AMCOR EUROPE GROUP MANAGEMENT
Company Information
- Company Number
- 04176956
- Registered Address
- 83 Tower Road North, Warmley, Bristol, England, England, BS30 8XP
- Status
- Active
- Employee Count
- 948
- Turnover
- £166,017,000
- EBITDA
- £2,359,000
Additional Details
- Website
- https://amcor.com
- Company Type
- Private unlimited company
- Incorporated On
- 9 March 2001
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Coming Soon
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time for AMCOR EUROPE GROUP MANAGEMENT to pay invoices has fluctuated between 29 and 44 days over the past three years. There has been a gradual decrease in the percentage of invoices paid within 30 days, from 66% in 2021 to 55% in 2019. However, there has been an increase in the percentage of invoices paid between 31 and 60 days, from 24% in 2021 to 30% in 2019. The percentage of invoices paid later than 60 days has remained relatively consistent, ranging from 9% to 16%. Overall, there has been a slight improvement in the company's payment time, with the average time decreasing from 35 days in 2018 to 32 days in 2022.
Volatility Analysis
The data shows some volatility in the payment time for AMCOR EUROPE GROUP MANAGEMENT. The average time to pay has fluctuated by 10 days, from 29 days in 2022 to 39 days in 2019. The percentage of invoices paid within 30 days has also varied by 11%, from 66% in 2021 to 55% in 2019. The most volatile metric is the percentage of invoices paid later than 60 days, with a range of 7% from 9% in 2021 to 16% in 2018.
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 2022 - 30 Jun 2022 | 01 Aug 2022 | 32 | 64% | 25% | 11% | 54% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 29 | 66% | 24% | 9% | 45% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 33 | 66% | 24% | 9% | 47% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 44 | 61% | 25% | 14% | 60% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 34 | 59% | 29% | 12% | 64% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 39 | 55% | 30% | 15% | 63% |
| 01 Jan 2019 - 30 Jun 2019 | 11 Jul 2019 | 33 | 58% | 29% | 13% | 60% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Feb 2019 | 35 | 56% | 28% | 16% | 65% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 32 | 61% | 26% | 13% | 89% |
| 01 Jul 2017 - 31 Dec 2017 | 23 Feb 2018 | 34 | 61% | 28% | 10% | 78% |
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
Net 30 Days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
90 EOM + 5
Maximum contractual payment period agreed
105
Dispute Resolution Process
Disputes with suppliers would relate to an invoice/credit note, preventing payment being made. The supplier would be contacted via email / telephone, notifying of any issues, which would typically result in a credit note or revised invoice. Payment would then be made either within terms or in the next BACS run, following resolution.
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
AMCOR EUROPE GROUP MANAGEMENT is a leading global packaging company that offers a wide range of sustainable packaging solutions. The company operates in Europe and has a strong commitment to sustainability and environmental responsibility.
Their sustainability program includes initiatives such as reducing carbon emissions, promoting recycling and using renewable energy sources. They also focus on reducing their environmental footprint by using lightweight and recyclable materials in their packaging.
AMCOR EUROPE GROUP MANAGEMENT offers a diverse range of products and services including flexible and rigid packaging, specialty cartons, and closures. They serve a variety of industries including food and beverage, healthcare, and personal care.
The key people at AMCOR EUROPE GROUP MANAGEMENT include CEO Mr. Ron Delia and Global Chief Sustainability Officer Dr. Gerald Rebitzer, who oversee the company's operations and sustainability efforts.
The contact information for AMCOR EUROPE GROUP MANAGEMENT is as follows: their website address is www.amcor.com and their registered office address is Amcor House, 13 Linnell Way, Kettering, Northamptonshire NN16 8PS, United Kingdom.
Overall, AMCOR EUROPE GROUP MANAGEMENT is a leading packaging company with a strong commitment to sustainability and providing innovative and responsible packaging solutions.
