GLATFELTER LYDNEY, LTD.

PaymentCheck Score 2024
79Good
1.9vs last year
#2207 in UK
#111 in South West

Company Information

Company Number
05734921
Registered Address
Lydney Paper Mill, Church Road, Lydney, Gloucestershire, GL15 5EJ
Status
Active
Employee Count
273
Turnover
£118,036,000
EBITDA
£207,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 March 2006
Nature of Business
17120 - Manufacture of paper and paperboard
Industries
Coming Soon
Region
South West

Time to Pay

Average Time to Pay
34 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
67%
31-60 Days
26%
After 60 Days
7%
Not Paid Within Terms8%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-06-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202421 Aug 20243675%19%6%11%
01 Jul 2023 - 31 Dec 202324 Jun 20243467%26%7%8%
01 Jan 2023 - 30 Jun 202325 Aug 20233772%21%7%10%
01 Jul 2022 - 31 Dec 202223 Feb 20233672%22%6%10%
01 Jan 2022 - 30 Jun 202204 Aug 20223770%22%8%8%
01 Jul 2021 - 31 Dec 202111 Feb 20223769%24%7%6%
01 Jan 2021 - 30 Jun 202131 Jul 20213969%23%8%7%
01 Jul 2020 - 31 Dec 202018 Feb 20213573%20%7%6%
01 Jan 2020 - 30 Jun 202029 Jul 20203969%24%7%7%
01 Jul 2019 - 31 Dec 201903 Feb 20203969%24%7%7%
01 Jan 2019 - 30 Jun 201916 Jul 20194071%22%7%6%
01 Jan 2018 - 30 Jun 201819 Jul 20184070%24%7%7%

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

60 Days Net

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

All disputes are dealt with the local accounts payable team. Normally resolved within 48 hours with exceptions.

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

GLATFELTER LYDNEY, LTD. is a leading global supplier of specialty papers and engineered materials. Based in Lydney, Gloucestershire, the company has over 150 years of experience in the industry and prides itself on its sustainability efforts.

The company's sustainability program is centered around five key areas: Energy & Emissions, Water & Waste, Products & Packaging, Supply Chain, and Community & People. GLATFELTER LYDNEY, LTD. has set ambitious goals to reduce its environmental impact, such as achieving carbon neutrality by 2025 and reducing water usage by 20% by 2022.

In terms of products and services, GLATFELTER LYDNEY, LTD. offers a wide range of specialty papers and engineered materials for a variety of industries, including food and beverage, medical, and transportation. Their products are known for their high quality and sustainability, with many being made from renewable materials.

The company is led by key people such as Timothy R. Hess, the President and CEO, and Karen Baker, the Managing Director. They are supported by a team of experienced professionals who are committed to driving the company's success.

For more information on GLATFELTER LYDNEY, LTD.'s products, sustainability efforts, and key people, you can visit their website at www.glatfelter.com. Their registered office address is at Station Road, Lydney, Gloucestershire, GL15 5ET, United Kingdom.

Financial Metrics

Cash
£112,000
Net Worth
£68,172,000
Total Current Assets
£59,625,000
Total Current Liabilities
£21,636,000

Company Location