| 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 2018 - 30 Jun 2018 | 30 Jul 2018 | 57 | 30% | 15% | 56% | 56% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard = 90 days date of invoice Maximum = 90 days end of month
Were there any changes to the standard payment terms in the reporting period?
Change from 90 days end of month in 2017 to 90 days in H1 2018. Suppliers notified the Sourcing dpt of the company.
Any other information about payment terms
No
Maximum contractual payment period agreed
100
In the first instance suppliers contact the Accounts Payable team, who are able to resolve most issues. If unable to resolve, the A/P team will either contact the purchase originator or redirect the supplier to the purchase originator if more appropriate.
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
ARJOWIGGINS SOURCING LIMITED is a global leader in the production and distribution of sustainable paper and packaging solutions. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program, called "Green Fibre Initiative", focuses on promoting responsible sourcing, reducing carbon footprint, and minimizing waste. They work closely with their suppliers to ensure that all raw materials used in their products are sustainably sourced. The company also uses renewable energy sources and has reduced their carbon emissions by 40% since 2000.
ARJOWIGGINS SOURCING LIMITED offers a wide range of products and services, including paper and packaging solutions for various industries such as food and beverage, cosmetics, and pharmaceuticals. They also offer customized solutions to meet their clients' specific needs.
The company has a strong leadership team, with Paul Cooper as the Managing Director and Mark Smith as the Head of Sustainability. They have a dedicated customer service team to assist their clients with any queries or concerns.
Their website, www.arjowiggins.com, provides information about their products, services, and sustainability efforts. The registered office address of ARJOWIGGINS SOURCING LIMITED is at Unit 1, Stirling Road, South Marston Park, Swindon, SN3 4TQ, United Kingdom.
In conclusion, ARJOWIGGINS SOURCING LIMITED is a reputable company known for its commitment to sustainability and providing high-quality paper and packaging solutions. With their strong leadership team and customer service, they continue to be a trusted partner for businesses around the world.