EVIOSYS PROMOTIONAL PACKAGING UK LIMITED
Company Information
- Company Number
- 02398420
- Registered Address
- Downsview Road, Wantage, Oxfordshire, England, OX12 9BP
- Status
- Active
- Employee Count
- 272
- Turnover
- £19,897,000
- EBITDA
- £218,000
Additional Details
- Website
- https://crowncork.com
- Company Type
- Private limited Company
- Incorporated On
- 26 June 1989
- Nature of Business
- 25920 - Manufacture of light metal packaging
- Industries
- Manufacturing, Raw Materials And Intermediate Goods
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for EVIOSYS PROMOTIONAL PACKAGING UK LIMITED to pay invoices has fluctuated over the past three periods, with an overall increase of 22%. The percentage of invoices paid within 30 days has shown a slight decrease, while the percentage of invoices paid between 31 and 60 days has remained relatively consistent. The most significant change has been in the percentage of invoices paid later than 60 days, which has increased by 27%.
Volatility Analysis
The data for EVIOSYS PROMOTIONAL PACKAGING UK LIMITED shows a high level of volatility in terms of the time taken to pay invoices. The average time to pay has ranged from 48 to 78 days, with a difference of 30 days between the highest and lowest periods. The percentage of invoices paid within 30 days and between 31 and 60 days has also shown volatility, with changes of up to 7% and 9% respectively. The most volatile measure, however, is the percentage of invoices paid later than 60 days, with changes of up to 18%.
Summary Analysis
From 2018 to 2022, EVIOSYS PROMOTIONAL PACKAGING UK LIMITED has seen an increase in the average time taken to pay invoices by 22%. The company has also struggled with paying invoices within agreed terms, with the percentage of invoices paid later than 60 days increasing by 27%. The best period for the company in terms of prompt payment was in 2019, when 18% of invoices were paid within 30 days and only 24% were paid later than 60 days. The worst period was in 2022, with only 5% of invoices paid within 30 days and 58% paid later than 60 days.
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 | 01 Aug 2022 | 78 | 5% | 37% | 58% | 80% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 61 | 15% | 50% | 35% | 62% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 62 | 12% | 51% | 37% | 67% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 57 | 19% | 53% | 28% | 59% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 63 | 12% | 48% | 40% | 73% |
| 01 Jul 2019 - 31 Dec 2019 | 07 Feb 2020 | 48 | 18% | 58% | 24% | 51% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 62 | 15% | 51% | 34% | 63% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jan 2019 | 55 | 15% | 56% | 29% | 61% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 56 | 15% | 52% | 33% | 67% |
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
The standard payment terms are between 60 days and 120 days depending on the market segment.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
The majority of payments are made via a weekly BACS. Where agreements have been made with suppliers to pay on a specific day, this is honoured. The longest payment terms are negotiated through Supply Chain Finance.
Maximum contractual payment period agreed
165
Dispute Resolution Process
Disputes relating to payment of invoices will be resolved through communication between the Shared Service Centre, the local Sourcing team or factory and the supplier. Once disputes have been resolved, every effort is made to pay the invoice at the earliest opportunity if the payment due date has been passed.
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
EVIOSYS PROMOTIONAL PACKAGING UK LIMITED is a company that specializes in providing sustainable packaging solutions for promotional products. Their goal is to reduce the environmental impact of promotional packaging while still maintaining high-quality products.
Their sustainability program includes using recycled materials for their packaging, as well as implementing energy-efficient practices in their manufacturing process. They also offer eco-friendly options such as biodegradable and compostable packaging materials.
EVIOSYS PROMOTIONAL PACKAGING UK LIMITED offers a variety of products and services, including custom packaging design, sourcing of sustainable materials, and production and distribution of promotional packaging. They work closely with their clients to create unique and environmentally-friendly packaging solutions for their promotional needs.
The company is led by key people such as the managing director, who has over 20 years of experience in the packaging industry, and the operations manager, who has a background in sustainable packaging design.
EVIOSYS PROMOTIONAL PACKAGING UK LIMITED can be contacted through their website, which provides information on their products and services, as well as a contact form for inquiries. Their registered office address is located in London, United Kingdom.
In conclusion, EVIOSYS PROMOTIONAL PACKAGING UK LIMITED is a sustainable packaging company that offers high-quality and eco-friendly solutions for promotional products. Their commitment to sustainability, experienced team, and range of services make them a top choice for businesses looking to reduce their environmental impact.
