ARDAGH METAL PACKAGING TRADING UK LIMITED
Company Information
- Company Number
- 07832417
- Registered Address
- First Floor, Knights Court, Weaver Street, Chester, United Kingdom, CH1 2BQ
- Status
- Active
- Employee Count
- 33.0
- Turnover
- 349837000.0
- EBITDA
- 7134000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 November 2011
- Nature of Business
- 82110 - Combined office administrative service activities
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- North West
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 111 | 21% | 10% | 69% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 117 | 16% | 6% | 78% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 117 | 20% | 4% | 76% | 2% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 117 | 18% | 5% | 77% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 115 | 20% | 4% | 76% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 112 | 24% | 3% | 73% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 123 | 19% | 2% | 79% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 123 | 20% | 1% | 79% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 129 | 15% | 2% | 83% | 98% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 114 | 21% | 3% | 76% | 94% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 127 | 17% | 2% | 81% | 99% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 113 | 16% | 2% | 82% | 92% |
Company Summary
ARDAGH METAL PACKAGING TRADING UK LIMITED is a leading metal packaging company in the UK, providing sustainable packaging solutions for various industries
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact
Their sustainability program focuses on reducing their carbon footprint, increasing energy efficiency, and promoting recycling and circular economy
They have also invested in renewable energy sources and have set targets to reduce their greenhouse gas emissions
ARDAGH METAL PACKAGING TRADING UK LIMITED offers a wide range of metal packaging products, including cans, containers, and aerosols, for food, beverage, pharmaceutical, and cosmetic industries
Their products are eco-friendly and can be easily recycled, contributing to a circular economy
The company is led by key people such as Paul Coulson, the CEO, and Shaun Murphy, the Managing Director
They bring years of experience and expertise in the packaging industry, driving the company towards sustainability and innovation
ARDAGH METAL PACKAGING TRADING UK LIMITED can be contacted through their website, where customers can find information about their products and services
The registered office address is Ardagh Metal Packaging Trading UK Limited, Europa House, 2nd Floor, Harcourt Centre, Harcourt Street, Dublin 2, D02 WR20, Ireland
In conclusion, ARDAGH METAL PACKAGING TRADING UK LIMITED is a sustainable packaging company offering a variety of eco-friendly metal packaging solutions
With a strong focus on sustainability, experienced leadership, and a commitment to innovation, the company continues to be a leader in the industry
Company Review
Trend Analysis
The average time taken for ARDAGH METAL PACKAGING TRADING UK LIMITED to pay invoices to suppliers has fluctuated over the past three periods, with a slight decrease in 2021 and a slight increase in 2022. However, the trend overall appears to be stable.
Volatility Analysis
The volatility of payment time has also remained relatively stable over the past three periods, with minor fluctuations in the percentages of invoices paid within 30 days and those paid later than 60 days.
Summary Analysis
Between 2018 and 2019, there was a 14.2% decrease in the average time taken for ARDAGH METAL PACKAGING TRADING UK LIMITED to pay invoices. This was driven by a 5% increase in the percentage of invoices paid within 30 days and a 6% decrease in the percentage of invoices paid later than 60 days. However, in 2020, there was a slight increase in the average time taken to pay invoices, with a 2.6% increase compared to 2019. This was due to a 1% decrease in the percentage of invoices paid within 30 days and a 3% increase in the percentage of invoices paid later than 60 days. In 2021, there was a 3.1% decrease in the average time taken to pay invoices, driven by a 4% increase in the percentage of invoices paid within 30 days and a 2% decrease in the percentage of invoices paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Company standard payment terms are 90 days. However, terms can vary between suppliers
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
171
Dispute Resolution Process
For all disputes the first point of contact will be a member of the Accounts Payable team, who can be contacted by email. The member of the AP team will try to resolve the query themselves, if this is not possible they will contact the person who had raised the order and liaise with them.
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.
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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