SMURFIT KAPPA UK LTD
Company Information
- Company Number
- 01017013
- Registered Address
- Smurfit Kappa Uk Ltd, Cunard Buildings Water Street, Pier Head, Liverpool, L3 1SF
- Status
- Active
- Employee Count
- 3,828
- Turnover
- £1,009,067,000
- EBITDA
- £102,435,000
Additional Details
- Website
- https://smurfitkappa.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 8 July 1971
- Nature of Business
- 17211 - Manufacture of corrugated paper and paperboard, sacks and bags
- Industries
- Manufacturing
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for SMURFIT KAPPA UK LTD to pay invoices has fluctuated over the past three periods, with a decrease in the first period, an increase in the second period, and a slight decrease in the third period.
Volatility Analysis
The volatility in the % of invoices paid within 30 days has been relatively stable, with a slight decrease in the third period. However, there has been a significant increase in the % of invoices paid later than 60 days in the second period, followed by a decrease in the third period.
Summary Analysis
From the data provided, it can be seen that SMURFIT KAPPA UK LTD has shown a decrease in the average time taken to pay invoices in the first and third periods, with a slight increase in the second period. However, there has been a significant increase in the % of invoices paid later than 60 days in the second period, which has since decreased in the third period.
Performance Reports History
| 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 2022 - 30 Jun 2022 | 22 Sept 2022 | 59 | 9% | 50% | 41% | 28% |
| 01 Jul 2021 - 31 Dec 2021 | 22 Sept 2022 | 56 | 9% | 51% | 40% | 17% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Sept 2022 | 53 | 14% | 50% | 36% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 62 | 9% | 44% | 47% | 36% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 46 | 21% | 59% | 20% | 38% |
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
60 Days End of Month
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Dispute Resolution Process
All complaints / queries are coordinated through centralised Accounts Payable team. All suppliers have contact details for the Accounts Payable team alternatively they are published on the Internet page. In the event of disputed / delayed invoices, Accounts payable team will attempt to resolve promptly in the first instance otherwise will escalate to Shared Services Manager / Manufacturing site FC for resolution
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
SMURFIT KAPPA UK LTD is a leading provider of packaging solutions in the United Kingdom. The company is committed to sustainability and has a strong focus on reducing its environmental impact through its operations.
The company offers a wide range of products and services including corrugated packaging, paper-based packaging, and recycling services. They also provide innovative packaging solutions for various industries such as food and beverage, consumer goods, and industrial products.
SMURFIT KAPPA UK LTD has a dedicated sustainability program called the "Better Planet Packaging" initiative. This program aims to promote sustainable packaging solutions and reduce the use of single-use plastics. The company also uses renewable and recyclable materials in its packaging, further reducing its carbon footprint.
The key people at SMURFIT KAPPA UK LTD include CEO Tony Smurfit, and Managing Director of UK Packaging, Clive Bowers. The company has a team of experts who work towards creating sustainable and innovative packaging solutions for their clients.
For more information on their products, services, and sustainability efforts, interested individuals can visit their website at www.smurfitkappa.com/uk or contact them at their registered office address: Smurfit Kappa UK Ltd, 1-3 The Square, Stockley Park, Uxbridge UB11 1AD, United Kingdom.
In summary, SMURFIT KAPPA UK LTD is a leading packaging solutions provider in the UK with a strong focus on sustainability. Their commitment to reducing their environmental impact and providing innovative packaging solutions makes them a trusted partner for businesses looking for sustainable packaging options.
