TRIVIUM PACKAGING UK LIMITED
Company Information
- Company Number
- 02553094
- Registered Address
- Trivium Packaging Uk Ltd, Coxmoor Road, Sutton-In-Ashfield, Nottinghamshire, England, NG17 5LA
- Status
- Active
- Employee Count
- 269
- Turnover
- £101,995,000
- EBITDA
- £11,688,000
Additional Details
- Website
- https://metalpackager.com/
- Company Type
- Private limited Company
- Incorporated On
- 29 October 1990
- Nature of Business
- 25920 - Manufacture of light metal packaging
- Industries
- Manufacturing, Raw Materials And Intermediate Goods
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows that TRIVIUM PACKAGING UK LIMITED has been consistently paying invoices later than 60 days, with the percentage ranging from 63% to 75% over the past three years. There was a slight improvement in the first half of 2020, with only 69% of invoices being paid later than 60 days. However, this improvement was not sustained in the second half of 2020 and the percentage rose back up to 72%. Overall, there has been a slight decrease in the average time to pay over the past three years, from 81 days in 2018 to 77 days in 2023.
Volatility Analysis
The data shows that there have been some fluctuations in the percentage of invoices paid within 30 days and between 31 and 60 days, with the percentages ranging from 4% to 8% and 22% to 29%, respectively. However, the percentage of invoices paid later than 60 days has remained consistently high, with only a slight decrease from 71% in 2018 to 72% in 2023. This suggests that TRIVIUM PACKAGING UK LIMITED has not been able to improve their payment process and consistently pays invoices later than 60 days.
Summary Analysis
From 2018 to 2023, TRIVIUM PACKAGING UK LIMITED has shown a slight decrease in the average time to pay invoices, from 81 days to 77 days. However, the percentage of invoices paid later than 60 days has remained consistently high, ranging from 63% to 75%. The company has also consistently paid a low percentage of invoices within 30 days, ranging from 4% to 8%. In terms of volatility, there have been some fluctuations in the percentages of invoices paid within 30 days and between 31 and 60 days, but the percentage of invoices paid later than 60 days has remained consistently high.
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 2025 - 31 Jul 2025 | 30 Jul 2025 | 75 | 6% | 24% | 70% | 22% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 88 | 6% | 23% | 71% | 25% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 75 | 4% | 21% | 75% | 25% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 77 | 5% | 23% | 72% | 29% |
| 01 Jan 2023 - 30 Jun 2023 | 17 Jul 2023 | 84 | 8% | 17% | 75% | 24% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 78 | 7% | 22% | 71% | 29% |
| 01 Jan 2022 - 30 Jun 2022 | 06 Jul 2022 | 72 | 8% | 29% | 63% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 74 | 6% | 25% | 69% | 36% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 68 | 8% | 29% | 63% | 20% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 71 | 7% | 24% | 69% | 21% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 71 | 6% | 22% | 72% | 28% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 70 | 5% | 23% | 72% | 90% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 71 | 5% | 24% | 71% | 89% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 81 | 4% | 25% | 71% | 89% |
| 01 Jan 2018 - 30 Jun 2018 | 11 Jul 2018 | 69 | 5% | 24% | 71% | 86% |
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
Standard payment terms are 90 days. Terms can however vary between suppliers.
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
For all disputes, the initial point of contact will be a member of the accounts payable team who can be contacted by e-mail or telephone. As part of the resolution process, accounts payable will attempt to resolve the query themselves, if unable to do so, they will liaise with the individual who raised the order.
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
TRIVIUM PACKAGING UK LIMITED is a leading packaging company in the United Kingdom that specializes in metal packaging solutions. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes using recycled materials in their packaging production, reducing energy consumption through the use of renewable energy sources, and implementing waste management practices to minimize their carbon footprint. They also prioritize ethical labor practices and have a strict code of conduct for their employees and suppliers.
TRIVIUM PACKAGING UK LIMITED offers a wide range of metal packaging solutions for various industries such as food, beverage, and personal care. Their products include aluminum and steel cans, aerosols, and metal closures. These products are not only durable and convenient but also highly sustainable as they can be recycled infinitely without losing their quality.
The key people at TRIVIUM PACKAGING UK LIMITED include the managing director, Mark A. Hogg, and the director of operations, Alice May. They lead a team of dedicated professionals who are committed to providing high-quality and sustainable packaging solutions to their clients.
To contact TRIVIUM PACKAGING UK LIMITED, you can visit their website at www.triviumpackaging.com or reach out to their registered office located at Unit 2, Enterprise Way, Coalville, Leicestershire, LE67 3LE, United Kingdom. Their website also provides more information on their products, services, and sustainability initiatives.
