which aims to reduce the environmental footprint of their operations and products. This program includes initiatives such as using recycled glass in their production process, implementing energy-efficient measures, and promoting responsible waste management practices.

O-I Glass Limited has a team of experienced and skilled professionals leading the company, including Andres Lopez, the CEO, and John Haudrich, the Chief Financial Officer.

The company's registered office address is at O-I European Group B.V., Stationsplein 4-K, 6221 BT Maastricht, The Netherlands. Their website address is www.o-i.com, where customers can find more information about their products, sustainability efforts, and contact details. O-I Glass Limited is committed to providing high-quality glass packaging solutions while also prioritizing sustainability and making a positive impact on the environment.

Financial Metrics

Cash
£67,000
Net Worth
£153,158,000
Total Current Assets
£124,944,000
Total Current Liabilities
£60,765,000

Company Location