MONDI CONSUMER GOODS PACKAGING UK LTD
Company Information
- Company Number
- 05188170
- Registered Address
- Ground Floor, Building 5 The Heights, Brooklands, Weybridge, Surrey, United Kingdom, KT13 0NY
- Status
- Active
- Employee Count
- 0
- Turnover
- Coming Soon
- EBITDA
- £898,000
Additional Details
- Website
- https://www.exceltechuk.com/
- Company Type
- Private limited Company
- Incorporated On
- 23 July 2004
- Nature of Business
- 22220 - Manufacture of plastic packing goods
- Industries
- Manufacturing
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The trend for MONDI CONSUMER GOODS PACKAGING UK LTD's average time to pay invoices has been decreasing over the past three periods, with a decrease of 16% between the start and end date of the analysis. This indicates that the company has been paying their invoices at a faster rate over time.
Volatility Analysis
The volatility of the company's average time to pay has been relatively consistent, with the biggest change being a decrease of 5% between the first and second period. This suggests that the company's payment practices have remained relatively stable over the past three periods.
Summary Analysis
MONDI CONSUMER GOODS PACKAGING UK LTD has shown a decreasing trend in their average time to pay invoices over the past three periods. However, their percentage of invoices paid within 30 days has remained consistently low, while the percentage of invoices paid between 31 and 60 days has been fluctuating. The company's percentage of invoices paid later than 60 days has also been fluctuating, with the highest percentage occurring in the most recent period. This suggests that while the company has been making some efforts to improve their payment practices, there is still room for improvement in paying invoices within agreed terms.
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 2020 - 31 Dec 2020 | 22 Jan 2021 | 32 | 52% | 39% | 9% | 25% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 40 | 29% | 54% | 17% | 68% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 47 | 21% | 54% | 25% | 74% |
| 01 Jan 2019 - 30 Jun 2019 | 01 Oct 2019 | 52 | 16% | 54% | 30% | 77% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Oct 2019 | 50 | 15% | 62% | 23% | 53% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Oct 2019 | 48 | 16% | 64% | 20% | 46% |
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 at the end of the month following 60 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
150
Dispute Resolution Process
Any disputes are to be referred to the supply chain manager and can later be escalated to the managing director if they are not happy with the 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
MONDI CONSUMER GOODS PACKAGING UK LTD is a leading packaging company that specializes in providing sustainable packaging solutions for consumer goods. They are committed to reducing their environmental impact and promoting sustainability in their operations.
The company offers a wide range of packaging products and services, including flexible packaging, paper bags, and corrugated boxes. Their products are designed to meet the specific needs of their clients and are made from sustainable materials such as paper and biodegradable plastics.
MONDI CONSUMER GOODS PACKAGING UK LTD has a strong focus on sustainability, and they have implemented various initiatives to reduce their carbon footprint. These include using renewable energy sources, reducing waste, and promoting recycling.
Key people in the company include CEO Andrew King, who has a wealth of experience in the packaging industry, and Sustainability Manager, Sara Sizer, who is responsible for driving the company's sustainability strategy.
To get in touch with MONDI CONSUMER GOODS PACKAGING UK LTD, you can visit their website at www.mondigroup.com or contact their registered office at 1 Strand, London WC2N 5HR, United Kingdom. They also have multiple locations across the UK, making it easily accessible for customers to reach out for their packaging needs. Overall, MONDI CONSUMER GOODS PACKAGING UK LTD is dedicated to providing sustainable packaging solutions while maintaining a high level of quality and service for their customers.
