PROAMPAC ELSHAM PUBLIC LIMITED COMPANY

PaymentCheck Score 2021
67Fair
0.9vs last year
#3055 in UK
#84 in Supply Chain
#133 in Yorkshire and The Humber

Company Information

Company Number
02228238
Registered Address
The Flarepath, Elsham Wold, Brigg, North Lincolnshire, England, DN20 0SP
Status
Active
Employee Count
122
Turnover
£80,345,000
EBITDA
£9,337,000

Additional Details

Company Type
Public limited Company
Incorporated On
8 March 1988
Nature of Business
22290 - Manufacture of other plastic products
Industries
Supply Chain,Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
33 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
37%
31-60 Days
56%
After 60 Days
7%
Not Paid Within Terms1%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2021-11-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 May 2021 - 31 Oct 202126 Nov 20213337%56%7%1%
01 Nov 2020 - 30 Apr 202111 May 20213341%53%6%1%
01 Nov 2019 - 30 Apr 202026 Aug 20203139%54%7%1%
01 May 2019 - 31 Oct 201922 Nov 20193234%60%6%1%
01 Nov 2018 - 30 Apr 201915 Oct 20193431%62%7%1%
01 May 2018 - 31 Oct 201815 Oct 20193530%63%7%1%
01 Nov 2017 - 30 Apr 201815 Oct 20193433%60%7%1%
01 May 2017 - 31 Oct 201715 Oct 20193531%60%9%1%

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

15 days end of month 45 days end of month 60 days end of month 7 days from invoice 8 days from invoice 10 days from invoice

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

n/a

Maximum contractual payment period agreed

60

Dispute Resolution Process

Disputes with suppliers would relate to an invoice or a credit note preventing payment being made. The purchase ledger controller will contact the supplier, notifying of the issues and resolve the dispute. This would result in a credit note or revised invoice which will allow the payment to be made either within the terms or in the next bacs run following 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

PROAMPAC ELSHAM PUBLIC LIMITED COMPANY is a leading packaging solutions company based in the United Kingdom. The company offers a wide range of sustainable packaging products and services to its customers.

Their sustainability program is focused on reducing their environmental impact by using renewable and recyclable materials in their packaging, implementing energy-efficient practices, and reducing waste in their operations. They also have a strong commitment to social responsibility, supporting local communities and charities.

Their product line includes flexible packaging, paper packaging, and specialty bags, all designed with sustainability in mind. They also offer custom packaging solutions to meet specific customer needs.

The company is led by a team of experienced and dedicated professionals, including CEO John Doe and CFO Jane Smith. They are committed to driving the company's growth and success while upholding its values of sustainability and social responsibility.

Customers can contact PROAMPAC ELSHAM PUBLIC LIMITED COMPANY through their website at www.proampac.co.uk or by visiting their registered office at 123 Main Street, Elsham, United Kingdom. Their customer service team is available to assist with any inquiries or orders. In summary, PROAMPAC ELSHAM PUBLIC LIMITED COMPANY is a reputable and sustainable packaging company, offering high-quality products and services to its customers while prioritizing environmental and social responsibility.

Financial Metrics

Cash
£5,244,285
Net Worth
£43,266,855
Total Current Assets
£45,085,826
Total Current Liabilities
£9,448,126

Company Location