CANPACK UK LIMITED

PaymentCheck Score 2022
69Fair
1.7vs last year
#2777 in UK
#78 in Supply Chain
#123 in Yorkshire and The Humber

Company Information

Company Number
06366267
Registered Address
Plot 18 Skippingdale Industrial Estate, Holyrood Drive, Scunthorpe, North Lincolnshire, DN15 8NN
Status
Active
Employee Count
260
Turnover
£153,560,000
EBITDA
-£714,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 September 2007
Nature of Business
25920 - Manufacture of light metal packaging
Industries
Supply Chain,Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
30 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
71%
31-60 Days
18%
After 60 Days
11%
Not Paid Within Terms55%

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: 2022-11-10
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202210 Nov 20223066%20%14%52%
01 Jul 2021 - 31 Dec 202110 Nov 20223071%18%11%55%
01 Jan 2019 - 30 Jun 201924 Jul 20192181%15%4%43%
01 Jan 2018 - 30 Jun 201824 Jul 20182478%17%5%42%

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

Majority of suppliers arr on 30 days payment terms, with the exception of Transportation (60 days ) and inter company (60-90 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

Contact supplier and query the error in order to resolve it via credit or understanding. Invoices are not processed until resolved.

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

CANPACK UK LIMITED is a leading packaging company based in the United Kingdom. The company specializes in the production of metal packaging solutions for various industries such as food and beverage, cosmetics, and pharmaceuticals.

Their sustainability program is a key aspect of their operations, with a focus on reducing their environmental impact through the use of sustainable materials and energy-efficient processes. They also prioritize recycling and waste reduction efforts in their production facilities.

CANPACK UK LIMITED offers a wide range of products and services, including aluminum and steel cans, caps and closures, and lithography services. They also provide design and development services for customized packaging solutions.

The company is led by a team of experienced and knowledgeable professionals, including the Managing Director, Sales Director, and Operations Director. They are committed to delivering high-quality products and services to their customers.

To learn more about CANPACK UK LIMITED and their products and services, you can visit their website at www.canpack.com/uk. Their registered office address is located at Brunswick Industrial Estate, Brunswick Village, Newcastle upon Tyne NE13 7BA, United Kingdom.

Financial Metrics

Cash
£3,073,470
Net Worth
£62,545,883
Total Current Assets
£67,708,816
Total Current Liabilities
£42,807,515

Company Location