ULTIMATE PACKAGING LIMITED
Company Information
- Company Number
- 01625575
- Registered Address
- Pegasus Way, Europarc Grimsby, North East Lincolnshire, DN37 9TS
- Status
- Active
- Employee Count
- 251
- Turnover
- £56,853,000
- EBITDA
- £5,204,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 30 March 1982
- Nature of Business
- 22220 - Manufacture of plastic packing goods
- Industries
- Manufacturing
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Mar 2021 - 31 Aug 2021 | 27 Sept 2021 | 54 | 12% | 48% | 40% | 60% |
| 01 Sept 2020 - 28 Feb 2021 | 29 Mar 2021 | 54 | 13% | 45% | 42% | 62% |
| 01 Mar 2020 - 31 Aug 2020 | 16 Sept 2020 | 54 | 13% | 47% | 40% | 58% |
| 01 Sept 2019 - 29 Feb 2020 | 25 Mar 2020 | 54 | 14% | 45% | 41% | 67% |
| 01 Sept 2018 - 28 Feb 2019 | 26 Mar 2019 | 55 | 11% | 47% | 42% | 66% |
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
37 days from end of invoicing 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
70
Dispute Resolution Process
Each complaint is considered on its own merit with deliberation between the finance team, the supplier and the relevent ordering 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
Ultimate Packaging Limited is a UK-based packaging company that specializes in providing innovative and sustainable packaging solutions. Founded in 1981, the company is committed to reducing its environmental impact and promoting sustainability in the packaging industry.
The company's sustainability program includes the use of renewable and recyclable materials, implementing energy-efficient practices, and reducing waste through recycling and reusing materials. They also work closely with their suppliers to ensure sustainable sourcing and support local communities through various initiatives.
Ultimate Packaging Limited offers a wide range of packaging products and services, including flexible packaging, pre-made bags and pouches, and printed film. They also provide design and technical support to their clients, helping them create customized and eco-friendly packaging solutions.
The key people at Ultimate Packaging Limited include Simon Tonge, the Managing Director, who has over 30 years of experience in the packaging industry, and Paul Shipley, the Technical Director, who has expertise in sustainable packaging design.
The company's website (www.ultimatepackaging.co.uk) provides comprehensive information about their products, services, and sustainability efforts. Their registered office address is Ultimate Packaging Limited, Lancaster Way Business Park, Ely, Cambridgeshire, CB6 3NW, United Kingdom.
In summary, Ultimate Packaging Limited is a leading packaging company in the UK, known for its commitment to sustainability and providing high-quality, innovative packaging solutions. With a dedicated team and a focus on sustainable practices, they continue to be a trusted partner for businesses looking for eco-friendly packaging solutions.
