GREEN LABEL FOODS LTD.
Company number: 03749653
Reporting period:
1 March 2025 to 31 August 2025
Report filed on:
25 November 2025
Approved by:
Joanne Michelle Wright
Payment statistics
Average time taken to pay invoices: 30 days
Total value paid:
- within 30 days: £26,715,742 (84%)
- in 31 to 60 days: £4,050,909 (13%)
- in 61 days or more: £941,901 (3%)
Invoices paid:
- within 30 days: 53%
- in 31 to 60 days: 43%
- in 61 days or more: 4%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £4,506,485
- payments due in the reporting period which have not been paid within the agreed period: 20%
- not made in the reporting period due to a dispute: 5%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
60 days
Standard payment terms
Based on the supplier invoice due date
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
Maximum supplier terms based on our current supplier ledger book
Any other information about payment terms
We endeavour to meet the supplier due dates, but do not make payments every day. We process payments twice a week and therefore a supplier may be paid 2 or 3 days behind depending on the date their invoice falls due.
Dispute resolution process
We request copy POD's for any invoices that are yet to be processed or challenge the supplier if quantities or price are incorrect. Once the POD is received we will match it to the order and if all ok then process the invoice for payment. A credit note may be issued by the supplier for price/qty queries and once the credit is agreed and received we will process the original invoice and credit accordingly.
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 Fair 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