| 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 2025 - 30 Jun 2025 | 28 Jul 2025 | 61 | 11% | 51% | 38% | 89% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 61 | 13% | 48% | 39% | 81% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 56 | 17% | 53% | 30% | 48% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 51 | 17% | 54% | 29% | 71% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 53 | 13% | 52% | 35% | 80% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 52 | 18% | 45% | 37% | 83% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 53 | 14% | 48% | 38% | 54% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 56 | 14% | 42% | 44% | 62% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Raw Materials Suppliers 30 to 90 days, Others 30 to 60 days. However, these are often subject to negotiation with individual suppliers.
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
120
When any invoice is disputed, the ledger controller will contact supplier to discuss and resolve.
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
COVERIS LOUTH LIMITED is a leading packaging company based in Louth, Lincolnshire. They specialize in providing sustainable packaging solutions for a wide range of industries, including food and beverage, pharmaceutical, and household products.
The company's sustainability program is a key focus, with a commitment to reducing their environmental impact and promoting sustainable practices throughout their operations. This includes using eco-friendly materials, reducing waste and emissions, and implementing energy-efficient processes.
COVERIS LOUTH LIMITED offers a diverse range of products and services, including flexible packaging, labels, and cartons. They also provide bespoke packaging solutions tailored to the specific needs of their clients. Their products are designed to be both functional and sustainable, incorporating recyclable and biodegradable materials wherever possible.
The company is led by a team of experienced and dedicated individuals, including managing director Martin Davis and commercial director Peter Kett. Their expertise and leadership have contributed to the company's success and growth.
To learn more about COVERIS LOUTH LIMITED and their services, interested parties can visit their website at https://www.coveris.com/uk/en/ or contact them at their registered office address: Europarc, Queensgate, Louth, Lincolnshire, LN11 0YB.