| 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 | 10 Nov 2022 | 30 | 66% | 20% | 14% | 52% |
| 01 Jul 2021 - 31 Dec 2021 | 10 Nov 2022 | 30 | 71% | 18% | 11% | 55% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 21 | 81% | 15% | 4% | 43% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 24 | 78% | 17% | 5% | 42% |
This information is as reported by the business, and responses are in their own words.
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
Contact supplier and query the error in order to resolve it via credit or understanding. Invoices are not processed until resolved.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
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.