AMCOR FLEXIBLES UK LIMITED

PaymentCheck Score 2022
36Poor
6.3vs last year
#5141 in UK
#295 in Supply Chain
#263 in South West

Company Information

Company Number
02808801
Registered Address
83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP
Status
Active
Employee Count
457
Turnover
£116,901,000
EBITDA
£1,978,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 April 1993
Nature of Business
22220 - Manufacture of plastic packing goods
Industries
Supply Chain,Manufacturing And Commerce Models
Region
South West

Time to Pay

Average Time to Pay
67 days
Shortest Period:110 days
Longest Period:196 days
Max Contractual:196 days

Payment Timeline

Within 30 Days
24%
31-60 Days
26%
After 60 Days
49%
Not Paid Within Terms40%

Payment Features

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

Payment Score History

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

Company Review

Trend Analysis

The average time taken for AMCOR FLEXIBLES UK LIMITED to pay invoices has fluctuated between 59 days and 76 days over the past three years. There has been a slight increase in the average time taken to pay invoices, with an overall increase of 9 days compared to the start of the data period in 2017.

Volatility Analysis

The volatility of AMCOR FLEXIBLES UK LIMITED's payment patterns can be seen in the changes in the percentage of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. These percentages have varied between periods, with the highest volatility seen in the percentage of invoices paid later than 60 days.

Performance Reports History

Reporting Period Filed: 2022-08-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202201 Aug 20226724%26%49%40%
01 Jul 2021 - 31 Dec 202131 Jan 20227025%22%53%46%
01 Jan 2021 - 30 Jun 202129 Jul 20217617%25%58%54%
01 Jul 2020 - 31 Dec 202029 Jan 20217222%23%55%57%
01 Jan 2020 - 30 Jun 202031 Jul 20207221%22%57%56%
01 Jul 2019 - 31 Dec 201931 Jan 20206823%23%54%50%
01 Jan 2019 - 30 Jun 201911 Jul 20197220%21%59%41%
01 Jul 2018 - 31 Dec 201804 Feb 20197321%22%57%51%
01 Jan 2018 - 30 Jun 201830 Jul 20187022%21%57%48%
01 Jul 2017 - 31 Dec 201723 Feb 20185923%33%44%54%

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

90 EOM + 5

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

No

Any other information about payment terms

180 EOM + 1

Maximum contractual payment period agreed

196

Dispute Resolution Process

Disputes with suppliers would relate to an invoice/credit note, preventing payment being made. The supplier would be contacted via email / telephone, notifying of any issues, which would typically result in a credit note or revised invoice. Payment would then be made either within 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

AMCOR FLEXIBLES UK LIMITED is a leading packaging company based in the United Kingdom. The company specializes in providing sustainable packaging solutions for various industries including food, beverage, healthcare, and personal care.

The company's sustainability program focuses on reducing its environmental impact by using sustainable materials, reducing energy consumption, and promoting recycling. They have also implemented a circular economy approach to their packaging, ensuring that their products are reusable or recyclable.

AMCOR FLEXIBLES UK LIMITED offers a wide range of products and services including flexible packaging, shrink sleeves, and barrier films. They also provide customized packaging solutions to meet the specific needs of their clients. Their products are designed to protect and preserve the quality of the contents, while also being environmentally friendly.

The key people at AMCOR FLEXIBLES UK LIMITED include the Managing Director, David Withers, and the Sustainability Manager, Sarah Price. They work closely with a team of dedicated professionals to ensure the company's operations align with their sustainability goals.

For more information about AMCOR FLEXIBLES UK LIMITED and their products and services, you can visit their website at www.amcor.com/uk. The company's registered office address is 6 Strathmore Road, Aylesbury, Buckinghamshire, HP19 3SE, United Kingdom.

Financial Metrics

Cash
£14,937,000
Net Worth
£53,625,000
Total Current Assets
£148,540,000
Total Current Liabilities
£129,528,000

Company Location