PROSEAL UK LIMITED
Company Information
- Company Number
- 03493138
- Registered Address
- C/O Geldards Llp Capital Quarter No. 4, Tyndall Street, Cardiff, Caerdydd, United Kingdom, CF10 4BZ
- Status
- Active
- Employee Count
- 400
- Turnover
- £65,528,000
- EBITDA
- £12,243,000
Additional Details
- Website
- https://www.proseal.com/
- Company Type
- Private limited Company
- Incorporated On
- 15 January 1998
- Nature of Business
- 28990 - Manufacture of other special-purpose machinery not elsewhere classified
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- Wales
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 2021 - 31 Dec 2021 | 07 Feb 2022 | 46 | 12% | 59% | 29% | 94% |
| 01 Jan 2021 - 30 Jun 2021 | 09 Aug 2021 | 44 | 16% | 59% | 25% | 87% |
| 01 Jul 2020 - 31 Dec 2020 | 24 Feb 2021 | 37 | 20% | 72% | 8% | 67% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 36 | 14% | 85% | 2% | 86% |
| 01 Aug 2019 - 31 Dec 2019 | 03 Feb 2020 | 33 | 21% | 79% | 0% | 79% |
| 01 Aug 2018 - 31 Jan 2019 | 25 Feb 2019 | 25 | 48% | 52% | 0% | 52% |
| 01 Feb 2018 - 31 Jul 2018 | 25 Feb 2019 | 24 | 56% | 44% | 0% | 44% |
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
Payment terms differ depending on the nature of the supplier and the underlying contract, and are assessed on a case by case basis. The standard payment terms are set at between 30-90 days. We have added 3 days to our payment dates to reflect the time it takes the payment to clear, which means a significant level of suppliers are paid between 31 and 60 days
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
90
Dispute Resolution Process
The point of contact for disputes is Proseals Accounts Payable Department, based at the Adlington Head Office- This team can be contacted by phone or email as listed on the company website to resolve or escalate issues.
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.
❌
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
PROSEAL UK LIMITED is a leading manufacturer of packaging equipment and materials based in Adlington, Cheshire. The company was founded in 1998 and has since become a global provider of innovative packaging solutions.
The company's sustainability program is a key aspect of their operations, with a focus on reducing environmental impact and promoting sustainable practices. This includes using energy-efficient technology in their manufacturing processes, sourcing materials from sustainable suppliers, and implementing recycling and waste reduction strategies.
PROSEAL UK LIMITED offers a wide range of packaging equipment and materials, including tray sealing machines, conveyor systems, and vacuum packaging solutions. Their products are used in various industries such as food and beverage, pharmaceuticals, and healthcare.
The company is led by a team of experienced professionals, including Managing Director, Garry Pye, and Sales Director, Tony Burgess. Their commitment to innovation and customer satisfaction has helped the company achieve significant growth and success.
For more information on PROSEAL UK LIMITED and their products and services, interested parties can visit their website at www.proseal.com. The company's registered office address is Unit 1, Adlington Industrial Estate, Adlington, Cheshire, SK10 4NL. With their strong focus on sustainability and high-quality products, PROSEAL UK LIMITED is a trusted and reliable partner for all packaging needs.
