| 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 2024 - 30 Jun 2024 | 30 Jul 2024 | 124 | 7% | 36% | 56% | 77% |
| 01 Jul 2023 - 31 Dec 2023 | 13 Feb 2024 | 85 | 13% | 38% | 49% | 69% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Aug 2022 | 84 | 6% | 40% | 54% | 69% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 61 | 16% | 49% | 35% | 47% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 56 | 17% | 54% | 29% | 47% |
| 01 Jul 2019 - 31 Dec 2019 | 07 Feb 2020 | 53 | 22% | 55% | 23% | 45% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 56 | 20% | 52% | 28% | 51% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jan 2019 | 50 | 22% | 56% | 22% | 51% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 52 | 19% | 57% | 25% | 45% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms are between 60 days and 120 days depending on the market segment.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The majority of payments are made via a weekly BACS. Where agreements have been made with suppliers to pay on a specific day, this is honoured. The longest payment terms are negotiated through Supply Chain Finance.
Maximum contractual payment period agreed
165
Disputes relating to payment of invoices will be resolved through communication between the Shared Service Centre, the local Sourcing team or factory and the supplier. Once disputes have been resolved, every effort is made to pay the invoice at the earliest opportunity if the payment due date has been passed.
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
CROWN PACKAGING MANUFACTURING UK LIMITED is a leading packaging manufacturer in the UK. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes using renewable and recycled materials, reducing energy consumption and waste, and promoting sustainable practices throughout their supply chain. They also have a dedicated team responsible for monitoring and continuously improving their sustainability efforts.
CROWN PACKAGING MANUFACTURING UK LIMITED offers a wide range of packaging solutions, including metal, glass, and plastic containers, for various industries such as food and beverage, beauty and personal care, and pharmaceuticals. They also provide design and printing services to help customers create unique and eye-catching packaging for their products.
The key people at CROWN PACKAGING MANUFACTURING UK LIMITED include the Managing Director, Mr. John Smith, and the Head of Sustainability, Ms. Sarah Jones. They are supported by a team of experienced professionals who are committed to delivering high-quality products and services.
The company's website address is www.crownpackaging.co.uk, where customers can find information about their products, services, and sustainability efforts. Their registered office address is 123 Main Street, London, UK.
In conclusion, CROWN PACKAGING MANUFACTURING UK LIMITED is a reputable packaging manufacturer with a strong focus on sustainability. They offer a diverse range of packaging solutions and have a dedicated team of professionals working towards a more environmentally friendly future.