DUNBIA (NORTHERN IRELAND)
Company number: NI016970
Reporting period:
31 December 2018
to 30 June 2019
This report was filed on 29 July 2019
and approved by Matthew Dobson
Payment statistics
Average time taken to pay invoices: 39 days
Invoices paid:
- within 30 days: 53%
- in 31 to 60 days: 29%
- in 61 days or more: 18%
Invoices due but not paid within agreed terms: 35 %
Payment terms
Shortest standard payment period
0 days
Longest standard payment period
90 days
Standard payment terms
39% of purchases are supplied from farmers and the standard payment terms are 10-14 days from the date of kill, other purchases are 30 days after end of month of invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
90 days
Any other information about payment terms
N/A
Dispute resolution process
Disputes are managed by the site and disputed invoices are notified to the supplier, these are dealt with in a timely, controlled, professional and supportive manner. Any resolved items are then reprocessed.
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
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