Industry ranking
| 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 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 46 | 44% | 18% | 39% | 52% |
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | 59 | 25% | 21% | 54% | 59% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Jan 2020 | 54 | 29% | 26% | 45% | 56% |
| 01 Jan 2019 - 30 Jun 2019 | 15 Jul 2019 | 47 | 39% | 25% | 36% | 50% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 56 | 30% | 25% | 45% | 62% |
| 01 Jan 2018 - 01 Jun 2018 | 30 Jul 2018 | 55 | 33% | 21% | 47% | 57% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
There are seven standard payment terms commonly used; 21 days invoice date of invoice less 3% discount; 30 days invoice date of invoice less 2% discount; 30 days end of month; 60 days from date of invoice; 60 days end of month; 95 days end of month; 120 days
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
120
In the event of a dispute between Graphic Packaging International and the supplier a complaint can be raised directly with the accounts payable department. This department will send the complaint to the invoice approver within Graphic Packaging International for follow up with the supplier. The Graphic Packaging International invoice approver and supplier must reach an agreement within a reasonable period of time on how to resolve the query. This definition of a reasonable period of time will be defined by all the parties involved.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Graphic Packaging International Bardon Limited is a UK registered company previously known as The Benson Box Company Limited, renamed in 2015. Its registered activity is the manufacture of other paper and paperboard containers. It is registered in London and forms part of the Graphic Packaging International group, an international packaging manufacturer, with the entity representing the group's UK operations focused on paperboard container production rather than any group-wide trading activity. The company has been incorporated since 1955 and remains active, with its registered office administered by a corporate services provider.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk