GUALA CLOSURES UCP LIMITED
Company Information
- Company Number
- SC119026
- Registered Address
- 1 Steuart Road, Bridge Of Allan, Stirling, FK9 4JG
- Status
- Active
- Employee Count
- 0
- Turnover
- £43,233,000
- EBITDA
- -£390,000
Additional Details
- Website
- https://rpc-bramlage.com
- Company Type
- Private limited Company
- Incorporated On
- 13 July 1989
- Nature of Business
- 22290 - Manufacture of other plastic products25920 - Manufacture of light metal packaging
- Industries
- Manufacturing, Raw Materials And Intermediate Goods
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for GUALA CLOSURES UCP LIMITED to pay invoices has fluctuated over the past three periods, with a slight increase in the most recent period. The percentage of invoices paid within 30 days has remained relatively consistent, while the percentage of invoices paid between 31 and 60 days has increased in the most recent period. The percentage of invoices paid later than 60 days has fluctuated but remains high compared to the other categories. The percentage of invoices not paid within agreed terms has also increased in the most recent period.
Volatility Analysis
The volatility of GUALA CLOSURES UCP LIMITED's payment process can be seen in the fluctuations of the average time taken to pay invoices and the percentage of invoices paid within 30 days. The percentage of invoices paid between 31 and 60 days has also shown some volatility, with a significant increase in the most recent period. The percentage of invoices paid later than 60 days has remained consistently high, indicating a potential issue with the company's payment practices.
Summary Analysis
From the data provided, it can be seen that GUALA CLOSURES UCP LIMITED has struggled with timely payments, with an average time to pay of 58 days in the earliest period and 68 days in the most recent period. The company has consistently paid a high percentage of invoices later than 60 days, with a peak of 62% in the last period. While the percentage of invoices paid within 30 days has remained relatively stable, there has been an increase in the percentage of invoices paid between 31 and 60 days, indicating a potential issue with payment delays. The company has also seen an increase in the percentage of invoices not paid within agreed terms in the most recent period.
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 2023 - 30 Jun 2023 | 21 Jul 2023 | 68 | 8% | 30% | 61% | 97% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Feb 2023 | 63 | 11% | 27% | 62% | 98% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 66 | 10% | 34% | 57% | 92% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 61 | 11% | 39% | 51% | 90% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 68 | 11% | 32% | 57% | 90% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 62 | 10% | 36% | 54% | 87% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 69 | 7% | 35% | 57% | 86% |
| 01 Apr 2019 - 31 Dec 2019 | 31 Jan 2020 | 61 | 9% | 41% | 50% | 84% |
| 01 Oct 2018 - 31 Mar 2019 | 09 Oct 2019 | 64 | 9% | 37% | 54% | 75% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 58 | 31% | 32% | 37% | 75% |
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
Standard Payment terms are "Net 60 days from invoice date"
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
95
Dispute Resolution Process
First point of contact for suppliers is Accounts Payable to raise any issues they have. AP will try to resolve as soon as possible. If needed, any issues that can't be resolved are escalated to the Financial Controller.
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
GUALA CLOSURES UCP LIMITED is a global company that specializes in the manufacturing and supply of closures for the packaging industry. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes the use of recycled materials, energy-efficient production processes, and promoting waste reduction and recycling. They also have a dedicated team focused on developing innovative and eco-friendly packaging solutions.
The company offers a wide range of closures, including aluminum and plastic caps, corks, and dispensers, for various industries such as wine and spirits, food and beverage, and pharmaceuticals. Their products are known for their high quality, functionality, and design.
Key people at GUALA CLOSURES UCP LIMITED include CEO Roberto Gualdoni and Chairman Carlo Gualdoni. The company has a global presence with offices and production facilities in Europe, Asia, and the Americas.
Their website address is www.gualaclosures.com, where customers can find information about their products, services, and sustainability efforts. The registered office address is Guala Closures Group, Via Paolo Soprani, 5, 12062 Cherasco (CN), Italy.
In conclusion, GUALA CLOSURES UCP LIMITED is a leading company in the packaging industry, known for its sustainable practices, high-quality products, and global presence. Their commitment to sustainability and innovation makes them a trusted partner for businesses worldwide.
