ARJO WIGGINS FINE PAPERS LIMITED

Company Information

Company Number
00961440
Registered Address
2nd Floor 110 Cannon Street, London, EC4N 6EU
Status
In Administration
Employee Count
513
Turnover
£123,580,000
EBITDA
£4,215,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 September 1969
Nature of Business
17120 - Manufacture of paper and paperboard
Industries
Manufacturing
Region
London

Time to Pay

Average Time to Pay
30 days
Shortest Period:64 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
59%
31-60 Days
28%
After 60 Days
13%
Not Paid Within Terms70%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201930 Jul 20193059%28%13%70%
01 Jul 2018 - 31 Dec 201829 Jan 2019757%17%76%91%
01 Jan 2018 - 30 Jun 201824 Jul 20186610%26%64%90%

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

Standard : 64 days from end of month; Maximum : 90 days end of month the 10th of the following month

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

90

Dispute Resolution Process

The Company is in Administration. Geoff Paul Rowley, Thomas Campbell MacLennan and Alexander Iain Fraser of FRP Advisory LLP were appointed as Joint Administrators of the Company on 14 January 2019. The affairs, business and property of the Company are being managed by the Joint Administrators, who act as agents of the Company and without personal liability.

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

ARJO WIGGINS FINE PAPERS LIMITED is a leading supplier of high-quality paper products with a strong focus on sustainability. The company has a long history dating back to 1761 and has since then established itself as a prominent player in the paper industry.

The company offers a wide range of paper and packaging solutions for various industries such as publishing, printing, and packaging. Their products include coated and uncoated fine papers, recycled papers, and specialist papers. These products are known for their exceptional quality and sustainability.

In line with their commitment to sustainability, ARJO WIGGINS FINE PAPERS LIMITED has implemented a number of initiatives to reduce their carbon footprint and promote responsible sourcing of materials. They have also invested in renewable energy sources and have achieved multiple certifications for their sustainable practices.

The key people behind the success of ARJO WIGGINS FINE PAPERS LIMITED include their CEO, Jonathan Mitchell, and their Chairman, Colin Day. They lead a team of dedicated professionals who strive to provide customers with the best products and services.

To get in touch with ARJO WIGGINS FINE PAPERS LIMITED, their website address is www.arjowiggins.com. Their registered office address is located at The Stables, Westmead House, Farnborough, Hampshire, GU14 7LP.

In conclusion, ARJO WIGGINS FINE PAPERS LIMITED is a leading paper supplier with a strong focus on sustainability. Their high-quality products, commitment to responsible sourcing, and dedicated team make them a reliable and environmentally conscious choice for businesses in need of paper and packaging solutions.

Financial Metrics

Cash
£546,000
Net Worth
£13,906,000
Total Current Assets
£47,009,000
Total Current Liabilities
£43,844,000

Company Location