Industry ranking
| 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 Jul 2023 - 31 Dec 2023 | 27 Feb 2024 | 87 | 14% | 39% | 46% | 39% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 110 | 18% | 29% | 52% | 58% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | 81 | 16% | 27% | 57% | 47% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 95 | 18% | 32% | 50% | 48% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 87 | 18% | 28% | 54% | 44% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 79 | 16% | 29% | 55% | 47% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 102 | 20% | 26% | 54% | 58% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Jul 2020 | 74 | 16% | 36% | 48% | 39% |
| 01 Jul 2019 - 31 Dec 2019 | 16 Jan 2020 | 77 | 20% | 0% | 80% | 28% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 66 | 17% | 0% | 83% | 28% |
| 01 Jul 2018 - 31 Jul 2018 | 30 Jan 2019 | 66 | 20% | 0% | 80% | 22% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 68 | 16% | 0% | 84% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Generally we apply 90 days net payment terms, however for vendors enrolled in our Supplier Financing Program the standard terms are 120 days Beginning of Next Month
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
149
Any disputes on supplier invoices are handled by the purchasing department, who will reach out to the vendor to solve the dispute. Usually these disputes are settled within a week.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Sealed Air Limited is a UK company registered in St Neots, Cambridgeshire, operating within the plastic packaging manufacturing sector under SIC code 22220, manufacture of plastic packing goods. It was incorporated in 1997, initially as Arableland Limited before being renamed Cryovac UK Limited later that year, and adopted its current name in 1999. The company forms part of the wider Sealed Air group, an international packaging business, with this UK entity representing the group's registered presence and manufacturing activity in the United Kingdom. The company remains active, with its registered office in Cambridgeshire and regular filings maintained with Companies House.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk