| 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 2019 - 30 Jun 2019 | 15 Jul 2019 | 49 | 14% | 45% | 41% | 90% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 50 | 15% | 42% | 43% | 90% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment will be made by the Company in accordance with the terms set out or referred to in the Order or (in absence of any such terms) 60 days following completion of performance under the contract
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
All disputes / queries, via telephone or email, are dealt with promptly by our Accounts Payable Supervisor
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
Huhtamaki (UK) Limited is a manufacturing entity based in Gosport, Hampshire, and forms part of the global Huhtamaki group, a Nordic-origin packaging manufacturer operating in 35 countries. Its registered activities cover the manufacture of paper and paperboard containers and plastic packaging goods, consistent with the group's focus on food packaging for both on-the-shelf and on-the-go consumption. The wider Huhtamaki group, listed on Nasdaq Helsinki, describes itself as a global specialist in food packaging supplies and materials, employing around 17,400 people worldwide. This UK company represents the group's local manufacturing presence, producing packaging materials rather than food products themselves.
Generated from the company's website and Companies House records. Sources: huhtamaki.com