ALC (SPC) LIMITED
Company Information
- Company Number
- 05424261
- Registered Address
- The Business Debt, Advisor, 18-22 Lloyd Street, Manchester, M2 5WA
- Status
- Liquidation
- Employee Count
- 0
- Turnover
- £60,684,000
- EBITDA
- £33,438,000
Additional Details
- Website
- https://vtplc.com
- Company Type
- Private limited Company
- Incorporated On
- 14 April 2005
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified84110 - General public administration activities
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
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 | 29 Jan 2021 | 27 | 87% | 13% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 27 | 74% | 26% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 58 | 44% | 48% | 8% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Mar 2019 | 58 | 14% | 67% | 18% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 59 | 12% | 43% | 45% | 45% |
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
It is the Company policy to agree appropriate terms of payment with each supplier, and to pay invoices in line with those terms subject to the timely submission of satisfactory invoices. Payment runs are made weekly for external supplier payments. The weekly payment run will include any invoices due for payment within the next 2 weeks. Inter-company payment rules are governed by the core contract and are generally payable within 60 days. Payment runs for intercompany invoices are run at the end of each month for any invoices payable in that period. For inter-company invoices raised early in a month, these can take upto 90 days to payment. Exceptional items, as defined and agreed within the contract, are deferred for payment to the end of each six month period ending 30 March and 31 September each year.
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
180
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner. We seek to resolve queries as quickly as possible to both party’s satisfaction prior to payment being made. Invoice queries are dealt with in the first instance by Accounts Payable who will aim to resolve issues as quickly as possible in order to make payment.
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
ALC (SPC) LIMITED is a leading company in the UK that specializes in sustainable packaging solutions. The company was founded in 1998 and has since then been committed to providing environmentally friendly packaging options to its customers.
The sustainability program at ALC (SPC) LIMITED focuses on reducing the environmental impact of its operations and products. This includes using recyclable and biodegradable materials in their packaging, implementing energy-efficient practices in their facilities, and promoting a circular economy by encouraging customers to reuse and recycle their packaging.
The company offers a wide range of sustainable packaging products and services, including cardboard boxes, paper bags, and biodegradable packaging materials. They also provide custom packaging solutions to meet the specific needs of their clients.
ALC (SPC) LIMITED has a team of dedicated professionals who are passionate about sustainability and are constantly working towards finding innovative and eco-friendly packaging solutions. The key people in the company include the managing director, marketing director, and operations manager.
The company can be contacted through their website, where customers can request quotes, browse their product range, and learn more about their sustainability efforts. The registered office address for ALC (SPC) LIMITED is 26-28 Hammersmith Grove, London, W6 7BA, United Kingdom.
In conclusion, ALC (SPC) LIMITED is a leading company in the UK that is committed to providing sustainable packaging solutions. With a strong focus on sustainability, a wide range of products and services, and a dedicated team, the company is making a positive impact on the environment and the packaging industry.
