MM NEWPORT LTD.
Company Information
- Company Number
- 07271407
- Registered Address
- Robin Mills Leeds Road, Idle, Bradford, United Kingdom, BD10 9TE
- Status
- Active
- Employee Count
- 130
- Turnover
- £15,379,000
- EBITDA
- £465,000
Additional Details
- Website
- https://essentra.com
- Company Type
- Private limited Company
- Incorporated On
- 2 June 2010
- Nature of Business
- 10890 - Manufacture of other food products not elsewhere classified12000 - Manufacture of tobacco products18121 - Manufacture of printed labels22220 - Manufacture of plastic packing goods
- Industries
- Manufacturing, Raw Materials And Intermediate Goods
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 41 | 43% | 36% | 21% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 42 | 42% | 32% | 26% | 16% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 43 | 43% | 29% | 28% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 43 | 44% | 25% | 31% | 16% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 39 | 51% | 24% | 25% | 24% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 37 | 52% | 26% | 22% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 59 | 28% | 32% | 40% | 39% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 39 | 49% | 27% | 24% | 44% |
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
Our standard payment term for larger multinational suppliers is currently 90 days. For smaller and medium-sized suppliers, that represent the majority of invoices received by number, the payment term is currently predominantly between 30 days and 45 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/a
Maximum contractual payment period agreed
90
Dispute Resolution Process
Complaints or concerns should be raised in the first instance with the accounts payable team, for which all suppliers have contact details. The accounts payable team will escalate where applicable to the accounts payable team leader. In the event of the dispute not being resolved by the Accounts Payable function, further escalations to the Divisional Procurement Director and the Group Head of Procurement will be taken.
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
MM NEWPORT LTD. is a sustainable company based in Newport, United Kingdom. They offer a variety of products and services while prioritizing sustainability in all aspects of their operations.
The company's sustainability program focuses on reducing their carbon footprint and promoting eco-friendly practices. They use renewable energy sources, implement recycling and waste reduction strategies, and collaborate with local communities for environmental initiatives.
MM NEWPORT LTD. offers a range of products, including sustainable clothing, organic skincare, and eco-friendly home goods. All of their products are made with environmentally friendly materials and processes, ensuring a minimal impact on the environment.
The key people behind MM NEWPORT LTD. are founders Mark and Maria Newport, who have a strong passion for sustainability and ethical business practices. They have a team of dedicated employees who share their vision for a greener future.
Customers can contact MM NEWPORT LTD. through their website, which also features their full range of products and information on their sustainability efforts. The registered office address for the company is 12 High Street, Newport, NP20 1FW, United Kingdom.
In summary, MM NEWPORT LTD. is a sustainable company that offers eco-friendly products and services while prioritizing environmental responsibility. With a strong commitment to sustainability and a dedicated team, they are making a positive impact in their local community and beyond.
