CARLSBERG SUPPLY COMPANY UK LIMITED
Company number: 08626420
Reporting period:
1 July 2020 to
31 December 2020
This report was filed on 28 January 2021
and approved by Sarah Perry
Payment statistics
Average time taken to pay invoices: 113 days
Invoices paid:
- within 30 days: 10%
- in 31 to 60 days: 10%
- in 61 days or more: 80%
Invoices due but not paid within agreed terms: 77%
Payment terms
Shortest standard payment periods
63 days
Longest standard payment period
93 days
Standard payment terms
93 days or 63 days for SMEs.
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
93 days
Standard terms are the longest we offer excluding customers covered on supply chain financing where terms can be longer although suppliers receive payment in 11 days
Any other information about payment terms
The Company makes external supplier payments twice weekly for all invoices currently due, this results in a proportion of invoices paid later than terms. These should though be paid within 2 working days of the due date. The majority of Carlsberg UK Limited transactions are with other Carlsberg Group Companies. This is driving the % not paid within terms.
Dispute resolution process
Is agreed on a contract by contract basis.
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.
Yes
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