SEALED AIR LIMITED
Company Information
- Company Number
- 03443946
- Registered Address
- 1-3 Cromwell Road, St. Neots, Cambridgeshire, England, PE19 1QN
- Status
- Active
- Employee Count
- 491
- Turnover
- £154,321,000
- EBITDA
- £9,749,000
Additional Details
- Website
- https://sealedair.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 2 October 1997
- Nature of Business
- 22220 - Manufacture of plastic packing goods
- Industries
- Manufacturing
- Region
- East of England
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 Jul 2023 - 31 Dec 2023 | 27 Feb 2024 | 87 | 14% | 39% | 46% | 39% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | 81 | 16% | 27% | 57% | 47% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 79 | 16% | 29% | 55% | 47% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 66 | 17% | 0% | 83% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 68 | 16% | 0% | 84% | 25% |
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
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
Dispute Resolution Process
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.
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
Sealed Air Limited is a global packaging company that provides innovative and sustainable solutions to protect goods and ensure food safety. The company was founded in 1960 and is headquartered in Charlotte, North Carolina.
The company's sustainability program, called "Better Future 2020," focuses on reducing their environmental impact, improving worker safety, and creating long-term value for their stakeholders. They have set targets to reduce their greenhouse gas emissions and water consumption by 25% and 10%, respectively, by the year 2020.
Sealed Air offers a wide range of sustainable packaging products, including their signature Cryovac brand, which is designed to extend the shelf life of food, reduce waste, and improve food safety. They also offer packaging solutions for e-commerce, industrial, and healthcare industries.
The key people at Sealed Air Limited include Ted Doheny, President and CEO, and William Stiehl, Executive Vice President and Chief Financial Officer.
The company's website address is www.sealedair.com, where customers can find information about their products and services, as well as their sustainability efforts. The registered office address is Sealed Air Limited, Hayes Park Central, Hayes End Road, Hayes, Middlesex, UB4 8FE, United Kingdom.
