COVERIS FLEXIBLES UK LIMITED
Company Information
- Company Number
- 02925612
- Registered Address
- Holland Place Wardentree Park, Pinchbeck, Spalding, Lincolnshire, PE11 3ZN
- Status
- Active
- Employee Count
- 1,055
- Turnover
- £190,990,000
- EBITDA
- £31,090,000
Additional Details
- Website
- https://coveris.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 4 May 1994
- Nature of Business
- 18129 - Printing not elsewhere classified
- Industries
- Manufacturing
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 - 30 Jun 2025 | 29 Jul 2025 | 55 | 16% | 45% | 39% | 31% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 55 | 18% | 43% | 39% | 28% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 52 | 25% | 39% | 36% | 19% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 51 | 25% | 39% | 36% | 21% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 51 | 28% | 35% | 37% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 51 | 27% | 37% | 36% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 53 | 26% | 37% | 37% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 53 | 24% | 37% | 39% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 54 | 22% | 41% | 37% | 14% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Aug 2018 | 60 | 12% | 39% | 49% | 29% |
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
Raw material suppliers: 60 to 90 days, others 30 to 60 days. However, these are often subject to negotiation with individual suppliers.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Dispute Resolution Process
When an invoice is disputed, the ledger controller will contact supplier to discuss and resolve.
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
COVERIS FLEXIBLES UK LIMITED is a leading packaging company in the UK, providing innovative and sustainable packaging solutions for various industries. The company is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact.
The company offers a wide range of products and services, including flexible packaging, labels, and paper bags. These products are designed to meet the specific needs of their customers while also being environmentally friendly. Coveris Flexible UK Limited uses advanced technology and materials to create high-quality, sustainable packaging solutions.
The company's sustainability program focuses on reducing waste, increasing recycling, and minimizing their carbon footprint. They have implemented sustainable manufacturing practices and use renewable energy sources in their production processes. Coveris Flexible UK Limited also works closely with their suppliers to ensure sustainable sourcing of materials.
The key people in the company include the Managing Director, Sales Director, and Operations Director, who bring years of experience in the packaging industry. Their expertise and leadership have helped the company grow and expand its reach in the UK market.
To learn more about the company and its products and services, interested parties can visit their website at www.coveris.com/uk or contact them at their registered office address: Coveris Flexible UK Limited, 1 Chartwell Drive, Wigston, Leicestershire, LE18 2FL.
