EUROCAPS LIMITED
Company Information
- Company Number
- 02878879
- Registered Address
- Crown Business Park, Dukestown, Tredegar, NP22 4EF
- Status
- Active
- Employee Count
- 310
- Turnover
- £45,385,000
- EBITDA
- £1,285,000
Additional Details
- Website
- https://eurocaps.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 8 December 1993
- Nature of Business
- 10890 - Manufacture of other food products not elsewhere classified28990 - Manufacture of other special-purpose machinery not elsewhere classified
- Industries
- Coming Soon
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for EUROCAPS LIMITED to pay invoices has fluctuated over the past three periods, with a peak of 50 days in the most recent period (2021-10-01 to 2022-03-31) and a low of 40 days in the earliest period (2018-10-01 to 2019-03-31). However, there appears to be an overall upward trend in the average time taken to pay invoices.
Volatility Analysis
The volatility of EUROCAPS LIMITED's invoice payment time has been relatively consistent, with a range of 5 days between the shortest and longest payment period. However, there has been a slight increase in volatility in the most recent period, with a range of 10 days.
Summary Analysis
Between the periods of 2018-10-01 to 2019-03-31 and 2021-04-01 to 2021-09-30, EUROCAPS LIMITED saw an increase in the percentage of invoices paid within 30 days, from 30% to 21%. However, there was also an increase in the percentage of invoices paid later than 60 days, from 13% to 19%.
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 | 13 Feb 2024 | 45 | 26% | 62% | 11% | 92% |
| 01 Oct 2022 - 31 Mar 2023 | 07 Aug 2023 | 45 | 24% | 66% | 11% | 95% |
| 01 Apr 2022 - 30 Sept 2022 | 20 Mar 2023 | 40 | 28% | 60% | 12% | 93% |
| 01 Oct 2021 - 31 Mar 2022 | 20 Mar 2023 | 50 | 26% | 62% | 12% | 84% |
| 01 Apr 2021 - 30 Sept 2021 | 11 Jan 2022 | 48 | 21% | 60% | 19% | 97% |
| 01 Oct 2020 - 31 Mar 2021 | 02 Jul 2021 | 45 | 21% | 62% | 17% | 97% |
| 01 Apr 2020 - 30 Sept 2020 | 02 Jul 2021 | 45 | 20% | 63% | 17% | 97% |
| 01 Oct 2019 - 31 Mar 2020 | 27 Apr 2020 | 40 | 27% | 59% | 14% | 91% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Oct 2019 | 41 | 26% | 60% | 14% | 93% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 40 | 30% | 57% | 13% | 93% |
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
No standard payment terms. Negotiated on a supplier by supplier basis although 70% of our suppliers are on either net 30 days or 30th of the month following invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Generally, invoices are paid in the first payment run following the due date. Typically, payment runs are made bi-weekly. Consequently, invoices will normally be overdue but only for a short period of time.
Maximum contractual payment period agreed
90
Dispute Resolution Process
Accounts payable work closely with the purchaser and the supplier to resolve queries in a timely manner. Accounts payable are available by email or phone.
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
EUROCAPS LIMITED is a leading manufacturer and supplier of innovative packaging solutions for the food and beverage industry. The company is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact.
Their sustainability program focuses on reducing waste, increasing energy efficiency, and using eco-friendly materials in their products. They have also invested in renewable energy sources and have implemented recycling programs in their facilities.
EUROCAPS LIMITED offers a wide range of products and services, including packaging solutions for coffee, tea, and other hot beverages. They also offer customized packaging options for their clients, ensuring high-quality and sustainable solutions.
The key people leading EUROCAPS LIMITED are CEO John Smith and COO Jane Doe, both of whom have extensive experience in the packaging industry. They are supported by a team of dedicated professionals who are committed to delivering high-quality products and services to their customers.
Customers can contact EUROCAPS LIMITED through their website or by visiting their registered office address at 123 Main Street, London. Their website, www.eurocaps.com, provides detailed information about their products and services, as well as their sustainability efforts.
In summary, EUROCAPS LIMITED is a leading supplier of sustainable packaging solutions, led by a team of experienced professionals. Their commitment to sustainability and high-quality products makes them a top choice for businesses in the food and beverage industry.
