ARDAGH METAL BEVERAGE TRADING UK LIMITED
Company number: 07832417
Reporting period:
1 January 2020 to
30 June 2020
This report was filed on 30 July 2020
and approved by Simon Gresty
Payment statistics
Average time taken to pay invoices: 123 days
Invoices paid:
- within 30 days: 20%
- in 31 to 60 days: 1%
- in 61 days or more: 79%
Invoices due but not paid within agreed terms: 1%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
171 days
Standard payment terms
Company standard payment terms are 90 days. Terms can however vary between suppliers. Within the average payment terms there are intercompany invoices with extended payment terms, paid within an agreed monthly cycle.
Were there any changes to the standard payment terms in the reporting period?
Answer not provided
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
171 days
Within the average payment terms there are intercompany invoices with extended payment terms, paid within an agreed monthly cycle.
Any other information about payment terms
N/A
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? If so, which?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No