| 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 Jul 2021 - 31 Dec 2021 | 31 Mar 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 05 Mar 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 01 Aug 2019 | 64 | 2% | 34% | 64% | 5% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 63 | 6% | 34% | 60% | 6% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
On average 60 days following date of invoice
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
77
Complaints or concerns should be raised with the Accounts payable team in Coventry, for which all suppliers have contact details. The Accounts payable team will escalate to the Finance team who will investigate and resolve the matter.
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Macfarlane Group UK Limited trades as Macfarlane Packaging, described on its own site as the UK and Ireland's largest packaging supplier. It designs and distributes protective packaging products, including cardboard boxes, tape, bubble wrap, postal packaging and pallet wrap, to businesses across the UK, Ireland and Europe. The company sources materials from a wide supplier network and manufacturers, operates its own in-house specialist manufacturing team, and runs regional distribution centres offering packaging design, stock management, vendor managed inventory and sourcing advice. It serves over 20,000 customers with a large branch network and fleet. Registered in Coventry, its listed business activity is packaging activities.
Generated from the company's website and Companies House records. Sources: allpointpackaging.co.uk · allpointpackaging.co.uk