MULTI PACKAGING SOLUTIONS UK LIMITED
Company Information
- Company Number
- 02586987
- Registered Address
- Westrock Millennium Way West, Phoenix Centre, Nottingham, United Kingdom, NG8 6AW
- Status
- Active
- Employee Count
- 1,402
- Turnover
- £244,533,000
- EBITDA
- £27,372,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 March 1991
- Nature of Business
- 17219 - Manufacture of other paper and paperboard containers
- Industries
- Manufacturing
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
MULTI PACKAGING SOLUTIONS UK LIMITED demonstrates a slow payment trend, with an average payment time of 61 days. A significant 73% of payments extend beyond 30 days, with 35% taking over 60 days. This trajectory indicates a consistent pattern of longer payment cycles rather than isolated incidents, suggesting an established operational characteristic.
Volatility Analysis
Payment reliability is low, as evidenced by 35% of invoices being paid over 60 days and an explicit 26% marked as late overall. The broad distribution across payment timeframes, particularly the substantial segment exceeding 60 days, reduces predictability for suppliers regarding actual payment receipt. This lack of promptness and considerable delays introduce a notable cash flow risk.
Summary Analysis
Considering the 61-day average payment time and the high proportion of delayed payments, cautious engagement is recommended for MULTI PACKAGING SOLUTIONS UK LIMITED. Suppliers should factor in significantly extended payment terms and potential cash flow impacts when establishing pricing or credit limits. Mitigate risk by requesting upfront payments, shorter contractual payment terms, or adjusting inventory and working capital expectations accordingly.
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 Apr 2023 - 30 Sept 2023 | 03 Jan 2024 | 61 | 27% | 38% | 35% | 26% |
| 01 Oct 2022 - 31 Mar 2023 | 19 May 2023 | 54 | 30% | 41% | 29% | 33% |
| 01 Apr 2022 - 30 Sept 2022 | 20 Feb 2023 | 51 | 27% | 42% | 31% | 24% |
| 01 Oct 2021 - 31 Mar 2022 | 23 Jun 2022 | 48 | 22% | 52% | 26% | 22% |
| 01 Apr 2021 - 30 Sept 2021 | 03 Feb 2022 | 56 | 23% | 37% | 40% | 23% |
| 01 Oct 2020 - 31 Mar 2021 | 16 Apr 2021 | 58 | 22% | 40% | 38% | 21% |
| 01 Apr 2020 - 30 Sept 2020 | 16 Apr 2021 | 61 | 21% | 39% | 40% | 18% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 56 | 21% | 39% | 40% | 24% |
| 01 Apr 2019 - 30 Sept 2019 | 21 Nov 2019 | 56 | 19% | 39% | 42% | 36% |
| 01 Oct 2018 - 31 Mar 2019 | 10 May 2019 | 63 | 17% | 30% | 53% | 72% |
| 01 Apr 2018 - 30 Sept 2018 | 16 Nov 2018 | 57 | 24% | 30% | 46% | 73% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 61 | 17% | 33% | 50% | 80% |
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 most frequent payment terms for qualifying contract are 60 days from 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
105
Dispute Resolution Process
Supplier disputes would be raised with the finance team in the first instance. Where the issue cannot be resoled the dispute will be escalated to the central legal team.
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
MULTI PACKAGING SOLUTIONS UK LIMITED operates as an active private limited company specialising in the provision of diverse packaging solutions. Its name indicates a focus on offering a comprehensive range of packaging services and products to the UK market.
This company was incorporated on 1 March 1991 under company number 02586987. Its registered office is located at Westrock Millennium Way West, Phoenix Centre, Nottingham, United Kingdom, NG8 6AW, placing its operations within the East Midlands region.
A company providing packaging solutions in the UK market typically offers services such as custom packaging design, manufacturing of diverse packaging materials, and supply chain optimisation for packaging. Common product offerings within this sector encompass corrugated packaging, flexible packaging, folding cartons, and protective packaging solutions, serving various industry sectors.
