STOELZLE FLACONNAGE LIMITED
Company Information
- Company Number
- 02973822
- Registered Address
- Weeland Road, Knottingley, West Yorkshire, WF11 8AP
- Status
- Active
- Employee Count
- 381
- Turnover
- £56,303,000
- EBITDA
- £6,489,000
Additional Details
- Website
- http://stoelzle.com/
- Company Type
- Private limited Company
- Incorporated On
- 30 September 1994
- Nature of Business
- 23130 - Manufacture of hollow glass
- Industries
- Manufacturing
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time of 75 days, with 97% of payments being late, establishes a consistent trend of severely delayed remittances. A significant 76% of payments extending beyond 60 days demonstrates a clear trajectory towards extended payment cycles, with only a negligible 4% paid within 30 days.
Volatility Analysis
Payment behavior is highly predictable in its unreliability, with an overwhelming 97% of invoices paid late, posing a significant and consistent cash flow risk. The vast majority of payments (76%) consistently exceeding 60 days makes STOELZLE FLACONNAGE LIMITED an extremely slow payer, impacting supplier working capital stability.
Summary Analysis
Given the average 75-day payment cycle and 97% late payment rate, STOELZLE FLACONNAGE LIMITED represents a high payment risk for suppliers, demanding careful consideration of financial exposure. Key decision factors should prioritize the potential impact on your company's cash flow and the necessity of establishing stringent payment terms. Consider demanding upfront payments or significantly shorter payment terms to mitigate the identified liquidity risks.
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 2024 - 30 Jun 2024 | 22 Aug 2024 | 66 | 5% | 31% | 64% | 86% |
| 01 Jul 2023 - 31 Dec 2023 | 15 Aug 2024 | 65 | 5% | 31% | 64% | 88% |
| 01 Jan 2020 - 30 Jun 2020 | 17 Dec 2020 | 75 | 4% | 19% | 76% | 97% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Feb 2020 | 72 | 5% | 20% | 75% | 97% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Sept 2019 | 73 | 4% | 21% | 75% | 97% |
| 01 Jul 2018 - 31 Dec 2018 | 14 May 2019 | 73 | 4% | 22% | 74% | 98% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 72 | 3% | 22% | 75% | 97% |
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
Our standard payment terms in our T&Cs with new suppliers are 60 days EOM. This is dependant on the urgency and scale of supply and materials purchased.
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
60
Dispute Resolution Process
Resolution of disputes and complaints regarding service, supply and quality are handled by our Purchasing Department (via email/telephone). Resolution of disputes and complaints regarding invoice queries are handled by our Finance Department, following supplier statement reconciliation.
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.
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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.
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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.
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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
STOELZLE FLACONNAGE LIMITED is an active private limited company. Its operations specialise in flaconnage.
The company was incorporated on 30 September 1994 and is registered under company number 02973822. Its registered office is located at Weeland Road, Knottingley, West Yorkshire, WF11 8AP.
Companies specialising in flaconnage typically provide manufacturing, design, and supply services for specialist glass containers. These products often include high-quality glass bottles for sectors such as cosmetics, perfumery, pharmaceuticals, and spirits.
